Regulatory Change Management for Financial Services

It’s been several months since COVID-19 disrupted virtually every business we know. It disrupted operations, changed the way customers are served, and profoundly impacted the security of billions of people and thousands of companies.

For several years, professional services firms and associations have been encouraging and even imploring Internal Audit teams to evolve their methodology to keep pace with the changes that are happening within their own organizations.

This episode focuses on how to approach your regulatory change management process, whether automated or manual. Our experts also address the challenges financial institutions are facing as they keep pace with regulatory change during the COVID-19 pandemic.

As a government services provider, this organization’s internal audit team adheres to a risk-based audit approach to manage its ever-changing regulatory demands. Data analytics plays a key role in supporting that approach by helping internal auditors leverage data to get a real-time pulse on the organization’s risk.