Future of Transaction Monitoring: Chasing the Holy Grail
The current and future state of suspicious activity monitoring and reporting is being transformed by technology and the use of data, analytics and robotics. In the latest episode of Protiviti’s Risk Transformation podcast series, Mark Highton, Managing Director leading Protiviti’s Financial Crimes Consulting practice, interviews Vishal Ranjane, Head of Global AML Strategies, Solutions and Transformation […]
Succeeding With Data and Analytics: A Guide for Internal Audit Teams in the Manufacturing Industry
Internal audit leaders at manufacturing and distribution (M&D) companies increasingly recognize the potential of bringing disparate data sources together to produce analytical insights that strengthen their practices. Outside of internal audit, M&D organizations are already applying analytics to production challenges like predictive maintenance of equipment or calibrating the supply chain for just-in-time manufacturing. Others are […]
Will Portfolio Optimization Prove Quantum Advantage This Year?
Finding a specific use case that proves quantum advantage will radically kickstart the quantum computing industry. While universal gate-based quantum computers with error correction are a few years away, annealers – quantum systems from D-Wave – are proving excellent at specific types of problems today, especially in a hybrid approach aided by classical computers. Just how excellent are these systems? We […]
Understand SBA Lending Risks Better to Reap the Rewards
On August 5, 2021, the Office of the Comptroller of the Currency (OCC) released the “Small Business Administration Lending: Risk Management Principles” bulletin (OCC 2021-34). This guidance informs bankers and examiners of the critical components for ensuring a sound risk management system related to U.S. Small Business Administration (SBA) lending. In this blog post, we […]
Internal Auditors in the Spotlight as Trusted Advisers and Partners in Business Resilience
Internal auditors are being challenged to do more than ever before, often in areas beyond the typical audit plan prepared each year. Stakeholders are looking for greater insight and knowledge into their organizations. Deft internal audit organizations have been able to engrain the importance of their role and reaffirm value. In November 2018, Protiviti published […]
Are Third Parties Pharmaceutical Companies’ Achilles’ Heel?
For pharmaceutical and life science firms there has been nothing like the past 18 months. Faced with a 100-year pandemic that demanded unprecedented speeds in research and development while working under conditions that were unusual to say the least, these companies have had to collaborate with each other and with third parties as never before. […]
