As the initial shock of COVID-19 passes and organizations adjust to a “temporary normal” state, most financial institutions across the U.S. have shown remarkable resilience in continuing critical..
If Robotics Process Automation (RPA) is a key foundational technology that can enable an organization to take advantage of other new technologies, it stands to reason that it’s highly important that..
If working with an Anti-Money Laundering (AML) model, it is important to note that tuning is not a one-time effort. This action should occur on a regular basis. As factors like the economy and a..
For Asset Managers, the quarterly close process is often riddled with manual, time consuming, and inefficient processes. One such process is the generation of Partner Capital Statements (PCAP), a..
In a time of crisis, cost transformation plays an important role in enabling organizations to become nimbler, cost effective, and resilient. While they all should strive to embody these..
In the decade leading up to 2018, global financial institutions were fined almost $27 billion for Anti-Money Laundering (AML)/ sanctions non-compliance. With an average fine of $195 million, U.S...
Now, more than ever, companies are forced to do more with less, ultimately looking for ways to increase value and efficiency. Within organizations, the Internal Audit function can improve..
During its May 20, 2020 meeting, the Financial Accounting Standards Board (FASB) discussed proposed limited deferral of the effective dates of certain new accounting standards in light of the..
There is no denying that privacy and data protection continue to go mainstream. International and domestic privacy laws are continuing to pop up, and a global pandemic has meant that countries and..
Imagine trying to catch deer using a mouse trap; the chances of that working out in one’s favor are slim. Whether it’s Anti-Money Laundering (AML) Compliance or Marketing Acquisition models, the..
One of the consequences of the COVID-19 pandemic outbreak is a considerable change in consumer habits. As a result, companies may experience a sizable decrease or increase in demand. Managing the..
Data continues to drive innovation and change across enterprises, and Internal Audit functions are no exception. The recent crisis has increased the spotlight on data analysis and visualization,..
When an organization enters into a line of credit or business loan, it is common for the debt agreement to include financial covenants. These covenants typically prescribe conditions that must be..
Divestment strategies are integral as companies seek a tactical shift in their business, a change in their margin profile, or a deleveraging of their balance sheet after a time of crisis. Whether..
Achieving or optimizing flexibility and efficiency while delivering timely, quality work is a familiar aspiration that has never been more crucial than in our current environment. The words..