Over the last few years, regulators and lawmakers have been enacting on a growing number of regulations to ensure that companies of all sizes adhere to compliance obligations. Today, more and more companies are investing in robust compliance programs as it aids to prevent infringements and mitigate fines if any such incident happens. However, in spite of numerous developments in the compliance space, several companies still rely on manual process to adhere to regulations. With that being said, deploying a tailored compliance program has become quintessential for the modern market for navigating the pitfalls without any unnecessary restrictions.
In light of this, embedding compliance policies into a company’s culture require practical measurements. Notably, the first step towards achieving that goal is the adoption of nascent technologies. Today, emerging technologies such as AI, Big Data, RPA, and NLP are steadily becoming ubiquitous in the compliance landscape. Having connected and integrated data enables companies to transform risk management and improve prediction of anomalies to avoid any crisis.
But with so many options to choose from and hurdles while deploying cutting-edge compliance services, how do organizations navigate the apt route to meet their business needs? To help CIOs maneuver in the right path while implementing compliance services, we present to you, “Top 10 Compliance Consulting/Service Companies 2019” in our latest edition of APAC CIOoutlook. The publication features leading companies that are delivering state-of-the-art technology solutions and can help enterprises garner comprehensive understanding and knowledge of how the latest technologies in the compliance sphere can optimize their business processes.