Factors to consider on your Risk and Compliance Journey in 2021. Are you prepared?
- Risk and regulatory landscape is complex, dynamic and evolving at a pace which poses new challenges and offers new opportunities for risk and compliance leaders.
- Accelerated business and technology transformation, disruptive innovation, agility and operational excellence are leading change drivers that need to be accounted within risk and compliance programs.
- With the advent of artificial intelligence, Risk and Compliance functions must be capable of supporting new business models and mitigate exposures through anticipating and adapting to change real time.
- With increasing emphasis on predicting risk events through metrics, automated testing, and analytics, it is imperative that technology is leveraged effectively in Risk and Compliance programs.