If intelligence can be measured by the ability to cross-reference information to make sound decisions, how smart are your compliance management systems—Mensa material, or barely making the grade?
Smart compliance management systems bridge different data sources to empower compliance teams to manage risk much more effectively. A new class of automated solutions is focusing on conduct risk management as a cornerstone of the compliance program.
Defining Conduct Risk
Conduct risk is the broadest form of business risk as it relates to the activities of so many individuals, from senior executives and staffers to customers, vendors and other third-party affiliates. Naturally, the forms of misconduct that are most harmful to a firm…
