The Compliance Shield: A Digital Solution
The ever-increasing burden on compliance teams to satisfy regulatory and legislative requirements, made particularly challenging following Brexit and the Covid-19 maelstrom, can be delivered by a more widespread adoption of technology to deliver daily activities. RegTech “shields” can and do integrate with existing processes and materially improve time and cost efficiencies, security and compliance quality. They can also transform processes such that compliance becomes a critical component of a sale, and a customer’s first impression of an organisation. The adoption of RegTech as part of the onboarding process can even become a point of differentiation and a competitive advantage.
- Environmental challenges
- Organisational challenges
- Digital solutions for compliance teams
- Practical benefits of technology
- Compliance shields – not just defensive
- How to build a business case
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