Prevent fines and reduce workload by applying an alert shaping process. Rising Expectations Regulatory fines in the financial industry spark an action-reaction process. A financial institution – most commonly banks – receive a fine for not upholding regulatory compliance, then suddenly financial institutions everywhere raise the budget for their compliance department, or at least begin […]
Last week de Volksbank and BusinessForensics signed the contracts for a collaboration. De Volksbank will use the ForensicCloud of BusinessForensics to facilitate their investigative work within the Financial Economic Crime domain. Compliance & Security Director of De Volksbank, Security Affairs Manager Frank van Dam and BusinessForensics CEO Tames Rietdijk gave the go-ahead for a joint […]
Control at large: the brave new world of integrity risk management The business of finance is hugely underestimated Running a financial institution can be lonely. At every turn, bankers, investors and insurers have to make complex and difficult decisions, predicting outcomes and avoiding risks that grow in significance every step of the way. You also […]