Society of Corporate Compliance and Ethics (SCCE) reposted this
Managing Founder at Novel Intelligence® Ltd | CFE | Minimising Risk and Improving Financial Performance with Advanced Data Analytics| Speaker
Check out my featured article, "Navigating Compliance and Risk Management in the Data Science Era," published by the Society of Corporate Compliance and Ethics (SCCE)'s CEP magazine. Link: https://lnkd.in/dckpVGK3 SCCE members earn CEUs by reading the article and answering relevant multiple-choice questions. Here are the key takeaways: ◼The growing integration of compliance and risk management necessitates enhancing traditional prevention frameworks with data science. ◼The democratization of key data science attributes (speed, scalability, improved analysis, efficiency, automation) translates to compelling business advantages. ◼Successfully initiating data-centric risk management efforts requires a combination of data literacy, resources, and a pragmatic mindset. ◼Successful data-enabled risk management frameworks start with low-hanging fruit projects—quick wins that offer value and actionable guidance for further engagement. ◼ The continuous improvement aspect of data science catalyzes the emergence of a culture of innovation and resilience within organizations. All thoughts welcome #Compliance #Risk #Frauddetection #Datascience
It was a pleasure working with you on this article, Dr. Kyriakos Christodoulides! Thanks for sharing your insights with our readers!
Great article. Tks!
Global Procurement Transformation Leader and Consultant for multinational corporations, lecturer and Co-Author of "Procurement Confidential" - the real story of how business gets done.
1wProcurement, Supply Chain and those responsible for SOX and systems integrity in A/P and A/R can benefit greatly from the application of data science in their functions.