Name: Addressing the Challenges Facing Banks and Investment Firms
Start: 2023-05-31T16:05:00Z
End: 2023-05-31T16:05:52.000Z
Location: BrightTALK
Rating: 0

Workiva’s mission is to power transparent reporting for a better world. We believe that consumers, employees, shareholders, and other stakeholders today expect more from business – more action, transparency, and disclosure of financial and non-financial information. We build solutions to meet that demand and streamline processes, connect data and teams, and ensure consistency – all within a controlled, secure, audit-ready cloud platform.

Workiva delivers the world’s leading cloud platform for regulatory, financial and environmental, social and governance (“ESG”) reporting. Workiva provides more than 4,300 organizations with software-as-a-service solutions to help solve some of the most complex reporting and disclosure challenges. People all over the world use our connected, cloud platform to seamlessly enable collaboration and deep integration into existing work streams to simplify their most complex reporting challenges.

With a rapidly-changing regulatory environment, a growing shortage of trained professionals, and other macro challenges, today’s internal audit, risk, and compliance professionals are faced with increasing demands to “do more with less” and to help their organizations build resilience against emerging risks. 

While auditors have leveraged elements of artificial intelligence (AI) and data analytics for years to help them tackle expanding demands, the release of several generative AI models has introduced even more opportunities for internal auditors to transform processes with technology.

Join us as we explore ways internal auditors can broaden their use of data analytics, apply AI—including gen AI—to add more value not only to their own team, but also by expanding the use of technology across the first and second lines as well. We’ll also examine the risks AI introduces, strategies for mitigating these risks, and practical examples of how audit departments are using AI.

Learning objectives: 
-Understand how internal auditors are leveraging data analytics, bots, and other forms of AI to gain efficiencies and expand coverage
-Discover how gen AI can help internal auditors enhance their understanding of risks facing their organization
-Recognize risks inherent in the use of AI, determine steps internal auditors can take to mitigate those risks, and discuss what auditors should consider as regulations around AI evolve
-Outline specific examples of how internal auditors are using AI to increase their impact on their organizations

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

Maximizing Internal Audit's Impact with AI & Analytics

Get a glimpse into the current state and future trajectory of business reporting and technology. Join Workiva and PwC for a one-hour webinar March 14, when we’ll discuss results of a new survey highlighting the role of emerging technologies, the importance of third-party assurance, evolving environmental, social, and governance (ESG) regulations, and labor challenges. 

Workiva commissioned the survey of over 800 corporate executives and 100 institutional investors across Canada, the United States of America, and Mexico to help gain insight into how executives and investors align when it comes to issues influencing business reporting, as well as investor confidence in financial and ESG disclosures. By offering informative insights on emerging trends in business reporting, this webinar is designed to help equip leaders with data so they can make better-informed decisions, develop strategic plans, and foster greater trust and transparency in data. 

In this webinar you will learn how to:
-Identify technology solutions to help you adapt to evolving business reporting requirements 
-Apply key insights from the survey to your company’s strategy for providing assured integrated reporting
-Compare your company’s regulatory readiness to those of survey respondents
-Summarize challenges related to meeting business reporting requirements in 2024

Staying Ahead of Corporate Reporting Regulations

Enhancing Internal Audit’s Impact with AI & Analytics

Explore the variety of ESG-related regulations coming into effect or on the horizon in 2024 (e.g., California Climate Disclosure Laws, CSRD, SEC) and learn from the advisory professionals supporting organizations in their preparation for compliance. Join us to learn how governance, strategy, risk management, and robust metrics help organizations comply with regulatory mandates, improve operational efficiency, identify new business opportunities, and take advantage of competitive differences.

After this event you’ll be able to:
-Understand the major ESG-related regulations
-Identify steps to prepare for compliance with ESG-related regulations
-Learn how cross-functional teams are contributing to ESG regulatory compliance

ESG Regulation: What and How to Prepare in 2024

Discover how organizations are integrating ESG into their strategy, policy, governance, and risk management. This session will explore how to engage with the C-suite, board members, and stakeholders while demonstrating value and an understanding of compliance with regulations, frameworks, and standards. Evolution requires a different level of control and assurance.

During this session, you will:
-Discover how ESG, strategy and governance interrelate 
-Analyze the various regulations, frameworks and standards that underlie ESG disclosures 
-Identify best practices in engaging the various rating and ranking providers

ESG in the C-Suite: Strategy, Policy, Governance, and Risk Management

The landscape for business reporting is rapidly changing, requiring cross-functional teams to integrate financial and non-financial information into both regulated external reporting or non-regulated internal reporting. In addition to consolidated reporting, companies with multinational operations likely have to prepare multiple versions of reports to submit to various regional bodies.

Continued digital transformation in finance allows for more automation but requires greater reporting control, especially as new technology continues to change the reporting landscape. Learn from industry professionals who will share examples of how companies are using the Workiva platform to meet the evolving demands around the world for audit-ready, integrated reporting. 
 
After this on-demand session you will be able to:
-List trends in digital transformation 
-Identify teams involved in integrated reporting
-Hear real-life examples of the benefits experienced by organizations that have taken on digital transformation projects

A CFO’s Guide to Integrated Reporting Transformation

In the coming years, banks will be looking to bolster their stress testing processes including Capital and Liquidity stress testing—especially with enhanced data analytics, AI and machine learning—to increase visibility into new and unforeseen risks, which may not have been adequately addressed with traditional models. Join speakers from Workiva and KPMG to gain new insights into ways banks can more effectively leverage these technologies and data analytics.

After this on-demand session, you will be able to:

-Explain the role that risk limits (across all risk types) play in the stress testing process
-Identify key challenges facing stress testing teams
-Apply technology and data analytics to solve current challenges
-What factors to consider when choosing the appropriate technology
-Discover how technology can provide competitive advantages

How Technology and Data Analytics Are Transforming the Stress Testing Process

See the beauty of connecting your financial reporting, ESG, governance, risk, and compliance (GRC) teams, data, and processes across the enterprise. Once you operationalize one area of your business, you’ll learn how much easier your job becomes as more teams onboard with tech that supports automation. Join us for this on-demand session to learn how to scale Workiva within your organization and discuss the efficiency and time-saving benefits that follow.

During this session, you can:

-Understand the interrelated requirements of financial and non-financial reporting with assurance
-Learn how Playa Resorts worked with PwC to utilize the Workiva platform for financial reporting, GRC, and ESG
-Explore how the Workiva platform can help increase collaboration, data sharing, accuracy and efficiency in your reporting efforts

How Playa Resorts Makes Financial Reporting, ESG and GRC Processes Work Together

Join Workiva and Verdantix for an in-depth review of the recent Verdantix Green Quadrant report focused on Environmental, Social, and Governance (ESG) and Data Management Software.

Learn how Verdantix conducted the review of 20 software vendors and identified Workiva as a leader in this space. We’ll also explore Workiva’s market-leading capabilities and how you can transform your ESG reporting strategy with Workiva’s ESG solution.

Workiva: Leader in ESG Reporting and Data Management

The Securities and Exchange Commission is closely reviewing iXBRLTM tags within disclosures. As a leader in iXBRL software and services, Workiva wants to help you be prepared. 

Join us October 25 to discover how to strategically address iXBRL quality issues with the help of panelists who will walk you through areas that have frequently raised questions. They will also provide guidance on how to avoid common oversights in the iXBRL presentation of disclosures.

After this session you will be able to:

-Analyze XBRL® data quality issues to improve your tagging
-Examine XBRL documents to look for improvement opportunities
-Create a systematic approach to updating XBRL documents

Tips to Improve XBRL Quality in SEC Disclosures

How can banks embed more effective governance, risk, and compliance practices across the three lines of defense? 

Watch this on-demand webinar as Workiva Industry Principals John Stephens and Grant Ostler join guest speaker Heather Holding of Best Egg to discuss why certain risks reappear and what actions banks can take to enhance their risk resilience against ongoing macro-economic and marketplace turbulence.

After this webinar, you will be able to:

-Identify key emerging risk areas across the three lines of defense
-Employ technology solutions with a better understanding of why finance transformation is essential for optimal risk management 
-Examine your GRC operations to ensure they’re properly aligned and braced for uncertainties ahead 
-Propose and support better risk management practices at the board level to enable more rigorous GRC functions

How to Implement Better Risk Management Practices in Banking

Tightening regulations. Headline-grabbing control failures. Sweeping new requirements associated with CSRD. The pressures on organizations to deliver assured, integrated reporting are mounting.

Choosing the right technology for these modern reporting and compliance complexities can be daunting—it’s critical to have unbiased research to aid in your evaluations.  

That’s why we commissioned Forrester Consulting to conduct an independent study of the Workiva platform and determine the potential ROI of centralizing financial reporting, audit and risk, and environmental, social, and governance (ESG).

In this on-demand webinar, we take a closer look at the 2023 Total Economic Impact™ (TEI) study results—including the three-year 204% ROI of the Workiva platform.

Workiva’s Matt Crawford, VP of Growth & Customer Marketing, and Jeff Saldutti, VP of Value Management, will sit down with guest speakers from Forrester. Join us as they walk through the details of Forrester’s research methodology for determining TEI, as well as highlights from their interviews with five Workiva customers.

After this webinar, you will be able to:

-Explain the quantified and unquantified benefits of unifying financial reporting, ESG, and audit and risk in a shared cloud environment, based on third-party research
-Contrast the before and after state of customers who successfully deployed the Workiva platform in their organizations
-Summarize the impact of data integrations, automations, and other efficiencies across financial reporting, ESG, and governance, risk, and compliance (GRC)

Results from the Forrester Total Economic Impact™ Study of the Workiva Platform

The IPO market is heating up again. If going public is one of the strategies you are considering, the time to act is now. Going public entails taking on new challenges related to accounting, financial reporting, filing registration statements, and internal controls, which require assessment and readiness work that cannot be performed overnight.  

Join speakers from Workiva and Embark in this on-demand webinar to learn how you can prepare for your IPO and invest into the right infrastructure to be ready to operate as a public company.

How to Prepare for the Progressing IPO Market

Join Workiva and Verdantix for a comprehensive review of the current state of environmental, social, and governance (ESG) reporting practices, focusing on insights derived from a survey conducted by Verdantix. The study involved in-depth interviews with 52 decision-makers from diverse roles within large organizations across the United States, Europe, and Canada.


The survey findings reveal that organizations are experiencing mounting pressure to improve their ESG reporting in light of higher investor focus and forthcoming mandatory regulations. This webinar will delve into the key takeaways from the survey, shedding light on the strategies organizations are adopting to prepare for future ESG assurance requirements.


Watch this on-demand webinar as we explore how the ESG controller is emerging as a key stakeholder in the ESG operating process. We’ll also discuss the crucial aspects of building an effective ESG reporting strategy that meets current demands and considers future assurance requirements. As companies seek to achieve ESG compliance and drive broader business value, we’ll examine the role of technology in bolstering confidence in the ESG reporting process and the latest changes to organizations’ operating models.

Achieving ESG Data Trust: Internal Optimization for Assurance Readiness

Corporate reporting teams are implementing or improving their ESG reporting processes and newly passed and proposed regulation will require the integration of climate and financial data into audit-ready, investor-grade reports. Hear from financial reporting, ESG and audit experts about unifying these three critical areas and why the sum of the whole is greater than the sum of its parts.

The Flywheel Effect of Unified ESG, Audit & Risk, and Financial Reporting

Despite the increasing regulatory requirements and limited resources, errors, inconsistencies and wasted time yielding a significant amount of risk for complex entity reporting processes, experts from Workiva and Manifest Climate will discuss key considerations when implementing a unified financial and sustainability reporting process that enables data connectivity, consistency, traceability and audit-readiness across all reporting workstreams and geographies. 

Hear from Andromeda Wood, Vice President of Regulatory Strategy at Workiva and Laura Zizzo, Co-Founder and CEO at Manifest Climate and the London Stock Exchange on transforming financial reporting data, systems and processes with reporting standards. 

During this on-demand webinar, they will share: 

- Emerging developments and challenges in integrated reporting
- Developing a reporting infrastructure to reach maximum efficiency levels of efficiency and gain global oversight
- Different approaches on improving the regulatory compliance across the organisation from shared service centres to centres of excellence
- Key strategies that industry leaders are following to bring assurance to their integrated reporting process

The Ideal State for Integrated Reporting

Join Workiva and CDP (formerly the Carbon Disclosure Project) as they discuss what's new at CDP and three hot topics for sustainability, reporting, and disclosure in 2023. Here’s a sneak peak:

-Improving stakeholder and supply chain engagement
-Opportunity and risk for organizations and stakeholders within a supply chain and due to regulators/regulations
-ESG innovation, integration and data management through technology

Hot Topics for Sustainability, Reporting, and Disclosure in 2023

What are ESG raters and rankers? Watch episode six of ESG on the Clock to hear from Mark Mellen, Industry Principal - ESG at Workiva as he provides an overview of ESG raters and rankers, their purpose, evaluations processes and how your organization can focus on the ESG ratings and rankings criteria that matter most.

What are ESG Raters & Rankers?

Various bank failures and seizures have shaken confidence in the stability of the financial system as a result of rising inflation, swelling interest rates, and a looming recession. Workiva, in partnership with the Financial Times, presents three experts who discuss actions banks and investment firms can take with the aid of technology to lessen the occurrence of another bank run.

Key talking points include:

-Macro-economic and industry challenges stoking uncertainties of the financial system and ways to address them
-Technology enablement within financial institutions and the factors that influence successful finance transformation
-The advantages cloud-based platforms offer for corporate reporting and data management

Addressing the Challenges Facing Banks and Investment Firms

Banking and Investments

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Addressing the Challenges Facing Banks and Investment Firms

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