There I was last week, talking with my friend the Vendor, as he sat across a conference room table from me smartly describing his software’s approach to regulatory compliance. And actually, his idea was pretty smart.
Start with the obvious, he said. Highly regulated industries—mostly finance, pharmaceuticals, healthcare, and energy—have exhaustive compliance demands. Regulators have crawled all over their operations for years, creating ever-longer checklists and tests and exams that a company must pass if it hopes to stay in business.

