Operational Audits: Going Beyond Internal Audits 

Posted by: Bobby O'Neal | February 14, 2019

Internal 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 major reason why businesses do not do operational audits more often.

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Automating Enterprise Risk Assessment and Tracking for a Streamlined GRC Experience

Posted by: Robert Berger | February 8, 2019

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 need to do. Businesses succeed when management makes the right decisions, and management…

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Compliance Automation – Manual Compliance Management Is Holding Banking Back

Posted by: Paul Dempsey | February 6, 2019

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 their work processes to increase the speed of service delivery. There…

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How GRC Can Help Minimize AML Compliance Penalties

Posted by: Robert Berger | January 30, 2019

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 compliance, it is also an integral part of most…

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Why Flexibility is Needed to Face Banking Regulations in 2019

Posted by: Bobby O'Neal | January 28, 2019

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 upcoming banking regulations. Let’s look at a some of the factors…

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Why Managing Compliance Manually is a Sisyphean Task

Posted by: Robert Berger | January 24, 2019

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 institutions face a similar situation…

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