RegTech For Regulatory Change

Leading experts from the cyber community will come together to discuss how digital security, risk and oversight models will be transformed as a result of the COVID-19 pandemic.

CUBE, in collaboration with the Canadian Regulatory Technology Association (CRTA) hosts this cross-industry roundtable to consider the implications of current cyber strategies and the challenges firms will face when trying to steer through turbulent times into the ‘new normal’.

The roundtable follows our Future Ready blog series, which covered a host of cyber strategies – from the human element, to third party risk and security.

The panellists:

AJ Khan – CEO CyberStratagiez

AJ Khan is the CEO of CyberStrategiez Inc., an entity focused on providing a broad array of Cyber services through its various subsidiaries and partnerships. AJ has over 20 years of experience in Governance, Risk & Compliance, and 13 years of experience in Cybersecurity Innovation and Emerging Technologies.

Dr Jacqui Taylor – CEO Flying Binary

One of the 100 most powerful UK entrepreneurs, awarded an Honorary Doctorate of Science in recognition of her international web science work. One of the 250 Founders of Tech City, in December 2016 she pivoted her company FlyingBinary to meet the challenge of Brexit and the Industrial Internet of Things with spectacular results. She was recognised as one of the 100 Global Leaders in 2019, Top Ten Global IoT innovators, and is an independent industry analyst for IoT.

Vignesh Krishnamoorthy – Senior Manager, Cyber Risk Services, Deloitte

A cyber security thought leader with global experience focused on helping clients solve their business challenges. During his tenure at Deloitte, Vignesh has taken a lead role in Deloitte’s Cyber Security offering to assist clients with becoming secure, vigilant and resilient by identifying business and technology risks, recommending and implementing compensating controls, and developing risk management processes.

Following on from the successful launch of our Burnmark report. We’re hosting this webinar with our expert contributors : Devie Mohan CEO of Burnmark, Elliot Burgess, Head of RegAI CUBE, Colin Ware, Regulatory Product Manager at BNY Mellon, and Paul Childerhose, strategic advisor to Prodago and the Canadian RegTech Association.

The Burnmark report is a fascinating insight into the world of RegTech and touches on topics which, for a long time, have been a priority for much of the industry: the challenges of consistent regulatory change, the benefits of automating change processes, and a look into how artificial intelligence and regulatory intelligence are playing a part in transforming the landscape of change management. If you haven’t already, we’d highly recommend you giving it a read.

Make sure you register your place and join us in the discussion!

Information Governance has become increasingly complex in recent years; driven by ever-changing regulation, technological innovation and more stringent customer expectation. As the industry advances, outdated manual processes are put to the test.

CUBE will be sitting down with Matthew Bernstein and Lynn Molfetta of MC Bernstein Data, as well as our very own Head of Customer Success, Lee Fairey, to discuss the growing significance of Regulatory Intelligence within Information Governance.

Following our recent blog series, ‘InfoGov Insights’, this fireside chat will explore how Regulatory Intelligence is essential to successful outcomes within three key areas of Information Governance: operational effectiveness, data privacy and defensible disposal.

Featuring:

Matthew Bernstein led information management practices in various global financial services businesses at Deutsche Bank for more than 20 years, and now leads his own firm. His last position before starting MC Bernstein Data was head of Deutsche Bank’s Group Information and Records Management function, with global responsibility for Records Management, Archiving, and eDiscovery Operations.

Lynn Molfetta has more than 20 years of experience across multiple business disciplines, leading global transformation projects and operating functions. She has led process development and restructuring, global rollout of IT solutions, and operationalization of Information Governance programs. Over the course of her career, she has been the Global Head of Records Management at Deutsche Bank and Citibank, and COO/Chief of Staff for the General Counsel of American Express.

Lee Fairey has more than 15 years of first-hand experience managing information and technology risk at a variety of financial institutions, including RBS, BNY Mellon and Citi. Lee’s specialist expertise includes the application of RegTech to capture regulatory intelligence and manage regulatory change for information governance.

In an era when many business activities happen online – and when most people have a digital footprint – privacy laws are inevitable. After the widely known GDPR came into effect, many other countries and regions are continuing to establish privacy laws of their own. CCPA in California is one of them.

Join us as we discuss the new CCPA regulation and the impact this has.

With threats on the rise and an ever-growing patchwork of legislative requirements to manage, it's never been more challenging for multi-national firms to manage cyber-related risk. In fact, the average cost of cybercrime for financial institutions has jumped by $1.4 million over the past year to reach $13m.

Join this CUBE 45-minute webcast with leading Cybersecurity expert Dr Jacqui Taylor and regulatory change expert David Noble as we cover the following hot topics:

- The volume, velocity and variety of cybersecurity regulation
- Regulatory change challenges faced by financial institutions, where manual regulatory processes are managed across multiple jurisdictions
- The high cost and risk associated with non-compliance
- New approaches based on evidence for cybersecurity
- Is RegTech is the way forward to managing regulatory change?
- Embracing the internet of things as we transition to the Empathy Economy

For more information on automating regulatory change, visit www.cube.global/solution

It's never been more challenging for multi-national firms to manage cyber-related risk. In fact, the average cost of cyber crime for financial institutions has jumped by $1.4 million to $13m.

Global financial services firms are struggling to keep up with the sheer volume, velocity and variety of regulatory change.

Join this 10-minute webcast with leading cybersecurity expert Breana Patel and regulatory technology expert Rob Fulcher, who will answer these burning questions:-

-What challenges exist for compliance trying to keep up with cyber regulations, an area that's so fast moving?
 
-How will the management of regulatory change around cybersecurity evolving? 

-Is cybersecurity as unique, compared with other fast moving regulatory topics? 

How to solve the top 3 information governance challenges for financial services

Information governance got way more challenging in recent years. Escalating volumes of financial services regulation, and complexities linked to the intersecting worlds of records, data, privacy and security, have put age-old manual processes and outdated systems to the test. The frequency and severity of enforcement fines proves that many financial institutions are failing to deliver on compliance.

Join this 30-minute review, with information governance specialists Lynn Molfetta and Lee Fairey, to learn how to solve today’s top three challenges:

1.Navigating the regulatory landscape
2.Setting the right policy and controls
3.Distributing and implementing policy and controls enterprise-wide, to ensure compliance

Featuring:
Lynn Molfetta. An experienced financial services information governance specialist, Lynn has been responsible for global records management at American Express, Citi and Deutsche Bank, in a career spanning more than 30 years. With a focus on enforcing compliance and reducing legal and regulatory risk, Lynn has specialist expertise in IT Strategy, Management, Corporate Governance, Risk Management, and Business Development.

Lee Fairey. Prior to his current role as Head of Customer Success at CUBE, Lee gained 15 years first-hand experience managing information and technology risk at a variety of financial institutions, including RBS, Barclays, BNY Mellon, BNP Paribas and Citi. Lee’s specialist expertise includes the application of regulatory technology (RegTech) to capture regulatory intelligence and manage regulatory change for information governance.

Since the financial markets collapse of 2008, the financial services sector has been engulfed in new rules and regulations. Compliance teams must track regulatory data, and assess the impact of every regulatory requirement, to avoid breaches and punitive enforcement fines.

With 45 new regulatory documents to deal with every week, and more than 53,000 regulatory updates issued every year, manual approaches to monitoring regulatory intelligence and managing regulatory change are putting financial services businesses at risk.

Artificial intelligence (AI) allows you to marry human expertise with the almost limitless ability of technology to consume and analyze huge amounts of data, automate manual processes and reduce complexity. In doing so, financial institutions can leverage AI to respond to regulatory change more efficiently and effectively.


Join regulatory change expert, and Head of Product Management at CUBE Elliot Burgess to learn

Why AI is the only answer to addressing big data compliance challenges, at scale
What elements of AI are driving value for Risk and Compliance teams (e.g. Machine Learning, Natural Language Processing, Robotic Process Automation)
How regulated financial institutions are utilizing AI today to ease and accelerate regulatory change processes

NOTE: The audio during the first five minutes of this webcast is audible but slightly distorted. Apologies for any inconvenience.

Cybercrime is rising rapidly, takes more time to resolve and costs the financial services industry US$18 billion annually. The average cost of cybercrime for financial institutions increased US$1.4 million to US$13.0 million in the past year, according to a recent Accenture report.

The financial toll is set to escalate even further, with Germany’s stringent new regulation looming large on the horizon, which imposes GDPR-like fines for non-compliance.

Join this 10-minute chat with leading cybersecurity lawyer Dr Alexander Duisberg and regulatory technology expert David Noble, who will answer these burning questions:

- How are financial services institutions coping with the growing number and complexity of global cybersecurity regulations?

- Are banks ready for the new German cybersecurity legislation, and is it likely to have broader impact across Europe – or indeed the rest of the world?

- What should you be doing to monitor regulatory change more effectively and assess its impact on your business?

For more information on automating regulatory change, visit www.cube.global/solution

The second webcast in our RegTech in 10 series explains how regulatory complexity is impacting global financial institutions. How are these firms responding, and what are their key priorities around data and information governance?

Devie Mohan surveyed Barclays, Deutsche Bank, BNP Paribas, Standard Life, Raiffeisen, FreddieMac, Aviva, Aberdeen, Danske Bank and Scotiabank. Hear what they had to say in this 10-minute snippet from the RegTech for Information Governance webinar.

We’re excited to be launching our new bitesize webcast series RegTech in 10, and what better way to kick off than with Deutsche Bank’s Global Head of Record Keeping, Lynn Molfetta?

In this 10-minute snippet from the RegTech for Information Governance webinar, Lynn talks about the vital steps that global financial institutions are taking to ensure the right policies and controls are in place, to safeguard compliance of information assets.

Listen our webinar to learn which elements of AI are driving value for risk and compliance (i.e. ML, NLP, RPA).

-Learn about AI in practice
-How regulated financial institutions are utilizing AI today,
-Why AI is the only answer to addressing big data compliance challenges, at scale.
-We will also go over what happened when RegTech met SupTech – how are regulators are applying AI to ease and accelerate compliance processes.

If you are feeling challenged by regulatory change, you are not alone. Everyone involved in information governance, at every stage of the information lifecycle, is feeling the effects – from Records Management and the Data Office through to Legal and Compliance. Heightened focus on data protection has created a collision of worlds – new intersections between data, records, privacy and security, requiring superhero experience, skill and agility to solve.

•How have changes in data privacy and protection disrupted information governance?
•How are financial institutions ensuring compliance, faced with extensive regulatory change?
•Which technologies are best suited to managing regulatory change?

We have assembled a team of superheroes to debate how to tackle these challenges, and offer tips to help you combat compliance.

Meet the superhero panel
Devie Mohan, Co-Founder and CEO, Burnmark
Lynn Molfetta, Global Head of Records Management, Deutsche Bank
Matthew Bernstein, Information Management Strategist, MC Bernstein Data
Ben Richmond, Founder and CEO, CUBE

Exclusive Research Report Access!
Register now to get your pre-launch copy of Burnmark’s latest research report ‘RegTech for Information Governance’, direct to your in-box immediately following the webinar.

If you are a Chief Data Officer, Head of Information Governance, Head of Records Management or a Chief Compliance Officer, register now to discover if your information governance is standing up to regulatory change.

This 30-minute webinar explores practical examples of how Artificial Intelligence (AI) and Machine Learning (ML) is leveraged to drive regulatory change strategies based on our experience of bringing together customer best practice and the latest technology.

What will you learn?

- The key factors that need to be taken into consideration to build an effective RegChange strategy?
- How AI and ML drive insight to support a RegChange strategy?
- How to establishing RegChange as a BAU process

Find out how RegTech can transform the world of compliance and regulatory change!

Join us on a journey to explore a case study of a global financial institution leveraging Artificial Intelligence (AI) to support their regulatory change initiatives and the lessons they learnt along the way.

This session, hosted by CUBE's Founder & CEO, is designed to help those involved in managing the complex world of regulatory change within financial institutions.