Enhancing your compliance monitoring and testing program

In their quest to “do more with less” in today’s challenging economic climate, an increasing number of organizations are embarking on a journey to realize a more systematic, disciplined, sustainable, and agile approach to their regulatory compliance monitoring and testing programs.

In this podcast, Amy Matsuo, KPMG’s global lead for compliance transformation, and Todd Semanco, a KPMG regulatory risk partner and leader in regulatory automation and compliance services, sat down to discuss:

• the importance of understanding the various, disparate testing activities, and if they should be should be brought together to support a common, enterprise-wide mandate or set of standards
• the qualitative and quantitative risk factors that should be considered to help ensure proper, real-time coverage throughout the testing and monitoring program
• the role digital labor, cognitive capabilities, and other types of automation play in managing all aspects of the compliance function.