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As regulatory hurdles continue to proliferate, and the world becomes increasingly digitized, who will you choose to partner with? The process of selecting a RegTech provider should include an in-depth assessment of your institution’s needs and the fit, scalability, and engagement potential of your partner. Finally, your cost-benefit analysis should also include the engagement fees in conjunction with internal costs and the effects of potential non-compliance.
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Strengthen your compliance culture by plugging the gaps in your policies and procedures and putting into place reviewing and monitoring mechanisms. Conduct compliance training with the intent of curbing non-compliance. A unified information governance infrastructure will enable you to achieve policy integration and process transparency across your records management life cycle. Read more in our blog: https://lnkd.in/dhraSfMZ
#booksandrecords#recordsmanagement#compliance#regulatorycompliance#informationgovernance#complianceculture
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