Data Driven Compliance, hosted by Tom Fox, is a podcast featuring an in-depth conversation about the uses of data and data analytics in compliance programs. In this episode, host Tom Fox visits with Anil Karmel, co-founder of RegScale. They delve into the issue of compliance at scale. They discuss the concept of DevOps and how it can be applied to compliance through a discipline called “RegOps.” It emphasizes automating compliance to create a near-real-time process while providing a good user experience.
As a co-founder of RegScale, Karmel discusses their journey of cultural transformation in compliance, creating an API-centric platform to provide real-time evidence and automated reporting for compliance gaps. We highlight the need for a philosophical change in compliance and discuss the evolving regulatory and business landscape. Don’t miss out on this insightful podcast episode!
Key Highlights
· Scalable Compliance Solutions
· Reg Ops: Applying DevOps to Compliance
· Streamlining Compliance Reporting with Real-time Information
· RegScale: Solving Compliance Challenges for Enterprises
· Modernizing Compliance through Regulatory Operations Approach
Notable Quotes
“Realize this manual paper-based process of trying to demonstrate regulatory compliance is just not something that can be scaled manually.”
“It needs to be easier for the producer and consumer to produce and consume the content.”
“You can present the status of your compliance program, where your gaps are in near real-time, where the associated risks are, and the cost to remediate.”
“Unless there is this transformation of how we do our jobs by leveraging a regulatory operations approach to leverage the best of the machine and the best of the human, we’re already behind the eight ball.”
Resources
Anil Karmel on LinkedIn
Tom Fox
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