As businesses increasingly rely on stored customer data, compliance and security are becoming important factors that maintain an organization’s stability and public image. Without the assistance of an appropriate solution and service provider, organizations end up spending excessive time researching about the regulatory changes, managing data security and preparing documentation for regulatory authorities. The need to stay compliant consistently has prompted enterprises to implement governance, risk and compliance solutions and services that manage the constantly changing regulatory and compliance laws.
Enterprises are in need of services and solutions providers that can support them in the cumbersome task of maintaining compliance every day. Today’s compliance technology providers are adopting technological solutions to roll out offerings that manage third party risks, promote policy management, administer hotlines, generate and monitor compliance data, and manage supply chains.
By incorporating technologies like artificial intelligence, blockchain and machine learning in compliance solutions, solutions and services vendors are offering expansive capabilities to the compliance industry. Automation, cloud computing and analytics are changing the face of compliance along with helping enterprises in reducing their costs and protecting their data. From searching massive amounts of data to proactively identifying financial and behavioral anomalies, these offerings ensure that enterprises are compliant and up-to-date with the latest industry policies and regulations.
This edition of CIO Applications Europe has compiled a list of the Top 10 Compliance Solution and Service Providers that guide enterprises in leveraging the latest technologies to tackle the obstacles associated with compliance and regulatory laws, and improve their efficiencies.
We present to you CIO Applications Europe’s “Top 10 Compliance Solution and Service Providers 2019.”