31 Days to More Effective Compliance Program-Operationalizing Compliance Thru Digital Transformation

Thomas Fox
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Through restructuring, senior leadership can signal that digital transformation in compliance is critical for the future of the organization. From this point the compliance function can work with an internal digital product design group. By doing so, the corporate compliance function can work with a team dedicated to supervising the development of the new compliance solution through product design, testing, and analysis, which will include customized generative design and analysis tools. Top management can signal the importance of See more +
Through restructuring, senior leadership can signal that digital transformation in compliance is critical for the future of the organization. From this point the compliance function can work with an internal digital product design group. By doing so, the corporate compliance function can work with a team dedicated to supervising the development of the new compliance solution through product design, testing, and analysis, which will include customized generative design and analysis tools. Top management can signal the importance of the compliance digital transformation by using this dedicated team to spearhead the compliance function’s digital transformation development process.

Three key takeaways:

1. Have you considered a generational team approach to a digital transformation in compliance?

2. Have non-compliance professionals aid in compliance program development.

3. In compliance you are only limited by your own imagination. See less -

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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