Regulatory Change Management
Effectively Managing Regulatory Change in Financial Services
Financial services organizations are under increasing pressure to be agile in a dynamic environment that has constantly expanding regulatory requirements. In the past five years the number of regulatory changes impacting financial services organizations has tripled while staff and process have not changed. Lacking an integrated view of regulatory change management results in scattered approaches that behave like leaves blowing in the wind. The amount of regulatory change impacting financial services requires a new paradigm for tackling regulatory change. No longer can organizations afford to focus on silos of regulatory change management with disconnected information. An integrated GRC strategy addressing regulatory change through common processes, regulatory change data feeds, and a supporting information and technology architecture is required for financial services organizations to remain agile in a dynamic business and regulatory environment.
- Tsunami of Change Overwhelms Financial Services Organizations
- Regulatory Change Overwhelming the Financial Services Organization
- Broken Process and Insufficient Resources to Manage Regulatory Change
- Defining a Regulatory Change Management Process
- Elements of a Regulatory Change Management Process
- Value and Benefits of a Regulatory Change Process
- GRC Architecture to Manage Regulatory Change
- Regulatory Change Management Architecture Goals
- Regulatory Change Management Architecture Considerations
- Regulatory Change Management Architecture Capabilities
- GRC 20/20’s Regulatory Change Management Maturity Model
- Level 1 – Ad Hoc
- Level 2 – Fragmented
- Level 3 – Managed
- Level 4 – Integrated
- Level 5 – Agile
- GRC 20/20’s Final Perspective
- About GRC 20/20 Research, LLC
- Research Methodology
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