Dec - Feb6As the market gets increasingly plagued with challenges of data theft, declining cybersecurity, and rising fraud, the compliance rules become tighter with each passing day. Sectors like healthcare and food are witnessing a massive multiplication in compliance standards. Such changes are bringing in a more wholesome and critical view of the market o enterprises and helping them take precautionary measures beforehand. According to recent market studies, the compliance department of financial institutions is facing a budget cut, and some are also aiming for budget reduction by heavy folds. As a result, experts are highly suggestive of compliance to execute and accelerate its strategy towards a technology-led approach.This kind of paradigm shift in the compliance industry has pushed Risk and Compliance Solution Providers to emerge with solutions to maintain the task of quality management, document and record management, and audit control. Alongside this, the industry is also introducing new models of communication channels that are using artificial intelligence (AI) and robotics for communication capture and surveillance.Given the pace of the revelation, we can expect a well-established future for the compliance and risk sector. In the wake of such trends shaping the compliance, putting together this edition has been an exciting journey for us. In this edition of Banking CIO Outlook, we present to you a list of companies that are transforming the regulatory operations in the market. This edition also blends thought leadership, from subject-matter experts with real-life stories, on what selected vendors are doing for their clients, including exclusive insights from CIOs and CXOs. We hope this edition will provide you with the right assistance in choosing the best-in-class compliance management vendors for your requirements.Let us know your thoughts!Copyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Contact Us:phone:510.402.1463Fax:510-894-8405Email:sales@bankingciooutlook.comeditor@bankingciooutlook.commarketing@bankingciooutlook.com DEC 2019 - FEB 2020, Volume 05 -73 (ISSN 2644-2418) Published by ValleyMedia, Inc. To subscribe to Banking CIO OutlookVisit www.bankingciooutlook.com Editorial StaffSalesT:510.402.1464Sebastian Jacobsebastian@bankingciooutlook.comVisualizerManaging EditorJames RobertsonBolstering the Compliance IndustryJames RobertsonManaging Editor editor@bankingciooutlook.comCarolynn WaltersJustin SmithJoseph MichaelEditorialKenneth ThomasRussell ThomasSurajit Narayan Deka*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffAsher Blake
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