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 doubling at some large financial institutions every year since 2014. It’s part of a trend toward a flatter, more agile risk management philosophy. […]
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 position and some of the data cross-border transfer mechanisms available to companies outside of the European Union. Listen to the podcast at this link. A full […]
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 process automation (RPA) show promise that should be evaluated. According to Protiviti’s 2018 SOX Benchmarking survey, nearly one in three organizations reported using […]
