Results for Search Submit Filter by: Advanced Filter All results Solutions Industry Typelist People Client Story Insights/Blogs Filter Search Sort by RelevanceDate Order AscDesc Blog November 16, 2018 Hamstrung by Technology: What Organizations Can Do Now to Address Technical Debt The issue of technical debt – outdated technologies at the core of an organization's IT infrastructure – is becoming increasingly urgent as new digital technologies and emerging players unburdened by legacy systems reshape the competitive landscape. The problem is especially acute in the financial services industry, where mainframe technology supports key customer interfaces, and replacing it… Blog November 19, 2018 A Guiding Principle for a Smooth Transition: Get Smart While Getting Things Done! The merger and acquisition (M&A) fairytale goes like this: “I’m going to combine these companies and achieve great economies of scale – lower costs, less complexity.” The M&A reality is more like this: “Disentangling key dependencies takes longer than expected, the best people leave at the worst time, processes don’t align to system changes in a few client-facing areas, security… Blog November 20, 2018 Next Generation Internal Auditing: Addressing Risk in the Midst of Rapid Change At the SIFMA Internal Audit Society Annual Conference earlier this month in Nashville, Protiviti sponsored a breakout session of future-minded internal auditors talking about innovation in the profession. The panel was moderated by my colleague, Protiviti Managing Director Michael Thor, and featured Michael Bidun, Executive Director in charge of internal audit innovation at Morgan Stanley;… Blog November 26, 2018 Enhancing Security Strategy for Cloud-Based Technology As part of our Cybersecurity Webinar Series last month, we presented a webinar on enhancing security strategy for cloud-based technology. Here is a summary of the topic discussed. For the full discussion, including questions from the live audience, click on this link to listen to the archived version of the webinar. State of the Industry Digital innovation is a double-edged sword: while it… Blog November 27, 2018 The Responsible Tech Firm Series Part 4: Corporate Social Responsibility Until fairly recently, companies rarely took public positions on anything but their products or services. That’s changing, particularly in the technology industry, as customers, shareholders and employees demand corporate social responsibility (CSR). Companies that want to build strong brands need to address CSR issues or face the prospect of losing investors, employees, and even the ability to… Blog December 3, 2018 2018 Finance Trends: Security, Privacy and Governance of Finance Data Are Top Concerns, for Good Reason Data security and privacy is receiving a lot of attention at the highest levels of organizations these days. Boards are asking about it, executive management is concerned about it, and a growing number of regulations are placing demand on organizations to respond and comply appropriately. We are not surprised then that finance data security and privacy ranked as the top priority for the finance… Blog December 5, 2018 U.S. Bank Regulators Encourage Innovation in the Fight Against Financial Crime In welcome news to the banking industry, the U.S. federal banking regulators (Board of Governors of the Federal Reserve, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation and the National Credit Union Administration), along with the Financial Crimes Enforcement Network (FinCEN, and collectively the Agencies) issued a joint statement on December 3, 2018,… Blog December 6, 2018 Digital Readiness, Talent Retention Top Executive Concerns in 2019, New Survey Reveals Looking to the year ahead, boards and C-suite leaders across the globe are most concerned about their company’s ability to transform its operations and infrastructure to successfully compete with organizations that are “born digital.” This is according to results from the 2019 Executive Perspectives on Top Risks survey conducted by Protiviti in collaboration with North Carolina State University… Blog May 25, 2018 Maintaining Staffing Equilibrium With a Flexible Workforce Veterans of finance and accounting recognize that as the business world moves forward, an accelerating rate of change calls for similar speed, flexibility and innovation in the finance department. Along with this imperative, the demand for a dynamic and competent workforce continues and, in many cases, becomes even more critical. Historically, accounting has been a straightforward function. Even… Blog May 31, 2018 Hong Kong Issues Its First Money Laundering and Terrorist Financing Risk Assessment Report On April 30, 2018, the Hong Kong government published its first Money Laundering and Terrorist Financing (ML/TF) Risk Assessment Report. The publication of the risk assessment precedes an expected Financial Action Task Force (FATF) mutual evaluation review of Hong Kong later this year. The assessment report concludes that Hong Kong is subject to a medium-high level of money laundering risk… Load More