Innovating regulatory compliance
Innovating regulatory compliance
Insight

Innovating regulatory compliance

As seen in NSCP Currents

Regulatory Technology (RegTech) or compliance automation can help organizations to more effectively manage compliance with their regulatory obligations while also enhancing alignment with their business strategy, improving customer service, and boosting efficiency through greater operationalization of compliance activities and convergence across compliance, business and Internal Audit.

For many organizations, regulatory compliance risk management has traditionally been labor-intensive and complex. To comply with a myriad of obligations, organizations have built controls and processes to address specific regulations, resulting in an environment in which controls often overlap or are duplicative, and which requires extensive manual resources to execute.

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