Regulatory Compliance

Regulatory compliance from a technology standpoint involves adhering to laws, regulations, and industry standards related to the use, management, and protection of technology systems and data. It requires implementing controls, policies, and procedures to ensure data privacy, security, and integrity, while also addressing specific regulatory requirements such as GDPR, DORA, HIPAA, or PCI DSS.

Failing to meet regulatory requirements can result in significant financial penalties, legal consequences, and reputational damage. This is where working with us to assess and improve your organization's regulatory compliance can prove invaluable. Here are some key benefits we can deliver:

  • Expertise and objectivity: We specialize in regulatory compliance and have a deep understanding of the latest laws, regulations, and industry best practices. Our expertise and objective perspective allow us to identify potential compliance gaps and provide unbiased recommendations for improvement.
  • Customized solutions: Every organization faces unique compliance challenges based on its industry, size, and geographic location. As an independent consultancy, we can develop tailored compliance strategies that address your specific needs, ensuring that your resources are allocated efficiently and effectively.
  • Time and cost savings: Navigating the complexities of regulatory compliance can be time-consuming and costly, especially for organizations with limited in-house expertise. By outsourcing compliance assessment and improvement to us, you can save valuable time and resources while ensuring that your compliance program is up to date and effective.
  • Risk mitigation: A proactive approach to regulatory compliance helps minimize the risk of legal and financial penalties, as well as reputational damage. We'll help you identify and mitigate compliance risks before they escalate into costly problems.
  • Continuous improvement: Regulatory requirements are constantly evolving, and organizations must adapt their compliance programs accordingly. Our implementation approach focuses on building sustainable capabilities to ensure that your compliance program remains effective and aligned with the latest regulatory changes.

You can trust our team to use their expertise, objectivity, and fresh perspective to help you identify regulatory compliance gaps and build effective, sustainable systems and processes to manage risk. A unique component of our approach to regulatory compliance is our passionate focus on improving compliance without the layers of costly overhead that can commonly result in compliance programs and the resulting remediation efforts.

Regulatory Compliance

As regulatory environments become more complex, more organizations are turning to technology as a solution

A survey by Compliance Week revealed that 63% of compliance professionals believe regulatory reporting requirements have become more stringent over the past five years, underscoring the importance of accurate and timely reporting to regulatory authorities.

94%

CEOs expecting an increase in regulations relating to data privacy and cybersecurity

World Economic Forum
19%

Internal fraud examinations triggered by regulatory investigation results

Association of Certified Fraud Examiners
$127bn

Global spending on regulatory technology (RegTech) in 2023 in response to increasingly complex regulatory environments

Gartner
63%

Organizations planning to increase investment in compliance technology in order to automate compliance processes

Deloitte