Today, there was a deep dive into the #ROI and value of an #auditmanagement solution and how it makes audit management software more efficient, effective, resilient, and agile. This is across the audit universe and planning, individual audit planning and preparation, audit testing and fieldwork, audit issue remediation, and audit reporting. Before that, I had a few hour deep dive on automated #regulatorychange solutions in the market with #artificialintelligence. What works and what does not. What organizations are looking for and what they are frustrated with. Had a great interaction on the GRC market for small to mid-sized financial services organizations in North America. What players are playing in this market, who is gaining traction and how is losing. Similar call to that on the insurance vertical with a North America and Europe focus.
Michael Rasmussen’s Post
More Relevant Posts
-
In this week's GRC Report . . . #ESAs to Intensify Oversight as Critical Regulatory Developments Shape the #EU #FinancialSector in 2025 . . . and so much more . . . The GRC Report: your resource for the latest #GRC news across hashtag #governance #riskmanagement #compliance #ESG. We bring 360-degree awareness of what's happening in GRC . . .
-
I had a #clientreference call with a large #EuropeanBank about their use of Ascent for #regulatorychangemanagement. Over the past five years, the bank has leveraged Ascent to streamline #compliance processes for both #USA and #UK #regulatoryrequirements. The solution's ability to tailor obligations and remove unnecessary noise has been particularly valuable, reducing the time spent on compliance tasks and ensuring that only relevant regulations are tracked and addressed. With 1,500 applicable obligations in the UK alone, Ascent helps the bank efficiently navigate a complex regulatory environment, delivering significant time and resource savings while enhancing its #regulatoryrisk identification and mitigation efforts. The bank has found Ascent to be customizable, effective, and highly responsive to their needs. #Compliance #RegulatoryChange #GRC #RiskManagement #Ascent #Efficiency #FinancialServices #RegTech #TailoredCompliance #RegulatoryObligations #ComplianceAutomation #Governance
-
Had a solution briefing with NuArca Labs, exploring their #NuComply platform. NuComply is an #AI platform for #compliance professionals in financial services in the #USA and #Canada (currently), offering answers to regulatory and internal policy questions, which reduces #compliancerisk. It automates policy assessments, ensuring compliance with federal, state, and Canadian banking regulations, and reviews marketing communications to ensure regulatory alignment. NuComply provides individualized #regulatorychange assessments, helping institutions adapt to new rules, and generates tailored policies, procedures, and risk controls. One of the features is its document testing, ensuring that items like loan documents and products meet the highest regulatory standards. #Compliance #RegTech #NuComply #GRC #RiskManagement #RegulatoryChange #PolicyManagement #AIinCompliance #Governance #Risk #FinancialServices #BankingCompliance #DocumentTesting #ComplianceAutomation
-
Another GRC & Me episode has arrived, and it’s a must-listen! 🎧 Join host Meghan Maneval and GRC Analyst & Pundit Michael Rasmussen as they discuss everything from best practices for building a comprehensive vendor risk management program to essential regulations and standards in the financial and banking sectors. Tune in now: https://lnkd.in/eJCz4VpZ #GRC #RiskManagement #RegulatoryCompliance #VendorRisk #AI
-
-
Last week, I had the opportunity to have a solution briefing with Signal AI in #London, and it was a fascinating deep dive into their #AI-powered approach to #riskintelligence. Signal AI enables organizations to navigate the uncertainty and risks surrounding their strategic objectives by delivering real-time insights on #geopoliticalrisk, #ESG, #reputationalrisk, #negativenews, #regulatoryrisk, and much more. Their AIQ platform analyzes data across 226 markets in 75 languages, providing organizations with critical signals in a world full of external noise. From tracking sentiment to identifying emerging topics, Signal AI empowers the organization to get ahead of risks and opportunities, enhancing decision-making confidence. The integration of Signal AI with #GRC and #riskmanagement platforms delivers #riskagility and #operationalresilience in helping businesses navigate today’s dynamic risk landscape. #RiskManagement #AI #GRC #RiskIntelligence #SignalAI #CrisisManagement #Geopolitics #ESG #Innovation
-
It was a great dinner and conversation. Thank you CoreStream GRC and Enhesa
We can't believe it’s already been a week since our #GRC community dinner after day 1 of #RISKLondon! 😀 Hosted at The Ivy Collection, in Canary Wharf, alongside Michael Rasmussen, "the father of GRC," and our partners Enhesa, it was an informal evening designed for real networking connections after a day packed with insights. 🤝 A great chance to catch up with peers in the GRC space in an informal setting. We look forward to hosting more of these valuable networking events soon- stay tuned! 🍷 #Networking #CoreStreamGRC GRC 20/20 Research, LLC
-
