Compliance management is at the heart of any bank regardless of their size. There is a clear distinction in how compliance management is carried out in small and larger banks. Enterprises can leverage millions of dollars on their comp...

Managing vendors is a complicated task – it goes beyond simply telling them what you need and them delivering the services. What is Vendor Management? Vendor management or third party risk managment is the process through whic...

Internal operational audits are a very common occurrence in businesses. Operational audits, however, are rarer. These audits can deliver wider-ranging benefits compared to internal audits, but take more effort to carry out, which is a...

Risk assessments are done generally by businesses that need to track risks because it is necessary for their business processes – such as traders and insurers. However, enterprise risk assessment is something that all businesses nee...

The world of business always moves towards efficiency, because that is what customers desire the most. No one likes to wait but waiting has long been a necessary step for many business transactions. Most businesses have re-engineered ...

Anti-money laundering has always been an integral part of compliance management. Its importance has, however, increased greatly in the previous two decades and continues to increase. Since AML compliance is such an integral part of co...