360factor Blog
The future merger of risk management, compliance management, and sustainability management
Organizations are discovering that these three factors are more linked to each other than previously thought or perceived.Risk and compliance management have always been important tenets of the financial industry, and recently sustainab...
The Value of Risk for Banks
Risk Management can transform risk for small to mid-sized banks. We are all aware of the negative connotations around the word ‘risk’ – it is almost always thought of as a bad thing. However, risk management solutions help chan...
The New Role of Compliance Managers in the automation era
Automation will end up changing the way we work. The change isn’t far off in the distance or theoretical in any manner – it is already happening. Automation is slowly entering more and more industries and it is now here for compli...
The importance of vendor management systems for small and mid-sized banks
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...
4 Ways to Ensure Regulatory Compliance
Regulatory compliance is a necessity for organizations. It ensures that risks are kept at a minimum and a violation in regulatory compliance can result in hefty fines. Regulatory compliance is not just a process that can be done onc...
The 3 key areas where compliance automation saves banks the most time
Time is the most valuable thing an organization has, the only resource which truly can never be recouped or reused. Decreasing the amount of time taken to do a task isn’t just an improvement in terms of speed. It also helps the comp...