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Leveraging Institutional Knowledge to Maximize CMS Efficiency

September 1, 2016 | Posted by Michael Berman
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maximize cms efficiency whitepaperToday’s financial institution compliance officers have built carefully customized compliance management systems (CMSs) with strong policies and procedures, yet five challenges prevent compliance officers from maximizing the efficiency of an already strong CMS:

  • evolving regulatory expectations
  • one-size-fits-all solutions
  • audit trail documentation
  • antiquated tools
  • limited staffing

These problems can be solved with solutions that allow compliance officers to leverage their expertise while maximizing efficiency. To examine the challenges facing today’s compliance officers and how these obstacles can be overcome to make compliance officers and their departments more effective, please download our most recent white paper, LEVERAGING INSTITUTIONAL KNOWLEDGE TO MAXIMIZE CMS EFFICIENCY.

 

Michael Berman

Michael Berman

Michael Berman is the founder and CEO of Ncontracts, a leading provider of risk management solutions. His extensive background in legal and regulatory matters has afforded him unique insights into solving operational risk management challenges and drives Ncontracts’ mission to efficiently and effectively manage operational risk.