Every organization needs and uses vendors. Banks and financial institutions cannot afford any interruptions in their business, and making sure that vendors are being managed properly ensures that this risk is managed. Vendors inc...

Without a shadow of a doubt, Artificial Intelligence (AI) and Automation are the best things that have happened to the world of technology. By making use of AI, developers have been able to create automated software which has made the...

If you observe the results of various regulatory compliance surveys across multiple industries, the results of most of the surveys are pretty similar, however some of the results were quite disturbing. When asked about top management'...

Bank regulators are constantly promoting the fundamentals in implementing an effective Anti-Money Laundering Program. However history has shown that banks are having difficulty in implementing a sound Anti-Money Laundering (AML) Progr...

Imagine that you are about to take a drive to a place you have dreamed of going to your entire life and you have the following  two options: Option 1 Your suitcases are packed in the car, and all you have to do is put your key in,...

Asset intensive, high risk, heavily regulated industries are undergoing a sea of changing regulations. They face an environment marked by growing consolidation, rising customer expectations, increasing regulatory requirements, prolife...

Do you have an intelligent audit management system in your organization? Or you are still relying on ineffective manual audit processes that not only increases audit errors but can also thwart the security and compliance efforts of yo...

Blockchain is slowly transforming Financial Services Industry (FSI). A lot of conventional firms are now focusing on “distributed ledger technologies” for the digital currency called the Bitcoin. Emphasis is on increasing the gen...

The EU’s General Data Protection Regulation could potentially strike any business around the globe if it is found in contact with an EU resident. It doesn’t stop here – the finalized regulation could impose penalties on non-comp...

Is integrated GRC an all-or-nothing proposition? The challenge of integration often relates to cultural boundaries within an organization rather than conceptual or technical issues. GRC processes are unique in relation to operating p...