Are you struggling to keep up with the ever-changing compliance programs in your business? Look no further than the award-winning Data Driven Compliance podcast, hosted by Tom Fox, featuring an in-depth conversation around the uses of data and data analytics in compliance programs. Data Driven Compliance is back with another exciting episode. The intersection of law, compliance, and data is becoming increasingly important in cross-border transactions, mergers, and acquisitions.
In this episode, Tom welcomes Jakub Ficner, Director of Partnership Development at Case IQ. We discuss how to unlock data through investigations and monitoring. With the Department of Justice’s 2023 Evaluation of Corporate Compliance Programs emphasizing the importance of assessing and monitoring risks, Investigative Monitoring is an invaluable protocol for companies to demonstrate their commitment to compliance. This protocol involves collecting data from an investigation to identify anomalies and assess risks, allowing companies to create a culture of compliance and meet the Department of Justice’s requirements.
This structured process allows data analysis and root cause analysis to understand a topic better. Continuous improvement is essential for any compliance program, and Investigative Monitoring provides a way to collect data and ensure fair and consistent outcomes, as well as focus on time and resources. Conversations between two parties are important for gaining insight into a topic, making Investigative Monitoring an essential tool for any company.
Key Highlights:
- Investigative Monitoring
- Investigating Anomalies
- Continuous Improvement
- The Process
Resources:
Jakub Ficner on LinkedIn
Tom Fox
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