Driving Compliance & Risk Technology Investment in Your Organization
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Making a Successful Case for Risk and Compliance Technology Implementations
New regulations like GDPR, MiFID II, Sexual Harassment Laws, Emergence of FinTech, Privacy and Security in RegTech are all causing a huge burden on the Regulatory Change Management departments across the industry. According to the ninth annual Cost of Compliance survey conducted by Reuters, 66% of firms expect the cost of compliance staff to increase and 61% of firms expect compliance budget to increase significantly over the next 12 months.
Tech compliance and risk departments are often overwhelmed with work and struggle to get ahead of the mounting burden of existing regulations, tracking, reporting, exams, reviews and board meeting prep. All of this impacts the organization’s ability to make timely, risk-free, and compliant decisions to drive continued growth and gain a competitive edge in the market.
Download This Guide to Learn:
- The factors that drive executive decision making
- Highlighting the shortfalls in the current risk and compliance framework
- Quantifying the benefits of the technology investment
- Making a business case for the implementation
- Tracking your results and showing ROI of the investment
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