Since the financial crisis in 2008, compliance costs have continued to rise. The current spend for most financial institutions is not sustainable in today’s low margin environment.
Annually, new tests and activities are being added with little consideration for a holistic strategy. Additionally, companies have little time to assess their spend, with many institutions experiencing tremendous overlap of testing, resulting in key gaps across most compliance plans.
This webinar will teach you how to create a more streamlined approach to compliance costs and processes by helping to answer pressing compliance questions, including:
Is compliance testing a core banking activity that must be executed in house?
Is your institution ripe for taking a fresh look at its compliance spend?
What range of cost reduction is possible?
Can you improve your risk and decrease costs, simultaneously?