- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-12-06T17:27:00
Finance executives and general counsel alike say their firms and leadership teams are unprepared for the risks and benefits of artificial intelligence (AI), according to two recent surveys.
More than half of 250 U.S. finance and accounting executives and senior managers said they lacked the analytical skills needed to take full advantage of AI programs, a recent survey by Paro.ai found.
About 57 percent of respondents said their firms were already using AI, according to the poll conducted in September. But 53 percent said their finance teams lacked the advanced skills required to apply AI in their work.
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2023-12-05T16:00:00Z By Kyle Brasseur
Emerging technologies like automation and generative AI are on the radar as difference-makers for businesses serious about keeping pace with increasing regulatory scrutiny toward third-party due diligence and sanctions compliance, a survey conducted by Compliance Week and Certa found.
2023-11-29T16:00:00Z By Adrianne Appel
Most compliance professionals say their teams are not using artificial intelligence to assist with compliance obligations, according to our “Inside the Mind of the CCO” survey.
2023-11-20T20:16:00Z By Adrianne Appel
The Securities and Exchange Commission has not yet implemented rules governing use of artificial intelligence but still expects regulated entities to adhere to commonly accepted practices, including disclosure, said an agency enforcement official.
2025-04-30T14:20:00Z By Ian Sherr
The compliance world is filled with numbers, rules and regulations. But the soft skills of management and relationships are critical too, and they can make the difference between making it to higher level leadership or not.
2025-04-30T14:00:00Z By Ian Sherr
As companies increasingly test artificial intelligence throughout their workforce and product lines, early adopters say an important rule is to pick the right AI for the job.
2025-04-30T00:37:00Z By Adrianne Appel
Some compliance teams consider it outside their roles to learn the ins and outs of their businesses, and something to explore when they have time.
Site powered by Webvision Cloud