As LexisNexis Risk Solutions releases the third installment of the True Cost of Compliance report, we sit down with key financial crime and risk experts to talk about the findings.
The third report in the series, entitled “Build vs. Buy,” explores the price differentiations that can be found, and ultimately saved, when purchasing an orchestration platform compared to building one.
The report considers many different unforeseen factors, based off past experiences and past customers, along with the projected savings in the coming years as regulation looks to constant evolve.
- How are fintechs approaching financial crime and risk management? Is this approach sustainable, or does it need to change?
- What are the hidden costs of compliance? How can these impact your operational efficiency and overall revenue figures?
- Is risk orchestration the future of financial crime and risk management? What value can companies get from investing in orchestration solutions compared to developing in-house solutions.