Regulatory Hot Topics in Financial Services for 2017
Regulatory compliance is always top of mind in the financial services industry, and all the more so this year, with the sweeping, and sometimes conflicting, changes that many expect on the American political landscape. So it wasn’t surprising that our annual regulatory recap webinar for members of The IIA’s Financial Services Audit Center, conducted at […]
2016 Vendor Risk Management Benchmark Study Results Released
Protiviti and the Shared Assessments Program recently released the results of our jointly conducted 2016 Vendor Risk Management Benchmark Study. This is the third year that Shared Assessments and Protiviti have partnered on this research, which is based on the comprehensive Vendor Risk Management Maturity Model (VRMMM) developed by the Shared Assessments Program. At right, you’ll find […]
Bank Charters for Fintech Companies Top January Compliance News
In December 2016, the Office of the Comptroller of the Currency (OCC), which oversees many of the largest banks in the country, released its plans to consider granting special-purpose national bank charters to a broad range of financial technology (fintech) companies, who are engaged in providing technology-driven financial products and services to consumers and small […]
IT Innovation, Part 2: Maximizing the Value of Security Investments
As my colleague Ed Page indicated in his January 11 post, digital transformation represents one of the biggest innovation opportunities of the 21st century, and failure to respond quickly to innovation opportunities is one of the biggest risks faced by any business today. A recent Protiviti white paper, Catching the Digital Wave of Change, points […]
Considerations for SOC 2 Readiness
As more organizations trade in-house IT applications, systems and related processes for third-party services to enhance capabilities, simplify operations and lower costs, it is critical to demonstrate that data and systems are well-controlled, regardless of where the data resides. While the COSO Internal Control – Integrated Framework clearly states that management is responsible for the […]
Managing Your Organization’s Culture During Rapid Growth
Early in December 2016, I had the pleasure of leading an in-depth webinar exploring how fast-growing companies can prepare for challenges related to changes in their culture and talent requirements, particularly when ramping up for an IPO or following one. I was joined by Carmela Krantz, Vice President of Human Resource at WideOrbit; Danielle Soucek, […]
