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A slate of new technologies is poised to push the compliance function to new horizons of efficiency and effectiveness. It may be easier said than done, however—especially without a plan of attack.

A quick look at of some of the terminology associated with emerging technology and its application to governance, risk, and compliance. Instead of organizing this glossary alphabetically, we’ve started with the simplest terms before moving to more complex ones.

FCA-backed sandboxes set up for testing in a live environment have put British RegTech and FinTech ahead of the curve.  

If you’re drowning in a sea of information, compliance analytics might be the life vest that can rescue you from chaos.

Accountants and auditors coping with an onslaught of new requirements are beginning to regard technology as a critical means of achieving compliance.

Adopting new technologies is critical for any compliance or audit department, but it’s equally important to choose the right technologies and implementations. The experts at CW’s recent innovation summit have some helpful advice.

There are plenty of technological solutions to consider as part of a modern compliance program. The data you collect, however, and implementation strategies, are just as important as the tools you choose. 

For compliance officers looking to harness the power of machine learning and artificial intelligence into their programs, they first must make sure they are working with good data.

As a leading global enterprise, Microsoft has a pretty full plate of compliance matters to handle. That’s why it relies so much on data, analyftics, and skillful oversight to manage its risk.

The advent of new technologies such as AI, workflow automation and more are making audit more powerful than before, but auditors must learn how to master such tools.

As the U.K. tries to get businesses to protect themselves better against cyber-risk, recently proposed rules all have significant compliance implications.

The SEC is testing investment firms for cyber-security readiness. Preparing for it is a marathon, not a sprint.

Across financial services, the allure of greater compliance efficiency at markedly lower cost makes investing in regulatory technology an easy sell. 

Brian Beeghly uses his experience in building better ethics and compliance programs to create technology solutions that could be at the forefront of changing the discipline of compliance itself.

As the financial services industry embraces social media, its compliance officers need new tools to make sure nothing slips through the cracks. Tim Sprinkle explains.

As cyber risk continues to increase, companies need to step up their security skills when it comes to procurement, audit, compliance, and legal on a variety of fronts. And that is just the beginning, says Bill Sweeney, financial services evangelist at BAE Systems Applied Intelligence, in an exclusive interview with CW’s Joe Mont.

Point of sales systems are the weak link in the chain when it comes to retail cyber-security. Recent data breaches at a number of prominent companies—including three in January alone—highlight the ever-increasing stakes for any organization responsible for handling customer data. Increasingly this is an issue that a strong compliance program can help to address. But how?

Increased regulatory scrutiny and the sting of billions in fines and penalties resulting from misconduct have prompted many financial firms to pour money into their compliance programs—investments that may be in vain without a unified view of risk. The tech challenges to build that view are considerable, but not impossible if you try to harmonize all the risk data you have. Inside this week, a closer look at how to get started.

Most companies still have much work to do to turn their information governance into “mature” programs, where they can extract insight from their troves of data while minimizing security and privacy risks, according to a new report from the Information Governance Initiative. “To date, very few organizations have taken a coordinated approach to how they manage their data,” says Barclay Blair, IGI founder. More inside on how to get data governance started.

The push to adopt a new ISO standard for financial transactions is gaining momentum on a global scale—even as the United States continues to weigh the business case for it. “It’s important because it is seen as the standard that all new financial transactions will move to over time,” says Barry Kislingbury at consulting firm ACI Worldwide. Compliance technologists in the U.S. banking sector, however, remain unconvinced. Details inside.

In recent months, numerous companies have found themselves the target of legal and enforcement actions for obtaining or using personal data without consent. The kicker: Most of these actions could have been easily avoided, since most of the infractions were clear violations of contract law. “If companies simply complied with their own policies … a lot of these actions couldn’t be brought,” says Mark Eisen of law firm Sheppard Mullin. 

Two recent studies hold both good and bad news on the state of social media compliance today: Compliance officers no longer approach corporate use of social media with the trepidation they once did, but those channels leave companies increasingly vulnerable to regulatory violations. According to these studies, the financial services industry commits the most violations by far. More results and how to reduce those compliance risks inside.

If you fear that your e-Discovery processes are not strong, take heart: Lots of federal judges agree with you. A recent survey of judges and a follow-up webcast spotlight the mistakes in e-Discovery as seen from the bench, and methods to avoid them. “The whole point is to come up with a process that is reasonable, efficient, and defensible,” magistrate John Facciola says.