According to our study, compliance functions aren’t channelling investment increases toward the tools and technologies they need to build sustainability.
The danger of failing to invest? If the compliance function can’t keep up, it will fall behind the rate of change in the financial risk ecosystem. It won’t be able to meet new demands from counterparts throughout the business. As a control function—and as a strategic business advisory function—compliance could lose its stature.
The financial marketplace won’t stop changing. It’s time for compliance leaders to support their functions, so they won’t stop changing either.