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Struggles on IT Strategy for Compliance

Matt Kelly | April 27, 2015

Earlier this year Compliance Week and Deloitte launched our 2015 Compliance Trends survey, a comprehensive look at how chief compliance officers at large organizations run their program. We’re collating the results now and will unveil our findings in a few more weeks at the Compliance Week 2015 conference.

For now, however, let me whet your appetite with a few interesting morsels. Consider these three statistics plucked from the 364 compliance leaders we polled:

  • Roughly half of you have a compliance department of 5 people or fewer, and annual budgets (including salaries) of $1 million or less.
  • 59 percent are either “somewhat confident” or “not confident at all” that their IT systems can fulfill the data collection and reporting requirements they have.
  • For almost all the major tasks...
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