Covid-19 accelerated change across the finance industry, as employees worked from home, and their clients
and consumers did the same. The focus on digital finance has reached every corner of the finance industry, with consulting firm KPMG finding that 81% of hedge funds are now investing in their digital capabilities too.
All these changes have precipitated an intense focus on compliance, as firms adapt to a new operating environment while ensuring they keep abreast of increasingly tough regulations. Particularly for Canadian firms as a wave of incoming regulatory initiatives are set to strengthen Canada’s financial system, as supervisors move the market toward a model anchored by artificial intelligence and machine learning.
Join The Economist Events for Radical Transparency: Managing risk in a new finance era, a new virtual event, to
- How the nature of financial compliance risks is evolving
- How technology can create efficiencies but also uncover new challenges What financial leaders must do now to stay ahead of the curve
Sign up to hear how leading financial firms like Bridgewater Associate and BNP Paribas are adapting to financial compliance risks in a rapidly changing industry.