360factors Blog

Risk, Compliance and Technology Thought Leadership Updates and Insights

360factor Blog

Why Flexibility is Needed to Face Banking Regulations in 2019

January 28, 2019 Bobby ONeal

Banks have always needed to manage regulatory change management to ensure that they were complying with the latest banking regulations. However, banks now need to be more flexible than they were before, thanks to the nature of upcomin...

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Why Managing Compliance Manually is a Sisyphean Task

January 24, 2019 Sarah Hamilton

We are all aware of the tragedy of Sisyphus, cursed to roll a boulder uphill, only for the boulder to roll back down the moment he neared the top of the hill, resulting in him repeating the process ad nauseam. Banks and financial inst...

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Metrics That Help Gauge GRC Performance and Effectiveness

January 22, 2019 Paul Dempsey

GRC implementations increase compliance levels, lower risks, and make businesses more effective. While it is easy to see that GRC software has brought improvements to the way the business operates, assessing the benefits in an objecti...

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Creating an Organizational Culture Where GRC Thrives

January 21, 2019 Sarah Hamilton

GRC increases compliance levels, enhances risk management, and results in better governance, but it needs the right organizational culture to thrive. Some businesses see minor improvements after GRC implementations while others see co...

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Streamlining the Vendor Management Process 

January 18, 2019 Bobby ONeal

Third party risk management can be a very frustrating part of the business. Vendors are absolutely crucial to business operations, but they operate independently, which makes them an uncontrollable factor for management. Businesses t...

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The Difference Made by a Proactive Compliance Risk Management Approach

January 17, 2019 Sarah Hamilton

Every business knows that it has to manage its compliance risks, but not every business is able to achieve the level of compliance they want. The problem is that businesses have traditionally used a reactive approach towards complianc...

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