One of the ways the Department of Justice (DOJ) will assess a firm’s compliance program is by judging how accessible and visible a company’s data is to its compliance function, an agency official told attendees at Day 3 of Compliance Week’s National Conference in Washington, D.C. on Wednesday.
Lauren Kootman, assistant chief in the DOJ’s Fraud Section, said during a panel that data analytics is “one portion of an effective compliance program,” and how it is being used is a good indicator of a program’s strength or weakness.
