Data analytics in compliance: Time to get started, or expand, in 2025
By 
Aaron Nicodemus2024-12-30T21:00:00
Launching or expanding a corporate data analytics program for compliance can seem like a daunting task, but it is one worth adding to your to-do list in 2025.
Using data analytics can transform the effectiveness of your compliance function. Done right, data analytics can reduce the time your team spends monitoring transactions, freeing up your team to spend more time evaluating and mitigating difficult issues. It also allows compliance teams to recognize, assess, and mitigate emerging risks, while also recognizing patterns in data that human analysts overlooked.
More and more, regulators are expecting companies to use data analytics to aid in decision-making and to make compliance more effective and efficient. The Department of Justice’s Evaluation of Corporate Compliance Programs (ECCP) says prosecutors expect companies to assess the effectiveness of their compliance programs using data analytics.
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