It is customary for organizations to assess their performance at the end of the year to identify opportunities to improve their practices. As 2020 ends financial organizations are assessing their compliance management ...

Compliance monitoring and testing enables organizations to detect potential issues and vulnerabilities in the risk and compliance management framework of the organization. The first step is to test all the controls that have b...

Here at 360factors our aim is to deliver predictive risk and compliance intelligence through modern technologies. We keep in touch with industry experts to gain deeper insights about how banks, credit unions and financial se...

A major advantage of living in the information era is that businesses now have access to more data than ever before. Banks track a lot of risk metrics and leading indicators to stay ahead of the market and detect any upcomi...

At the end of every year the management of financial institutions formulates a plan for the following year. The goal is simple; to ensure that the institution has the plans and tools in place that will be needed to meet u...

Compliance management technology is not just a tool that helps the compliance team within the bank – the technology helps the whole organization in different ways and ensures that compliance continuously improves. Mo...