The biggest risk of all.
What a new research for audit and compliance leaders reveals:
We recently surveyed 131 audit and compliance leaders across eight European countries for their views on their work, teams, and stakeholders. With regulatory inflation and the rise of AI, all agreed that their biggest risk was standing still.
Building a complete view of enterprise risk remains the central, ongoing challenge for all the respondents. This research report revealed four major obstacles:
- Variety and volume of documents for 83% of respondents
- Manual information processing for 82% of respondents
- Limited tools and technology for 77% of respondents
- Shortage of qualified staff for 73% of respondents
Audit and compliance leaders need fresh thinking and new tools to deliver on their missions of assessing risks and complying with regulations. Without reinvention, they will struggle to avoid getting submerged in data and missing some risks.
This report also explains how a new category of AI-powered software tools, Investigation Intelligence, helps audit and compliance groups work better. This solution automates time-consuming tasks and focuses teams on truly investigative work. Read this report to learn how intelligence investigation tools will influence the future of audit and compliance and the performance of your teams.
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Information-Driven financial service organizations leverage Sinequa technology to surface actionable information across all business functions – including customer service, risk management, investment banking, regulatory compliance, and asset management - in context to provide insights, inform decisions, and elevate productivity.
What is Cognitive Search? Forrester, one of the leading analyst firms, defines Cognitive Search in a recent report as: The new generation of enterprise search that employs AI technologies such as natural language processing and machine learning to ingest, understand, organize, and query digital content from multiple data sources. Here is a shorter version, easy to memorize: Cognitive Search = Search + NLP + AI/ML.