Remove Compliance Remove Risk Management Remove Training Remove User Experience
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Survey shows that tools with strong user experience are key to better risk management across the enterprise

Insights on Business

Today, risk-awareness and risk averse behavior is the responsibility of everyone in the firm, so staff need to be able to engage in the common goal of regulatory compliance. Continued change can create lag in the organization between existing compliance capabilities and latest regulatory demands.

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Reimagining the first line of defense with next-gen GRC

Insights on Business

The global financial crisis of 2008 and 2009 brought a renewed focus on the governance, risk and compliance (GRC) processes within the financial institutions, who, not very long ago, viewed GRC as little more than a necessary evil – cost of doing business, which added little value. IBM OpenPages with Watson 8.0

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Innovating in the open: How the changing GRC landscape inspired IBM GRC’s latest releases in 2018

Insights on Business

This past year brought governance, risk and compliance (GRC) to the center stage. Organizations in financial services and other sectors witnessed an increase in “airtime” given to risk and compliance issues at the board level. Drive efficiency across risk & compliance processes. Risk-aware decisions.

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In conversation: Laura Polak and Christophe Delaure

Insights on Business

Innovating AI in user experience (UXD) to empower the first line of defense. Laura Polak is Head, GRC Offering Management, and Christophe Delaure is Senior Product Manager for OpenPages at IBM. Over the past decade, things started to change as the responsibility of the risk team grew.

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As regulations and risk grow, IBM Watson expands further into RegTech

Insights on Business

Regulators also now expect broader participation from a company’s first line of defense, making managing risk even more complicated. Current risk and compliance systems are disparate and disconnected, often with varying taxonomies, user interfaces, and skill requirements. OpenPages 8.0 Financial Crimes.

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Redefining risk and compliance: IBM OpenPages with Watson

Insights on Business

For financial services institutions, the ever-growing volume of regulations and annual changes since the financial crisis continue to challenge banks’ capabilities, as well as their confidence, in managing compliance and risk exposure. The global regulatory environment continues to evolve at a rapid pace.

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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Let’s hope bankers can keep evolving their mortgage business and borrower experiences among all this compliance chaos. Banker: “Do you offer instructions on how to best use your company’s training extranet?”. V: “On the training extranet.”. Regulatory “De-Clawing” Award – Goes to the CFPB. Vendor: “Yes, of course.”.

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