With sub-$50-per-barrel risk largely subsided, optimism abounds in the oilfield. (See figure.) Recent billion-dollar deals like Concho Resources’ $9.5B acquisition of RSP Permian and Devon Energy’s $3.125B divestiture...
Archive - September 2018
GDPR: Dealing With the Mandatory 72-Hour Breach Notification Requirement
Article 33 of the General Data Protection Regulation (GDPR) requires that, in the event of a personal data breach, the data controller – without undue delay and, where feasible, no later than 72 hours after becoming...
Data Tops Priorities in New Finance Survey by Protiviti
A new Finance Trends survey by Protiviti, released yesterday, confirms what many CFOs already know — that data means everything in finance. The specific data priorities this year, however, are revealing — the security...
So You Want to Use RPA in Audit — Here’s How You Start
Robotic process automation (RPA) has been gaining traction as an efficient way to automate labor-intensive and repetitive tasks across a variety of business functions, including finance, accounting, technology, legal...
How Finance Should Tackle Post-Merger Integration: Plan for the Expected!
Whether organizations involved in merger and acquisition (M&A) activities have been fortunate to be among the 20 percent whose deal objectives for synergies were successfully met, or among the 80 percent that failed...
Vendor Risk Management in Financial Services: A Closer Look
Third-party risk has been on the forefront of the minds of risk officers, compliance officers, information security officers, heads of procurement, and even CFOs of banks and other financial institutions for well over a...
Agile Risk Management: Financial Institutions Expand Business Control Functions to Navigate the Digital Future
Business control functions — operational teams with a primary focus on risks, controls and compliance — are growing rapidly in the financial services industry, with the number of full-time-equivalent employees more than...
GDPR: Immediate Steps, Cross-Border Transfers and More. Listen to the Podcast.
In our continuing GDPR series, Tom Lemon, Managing Director with Protiviti’s Technology Consulting group in the UK, addresses several important questions, including the first steps to establish a defensible...
In SOX Compliance, Automation Is Key to Higher Value
As executives and compliance leaders look for ways to reduce overall hours required for SOX compliance and glean strategic value from compliance activities, automating controls and testing and broader use of robotic...