News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
Register for free
Receive the CW newsletter and access CPE webcasts.
- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-11-29T16:00:00
Most compliance professionals say their teams are not using artificial intelligence (AI) to assist with compliance obligations, according to Compliance Week’s “Inside the Mind of the CCO” survey.
Asked in what areas they’re using AI, 59 percent of respondents said they aren’t. The survey received 322 total responses.
Of the 41 percent of respondents who said their compliance departments are relying on AI, the most popular use cases included improving policies and procedures (19 percent), monitoring third parties and communications (12 percent each), and keeping pace with regulatory change (11 percent). More than one response was permitted.
THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.
News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
Register for free
Receive the CW newsletter and access CPE webcasts.
2024-05-08T13:06:00Z By Aaron Nicodemus
Three experts join the Compliance Week podcast to discuss opportunities and risks posed by artificial intelligence, as well as governance frameworks your organization can implement to ensure AI tools are utilized safely and ethically.
2024-02-26T15:00:00Z By Camelia Gardot, CW guest columnist
Employees engaging in side businesses—part-time jobs or new company creations—can introduce a myriad of risks for a company.
2024-02-05T12:13:00Z By Neil Hodge
Tech vendors believe ESG reporting is a ripe market for artificial intelligence to help companies sift through data and ensure compliance with both mandatory and voluntary reporting standards. Compliance officers appear less sure.
2024-07-25T18:15:00Z By Aaron Nicodemus
A new compensation survey found base pay for chief compliance officers has risen 36 percent since 2021 to an average of more than $403,000.
2024-07-22T16:04:00Z By Neil Hodge
Companies may need to examine employees by age group to find out how likely some workers might be to ditch compliance to complete tasks.
2024-07-18T14:27:00Z By Adrianne Appel
Nearly three-quarters of compliance professionals at investment firms have made testing for off-channel and electronic communications surveillance a top priority in mock exams, according to a new poll, with more than half calling it the “hottest” topic of discussion.
Site powered by Webvision Cloud