In working with the 60 Bank and Credit Union customers currently using our Predict360 Compliance Platform, I have come across trends that are common with all good run Compliance Departments. The key factor which differentiates clients with a strong compliance culture versus a weak one is their understanding of specific business models used in different departments, different locations and investing the time and resources to ensure that the model incorporates a risk mitigation and management component that will outline both Inherent Risk and Residual Risk.
Six Key Elements of Corporate Compliance
