AI’s ability to process large volumes of data with speed and accuracy can potentially transform regulatory compliance — but not without attendant risk and challenges. In the short term, the technology can be used to assist business leaders to understand compliance requirements easily and take apposite action, but circumventing human intelligence and our ability to think ethically and abstractly makes AI’s role in compliance controversial and complex.
Using Analytics to Gain a Competitive Edge Predictive analytics is quickly changing the way businesses effectively allocate their budgets and gain their edge over competitors. However, even companies with highly sophisticated predictive analytics programs still often run into challenges. Here are some ways to leverage your predictive analytics model by ...
Read moreImplementing Protections Against Cyberattacks Many recent cyberattacks have come through exposures in third-party systems. There is an evident need to monitor the cybersecurity of third parties, and this puts the spotlight on cyber supply chain risk management (C-SCRM). Experts from Kroll outline what companies can do to protect their systems ...
Read moreKey Findings from Dun & Bradstreet Report Brian Alster, Global Head of Supply & Compliance at Dun & Bradstreet, outlines results from the Dun & Bradstreet 2018 Compliance and Procurement Sentiment Report. With data gleaned from business leaders across compliance and procurement functions, he discusses the top concerns and challenges ...
Read moreempow’s native artificial intelligence, natural language processing and cause-and-effect analytics now ingest user and account activity logs to correlate all data source types covering all stages of the attack lifecycle BOSTON (September 25, 2018) – empow, creators of a new kind of security information and event management (SIEM) system that ...
Read moreArtificial intelligence-powered tool brings automated machine learning techniques to address pain points in risk assessment New York, London, Paris, Dubai, Pune – Synechron, Inc, the global financial services consulting and technology services provider, today announced an update on its award-winning Visual Risk Accelerator. The artificial intelligence (AI)/machine learning-enabled Accelerator is focused ...
Read moreShifting from Traditional to Digital Contract Terms By leveraging digital technology, outsourcing providers … This is a fundamental change in outsourcing that will require fundamentally different contract terms. Brad Peterson discusses the difference between traditional and digital contract terms in this video. Here, Rebecca Eisner, Daniel Masur and Brad Peterson ...
Read moreAcross a variety of industries, more and more companies are building, buying and using artificial intelligence (AI) in their technology services agreements to further their business goals. Studies forecast that by 2021, 46 percent of companies will have implemented AI and will be spending a total of $58 billion on ...
Read moreQ&A with Charles Weeden, Managing Partner at 17a-4, llc Charles Weeden is Founder and Managing Partner of e-communications compliance technology firm, 17a-4, llc. Last month, we shared a piece by Charles on how technology can be used to streamline compliance. Today, we share details on Charles’ background, as well as ...
Read moreMorrison & Foerster's Stephanie Sharron and Andy Serwin discuss the legal and ethical concerns of using AI. The impacts could be far-reaching and potentially include issues such as unlawful bias and discrimination, violations of privacy laws and uncertainty about legal liability and accountability for harms caused. with co-author Andrew Serwin ...
Read moreKey Insights and Trends from the MetricStream GRC Summit 2018 MetricStream’s 2018 Summit in Baltimore saw several hundred business executives, government leaders, GRC practitioners and industry analysts gather to talk GDPR, strategies and solutions for building better governed, more compliant organizations and more. Gaurav Kapoor, MetricStream's Chief Operating Officer, shines ...
Read moreBruce Orcutt from ABBYY shares how artificial intelligence can extract meaning from contracts in the same way as humans do, the challenges businesses face in using AI and the benefits the technology can offer. Contracts are the engine of a business; they contain critical business intelligence needed to run the ...
Read moreArtificial Intelligence Takes On Transactional Fraud In the field of fraud prediction, with transactional fraud raising every day; investors, board, management and business heads are keen to look at possibilities of detecting fraudulent transactions before they pass through the system. Machine learning algorithms bring efficiency in identifying potentially fraudulent transactions. ...
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