We're at a critical turning point for risk, finance and compliance functions in the banking sector. Faced with the dual pressure of increased regulatory activity and ongoing economic pressures, organisations are looking to transform the role of these activities by bringing them under a single, enterprise-wide framework.
It is not surprising that so many banks plan to transform these areas. Consolidating disparate activities has the potential to accelerate and drive down the cost of compliance and deliver real competitive advantage.
Read on to learn more about the different options available to meet current regulatory and business requirements - and ultimately, develop a strategy that turns risk, finance and compliance functions into a long-term gain.