Blueprint for Managing Regulatory Challenges in Highly Regulated Industries

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Presented by

Tim Carbery, CastleHill Managed Risk Solutions, SK Karanam, Wolters Kluwer and Corey Carpenter, Archer

About this talk

Managing rapidly changing regulations is a problem that many companies face, especially in highly regulated industries. Failure to comply with changes to regulations can be very costly and may result in reputational risk. Regulatory changes received from Wolters Kluwer are automatically mapped within Archer IRM and systematically applied to the business, policy, product, process, third party and regions impacted with Impact Assessments initiated according to customizable distribution workflow rules. Regulatory impacts and changes are tracked from initiation through closure within Archer You will learn: - The pace of Regulatory Change and potential impacts of upcoming regulations. - How Archer's modern integrated risk management solution enables a common understanding of risk and drives efficiency and coordination across stakeholders. - How Wolters Kluwer Regulatory Change Management Data Feed provides a consistent means to document required actions by the new or changed regulatory update. - How CastleHill’s Business Hub Risk Framework captures both direct and indirect relationships in a company to ensure that all possible impact areas are considered when identifying risk. We will examine the first steps for implementing a comprehensive Regulatory Change management program while discussing the importance of how this program will not only reduce risk but add to overall business value. Speakers: Tim Carbery, Managing Partner, CastleHill Managed Risk Solutions SK Karanam, Head Of Market Development, Wolters Kluwer Corey Carpenter, Senior Product Manager, Archer
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As true pioneers in GRC and integrated risk management (IRM) software, Archer is dedicated to helping our customers effectively and efficiently manage risk and compliance across domains, from traditional operational risk to emerging issues such as ESG. With over 20 years in the risk management industry, Archer experience and expertise drives solutions that enable our customers – including half of the Fortune 500 -- to improve strategic decision-making for the business. For more information, visit www.ArcherIRM.com & follow @Archer Integrated Risk Management on LinkedIn.