Pressure to Reduce Costs Forcing Compliance Departments to Accelerate Technology Transformation, Accenture Report Finds

NEW YORK; April 1, 2019 – With most financial institutions’ compliance departments facing budget cuts, compliance professionals should accelerate their use of new technologies, including artificial intelligence (AI) and RegTech, to empower the next generation of compliance officers and reconfigure their operating models to keep pace with evolving business growth needs, according to a new report from Accenture (NYSE: ACN).

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