Facing new risk challenges with new tech
Financial institutions today are facing new compliance risks thanks to the rise of modern digital solutions in FinTech and InsurTech. While there has been acknowledgement of the challenges that new technologies can bring, it has not been easy to implement compliance management strategies to mitigate these, especially in complex business and financial environments.
In addition, employees may lack the skills to successfully navigate the new compliance landscape and will need guidance and advice to work towards better compliance practices.
Creating a new risk culture
Learn how your business can tackle these obstacles by developing a new risk culture, and what business leaders should do to create a robust and compliant culture that encourages transparency and accountability.
