In this month’s Compliance Insights podcast, Risk and Compliance experts Christine Bucy and Steven Stachowicz discuss the challenges around the customer due diligence (CDD) rule in force this May, and the dynamic developments related to the...
Archive - January 2018
From Tried and True to Something New – the Energy and Utilities Industry Wrestles With Disruptive Innovation
“Disruption” and “utility” are two words that were never meant to go together. The always-on, 24/7/365 nature of water and power is the industry’s defining characteristic. It’s not surprising then that executives and board members in the energy and...
Meaningful Cybersecurity Reporting: Measurement That Matters
As cybersecurity concerns grow, leadership is searching for the metrics and insights that matter. At the end of last year, Protiviti sponsored a Cyber Summit in Chicago with speakers from Northwestern Mutual, First Midwest Bank, Zebra Technologies...
What Are Your AML Priorities in 2018?
FinCEN’s Customer Due Diligence Rule. Sanctions Compliance. NYDFS’s Part 504. RegTech. Which of these issues is at the top of your institution’s AML compliance agenda for 2018? Thanks to everyone who attended Protiviti’s webinar, 2018: The Year...
Tech-tonic Shift: PreView Examines Seismic Risks Wrought by Technology
In October 2017, Saudi Arabia granted citizenship to a robot with facial features designed to look like the late British actress and humanitarian, Audrey Hepburn. The largely ceremonial gesture made the humanoid, named Sophia, the world’s first...
Five Ways Technology, Media and Communications Companies Are Using RPA and AI to Save Money and Improve the Customer Experience
Just as mechanical robots revolutionized assembly lines in the 1960s, robotic process automation (RPA) is revolutionizing office work. Any rules-based repetitive task can be handled faster, cheaper and more accurately by a software robot, and...
Want to Increase User Adoption? Try This Simple FRA2MEwork
For as long as Business Intelligence (BI) has existed, organizations have made significant investments in high-performing platforms – only to find no one will use the solution. Why? For one, end users cannot find information quickly, or at all. Two...
Innovation with a Capital “C” – Culture Concerns Climb for Technology, Media and Communications Companies in 2018
Amid growing pressure to meet or surpass the speed of disruptive innovation, executives and directors of technology, media and communications (TMC) companies worry that their organizations’ desire to innovate may outrun their ability to properly...
ERM: A Tool for Risk-Informed Strategic Planning and Decision Making
At the end of last year, Protiviti conducted a webinar, Deriving Value from the Updated COSO ERM Framework. I had the pleasure of hosting the webinar, along with my colleagues: Dolores Atallo, a Managing Director in the Risk and Compliance practice...
The Current State of Internal Audit Data Analytics
The explosion in the use of digital channels and the data they produce have caused a corresponding rise in the use of data analytics by the risk management and internal audit functions within financial services firms seeking to streamline their...