Plus: Get AI ready with an action plan, reinventing digital rights management & more No images? Click here The Latest Tech, Tools, and Updates for GRC Professionals ..................................................................................... Tech UpdateHello there It's good to see you back. Your employees want to comply with your policies, but locating and checking the relevant info is difficult and time consuming. Meanwhile, you're having a tough time with the complexity of managing potential conflicts of interest and the risk of misconduct. If that describes your organization's employee compliance challenges, then you'll like the solution we found for you today. In this issue:
See you next time, P.S. A place to find articles relevant to your industry. ..................................................................................... Featured TechSeamlessly Solve the Big Issue of Employee ComplianceMyComplianceOffice (MCO) streamlines compliance and regulatory processes for financial services firms. And while no two companies have the same regulatory requirements, all require technology that works to their specification. That's why MCO uses a modular approach. One product that got our attention is their Know Your Employee (KYE) suite. The KYE modules can be implemented individually or in combination to automate the monitoring and approval of employee compliance activities. Your employees get a simple, intuitive interface so they can fulfill their compliance obligations with a minimum of effort. The HighlightsEmployee compliance solutions include: Personal Trade Manager: automates the review of employee trades against restricted lists and business rules, and checks for potential conflicts of interest, such as insider trading, front-running and tailgating. Outside Business Activities: automate the capture and management of employee outside business activity, enabling the efficient identification, monitoring and disposition of potential conflicts of interest. Authorizations, Registrations and Licensing: easily manage the high volume of data associated with broker-dealer credential compliance while ensuring licenses and continuing education are up to date. Gifts and Hospitality: automate your global gifts and entertainment policy, set rules to deliver the policy, and control pre and post clearances activities and reports. MCO's platform provides a complete set of integrated data so you can identify problems early and mitigate risky behaviors before they escalate to critical levels. Shortcuts to what you need Find out more about Know Your Employee products. View a summary of MCO's software solutions. Schedule a demo or request a consultation. ..................................................................................... Tech Updates & Reports▶ Reinventing digital rights management Data privacy and compliance company Kiteworks has unveiled a next-generation Digital Rights Management (DRM) technology named 'SafeEDIT'. This novel tech aims to radically change how organisations circulate and share sensitive content. Original data stays within the client's controlled perimeter, ensuring enhanced information security. ▶ Poll Results: Executive expectations for 2024 According to a recent Deloitte poll, nearly one-quarter (24.7%) of respondents believe that the number and size of digital asset risks their organizations must manage will increase. See more stats. ▶ New tokenized KYC system The IOTA Foundation has teamed up with several partners to develop a novel approach to KYC that provides verification assurances without compromising privacy. The system relies on tokenization to validate identities on-chain while keeping personal information off-chain and under user control. ▶ Get AI ready An action plan for IT leaders from Gartner. ..................................................................................... Boost your ROI with performance-based lead generation. As a Planet Compliance partner, you'll increase visibility with your ideal target audience. Apply here. Promote your brand to over 70,000 subscribers. Our readers are GRC professionals and compliance tech buyers. Tap into our network by sponsoring this newsletter. Get in touch. ..................................................................................... |