Data analytics technologies can help organizations be more proactive in compliance efforts and address weaknesses before they escalate to compliance issues, consulting firm KPMG said in a recent study. However, many are not effectively using technology and data analytics to take a proactive approach to compliance and to prepare for and adapt to regulatory change, the firm said.
Many companies continue to struggle to integrate and automate compliance activities across their organizations. Approximately 60 percent of the chief compliance officers (CCO) surveyed for the report said either that their company’s technology infrastructure has not been analyzed to confirm that it aligns with compliance requirements, or they were unsure of such alignment.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access