Poor data quality has long hindered the progress of compliance teams, preventing them from embracing a data-driven approach. But regulators can now use their own data-analytics capabilities in corporate matters and expect companies to implement robust data analytics to manage a host of risks, from bribery and corruption to ESG risk, procurement, financial crimes and internal fraud. For compliance functions still struggling with data, time is running out.
Control Risks understands the challenges faced by organisations striving for compliance excellence. Our proactive compliance monitoring service helps your team to embrace a data-led, proactive approach and embrace a future where compliance breaches are identified and addressed early.
Our top-tier team of experts, including data scientists, analytics professionals and compliance and fraud specialists, partner closely with you to tailor risk models, capture and predict potential breaches, and provide proactive insights. With advanced technologies and cutting-edge analytics, we enable continuous monitoring, early detection of anomalies and swift breach resolution, ensuring regulatory compliance and safeguarding of your reputation.
We work with you to ensure that improvements to your data directly contribute to stronger monitoring capabilities.Our dedicated team will work with you to:
Embrace the future of compliance and seize the opportunities that lie hidden within your data.
Find out how you can embark on a journey of
data- driven transformation:
Since the United States Department of Justice (DOJ) updated its FCPA guidance on managing corporate compliance programmes in 2020, companies have continued to try and leverage their own compliance programmes as regulatory scrutiny intensifies now more than ever before.
Through a combination of data analytics and transaction testing, remote compliance reviews will become increasingly effective and efficient and prove to be a valuable tool for companies in managing third-party risks.