Product change, regulatory change, technology change and even environmental change - for complex financial organizations, change is the only constant.
With a reputation wrought with burnout and high stress levels, it’s no surprise that the financial sector doesn’t have the best track record when it comes to employee engagement.
Cyber security for financial institutions is always a big focus, but the landscape grows even more challenging as the sector continues to evolve.
In 1994, Bill Gates said that “Banking is necessary, banks are not.” Twenty years later, time has proved him right.
Banks and insurance companies are complex organizations where change is constant. Product change, regulatory change, technology change. Managing compliance risk in this environment is difficult.