Financial service organizations today face a maze of third-party and regulatory risks as they look to modernize their offerings, oversee their provider partnerships, and keep pace with emerging risks. The expanding technology footprint creates a much greater scope for compliance activities while the number of regulatory activities continues to rise.
Is there an easier, more efficient and effective way to improve governance, risk management and compliance, increase transparency and achieve objectives at scale?
This session will discuss the impact of new legislation such as DORA, NIS2, CRA, and other emerging standards and explore strategies for harmonizing compliance efforts without duplicating work.
The session will also discuss the recently revealed Compliance Automation Revolution (CAR) initiative whose mission is to establish industry standards, best practices and architectures for compliance automation, real-time evidence collection to improve visibility, harmonizing regulatory framework, fostering continuous assurance and driving risk quantification.