Common Challenges and Outlook for a Financial Services Business
The financial services market has seen unprecedented changes over the last several years. The standard shift for most institutions is the exponentially increased focus on risk management. Gone are the days of marginalizing the challenges organizations face. Increased global regulation is the new mantra, and like never before, the penalties for not being compliant can have devastating effects on the viability of the financial business. The real challenge, however, is managing the risk without losing the core business focus. It’s hard to address the alphabet soup of regulations that any organization will face and make sure GLBA and PCI compliance requirements, for example, are met.
How can we help?
Risk management executives need to be proactive. They need to understand how organizational, process, and technology components can properly combine to enhance risk management. As a program continues to grow, ADi can help you to not only address PCI and GLBA Compliance standards, but also go beyond compliance and become secure. We have worked with numerous banks, insurance companies, and asset management institutions to ensure the tactical and strategic risk objectives of the organization are addressed.
Applicable Regulations / Standards / Framework