6March 2019Copyright © 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.Managing EditorSarah DawsonAaron Pierce Ann Bennis Antony MosesVisualizerBabu MushtaqMARCH - 01 - 2019RISK AND COMPLIANCE SPECIALSales*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffSarah DawsonManaging Editoreditor@cfotechoutlook.comKatherine Joneskatherine@cfotechoutlook.comEditor's NoteSmarter Risk MitigationWith the increasing complexities in business scenarios, insights necessary to drive actionable business decisions related to governance, risk, and compliance become more imperative than ever. From continued regulatory changes, to consumer complaints, to third party/vendor risk management, financial institutions of today need to be fully prepared in order to stay ahead. To increase the confidence of shareholders, bringing transparency and visibility along with streamlining risk and compliance management process will effectively increase the optimal risk returns. In fact, proper risk management is the way to increase return on investment and track internal and external issues to enhance operating performance as well as reduce the cost of compliance. In this age of constant data breaches and ransomware attacks, financial institutions will be able to provide far more security to the customer by outsourcing their risk and compliance management to the third party vendors. But financial institutions partnering with third parties to conduct business need to be completely aware of the risk associated with employing them; thus, vendor risk management will be the growing trend of 2019. Moreover, risk management providing companies are harvesting the potential of deep learning, machine learning, and artificial intelligence to decipher the market trends and predict the future positive and negative anomalies. The innovation in risk and compliance space has to keep at par with the incredible rate at which cyberattacks are evolving. As technology in the risk and compliance arena matures with vendors deploying their services through the cloud, regulatory compliance is met. Finally, financial institutions are waking up to the need to adhere to risk and compliance requirements. As a prelude to the unique possibilities that financial risk and compliance solutions have to offer, we present to you a list of companies that are at the forefront of helping organizations embrace the next-generation technologies to effectively manage and mitigate risks. Please share your thoughts with usContact Us:Phone:5510-556-2402Fax:510-894-8405Email:sales@cfotechoutlook.comeditor@cfotechoutlook.commarketing@cfotechoutlook.com March - 01 - 2019, Vol 05-02 Published by ValleyMedia, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.com Editorial StaffAva GarciaJoshua Parker Vinutha Dayanand
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