Innovation In Compliance With Tom Fox

Compliance Technology As A Value Center with Brandon Daniels

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Synopsis

Brandon Daniels, President of Global Technology Markets at Exiger, joins Tom Fox for this week’s episode of Innovation In Compliance, to chat about how technology is leading the compliance discussion. Exiger develops technology solutions in the compliance space. Third Party Risk Management Tom notes that the market has recognized the need for more robust management of third party risk. Brandon agrees that more people are recognizing that third party risk can define their organizations. Revised federal guidelines underscore the importance of embedding third party risk management into organizations. This isn’t a peripheral risk, Brandon points out. It’s the kind of risk that can destroy shareholder value, cause significant fines, and consume your brand. Tom adds that third party risk has always been the highest risk for a government intervention in terms of a violation.  Education Is A Key First Step The e-discovery industry is an example of how technology can become central to a company’s function. Twenty ye