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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aly McDevitt2022-12-12T17:20:00
The value-add of leveraging data analytics to mitigate third-party risk is, at this point, common knowledge. Access to real-time data updates and adverse media alerts as well as a single source of truth up and down the chain of command are just a few advantages. Many technology solutions are now equipped with prebuilt integrations, artificial intelligence, and natural language processing.
Still, a tool is a tool. You must know how to wield it to make good use of it—and avoid injury.
A panel of experts at Compliance Week’s virtual Third-Party Risk Management and Oversight Summit last week offered compliance practitioners a how-to primer on just that.
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News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
2023-03-07T13:30:00Z By Jaclyn Jaeger
The chief compliance officers of Google and Uber offer insight into how their data analytics compliance programs have evolved amid enhanced scrutiny on use of technology from the Department of Justice.
2023-02-10T14:00:00Z By Aaron Nicodemus
Respondents to a survey from Compliance Week and Dun & Bradstreet overwhelmingly indicated cybersecurity to be the most important compliance-related area affecting third-party risk management in the new year, though fraud and other risks should still be on their radar.
2023-02-02T17:31:00Z By Neil Hodge
Companies are at serious risk of facing multiple fines for the same offense under different sets of legislation if the artificial intelligence technologies they employ misuse personal data or cause harm to consumers, according to legal experts.
2024-06-28T19:30:00Z By Jeff Dale
A Bank of England report warned of private equity risk management deficiencies as interest rates remain stagnant, with international coordination important.
2024-06-20T15:40:00Z By Aaron Nicodemus
Compliance departments at financial institutions must become more involved in ensuring their firm’s operational resiliency to address emerging risks, the Treasury Department’s Office of the Comptroller of the Currency said in its semi-annual risk perspective.
2024-06-07T22:34:00Z By Adrianne Appel
Compliance has been “sleeping on” artificial intelligence, two panelists discussed at Compliance Week’s Women in Compliance Summit. The profession should be positioned to lead on AI governance at the business level.
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