Tagged: artificial intelligence

Third-Party Risk Management: Managing the Information Flow

We are living in rapidly changing times.  I know it sounds trite but it is amazing when you witness rapid innovation and change.  Even in our narrow corner of life involving ethics and compliance, we can see change occurring right before our eyes. When you review due diligence and third-party risk management, there has certainly been significant advances in capabilities to identify risks, uncover relevant...

Ethics and Compliance Trends: Humans and Automation, Intelligence and Technology

For me, the year-end retrospectives have become a rite of passage.  While there has been modest changes and trends in the enforcement arena, I am amazed each year at the pace at which compliance as a discipline and a profession continues to move forward. While there is much that is written about compliance and current or immediate trends, in reality, on the ground, compliance as...

Artificial Intelligence, Hype and Financial Misconduct

The compliance world, like business in general, is being inundated with “trends” and claims of “new technology” that inevitably (is or) will transform our economy.  There is no question that artificial intelligence holds great promise for compliance and our entire economy. When you boil down artificial intelligence, it is built on two significant developments – the creation and collection of large data sets (sometimes called...

Episode 41 — Compliance and Technology

Compliance professionals are learning about new technologies that are quickly evolving to aid the compliance function.  We hear regularly about the promise of artificial intelligence and block chain technology.  These new developments will have a significant impact on compliance.  But for now there are other areas where technology can help compliance programs today, including automation, data collection and analytics and monitoring capabilities. In this episode,...