It would not be an exaggeration to say that the recent shutdowns caused by the pandemic were a shock, not just to the financial industry but to the whole economy. Banks are uniquely intertwined into every sector of the econo...

Software solutions for managing risk and compliance are not a recent innovation. Some of the largest banks in the country have been using software solutions to manage risk and compliance for almost two decades by now. Howeve...

Risk and compliance management are intrinsically linked. The rules and regulations that banks and financial institutions must abide by are designed to mitigate the myriad risks that are borne from financial activities. Howev...

Specialized risk and compliance management technology is now becoming mainstream in mid-sized banks across the country. Most banks, when they look for the right technology to implement, prepare themselves for a significant f...

It is vital to rethink the performance standards that are considered acceptable in light of new information and tools. Businesses understand that achieving perfection is impossible, but it is important that the business achi...

Whenever there is a paradigm shift within a domain it is necessary to change our perspective of what is possible accordingly. Whenever we set the standards and accepted performance levels of any process, we look at all the c...