Risk management has a crucial role to play in keeping financial institutions on an even keel during these turbulent times. This virtual live session will focus on the potential of digital technologies for financial crime compliance and operational risk; and how financial institutions can implement these crucial levers during COVID-19 and beyond.

This live, interactive meeting is exclusively for risk and compliance managers at financial institutions. The discussion will be hosted by Celent analysts and anchored by three presentations:

• Risk and Compliance in The Wake of COVID-19: Strengthening Risk Postures with Digital Toolkits
• Top Trends in AML Technology for 2020
• Integrated Risk Management: A New Paradigm for Governance, Risk, and Compliance

Registration is free. To encourage open discussion, the meeting will not be recorded.

Registrations will be moderated due to limited virtual seats.

Agenda:

10:00 a.m. ET

Welcome and Opening Comments

Speaker: Fábio Sarrico, Celent Business Development & Client Service

10:10 a.m. ET

Risk and Compliance in The Wake of COVID-19: Strengthening Risk Postures with Digital Toolkits

The COVID-19 pandemic is affecting all areas of risk, including financial risk, operational risk, and financial crime compliance. This gives rise to a tension between the need to augment risk capabilities in this new environment with the simultaneous downward pressure on IT budgets due to the economic situation. To maintain effective risk and compliance operations amid the severe disruptions of the COVID-19 pandemic, financial institutions need to increase efficiency, introduce automation, and leverage cloud.

Speaker: Neil Katkov, Head, Celent Risk and Compliance

10:30 a.m. ET

Top Trends in AML Technology for 2020

Complex evolution in regulatory and technology environment are adding to the costs and complexities of anti-money laundering programs. COVID-19 has created new challenges for financial institutions because of heightened criminal activity and disrupted internal operations. They will need to improve automation, agility, and analytics to improve efficiency and effectiveness in AML.

Speaker: Arin Ray, Senior Analyst, Celent Risk and Compliance

10:50 a.m. ET

Integrated Risk Management: A New Paradigm for Governance, Risk, and Compliance

Integrated risk management bridges siloes to achieve a centralized, enterprise-wide view of operational risk while increasing efficiency as well as agility of response. Recent years have seen a surge in cloud-native regtechs in this fundamental area of risk management. The pandemic may be a trigger to push advances in this area forward.

Speaker: Neil Katkov Head, Celent Risk and Compliance

11:10 a.m. ET

Interactive Peer Discussion

11:30 a.m. ET

Adjourn