Tag: Data Analytics

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Innovation in Compliance

Innovation in Compliance: Unpacking Healthcare Compliance with Maria Villanueva

Innovation comes in many forms, and compliance professionals must be ready for and embrace it. Join Tom Fox, the Voice of Compliance, as he visits with top innovative minds, thinkers, and creators in the award-winning Innovation in Compliance podcast. In this episode, Tom welcomes compliance aficionado Maria Villanueva to dive deeply into healthcare compliance.

In this episode, Tom and Maria discuss her diverse career trajectory from accounting to healthcare compliance and delve into the complexities of ethical selling, aggregate spending challenges, and the growing role of AI in the compliance industry. Drawing on her extensive experience, she offers valuable insights on balancing roles in compliance and HR, the impact of data analytics, and the future landscape of healthcare compliance.

Key Highlights

  • Passion for Healthcare
  • Challenges in Healthcare Compliance
  • Balancing Compliance and HR Roles
  • The Role of Data Analytics and AI in Compliance
  • Future of Healthcare Compliance

Resources:

Maria Villanueva on LinkedIn 

Tom Fox

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FCPA Survival Guide

FCPA Survival Guide: Step 5 – Data Analytics

How can you survive an FCPA enforcement action? In this special podcast series, Tom Fox and Nick Gallo lay out the Top 10 things you can do to reduce your overall fine and penalty, perhaps down to a full declination. All of the actions you can take come from recent DOJ prosecutions under the FCPA and speeches from DOJ representatives. This podcast, sponsored by Ethico, is the companion series to the book The FCPA Survival Guide: Surviving and Thriving a Foreign Corrupt Practices Act Enforcement Action. Today, we discuss the importance of data analytics as a key part of any remediation and in today’s compliance regimes.

Tom Fox and Nick Gallo are back to discuss the evolving role of data analytics in compliance, highlighting its transition from a cutting-edge tool to a best practice and soon-to-be table-stakes requirement. They review the SAP and Albemarle FCPA  enforcement actions to illustrate points where data analytics played a pivotal role in remediation efforts. They look at the foundational aspects of data analytics, paralleling personal finance management to underline its fundamental importance in both personal and professional contexts. Some of the key uses of data analytics are risk identification, response, compliance program testing, and reporting, as outlined by Andrew McBride, a recently retired chief ethics and compliance officer. They conclude by stressing the importance of data analytics in demonstrating program effectiveness and underscore the DOJ’s interest in data-driven evidence of compliance program remediation.

Key Highlights and Issues

  • The Evolution and Importance of Data Analytics
  • Understanding Data Analytics Through Everyday Examples
  • Practical Approaches to Implementing Data Analytics
  • The Role of Data Analytics in Compliance Program Testing and Reporting
  • Personalizing Data Analytics for Program Effectiveness

Resources:

Nick Gallo on LinkedIn

Ethico

The FCPA Survival Guide: Surviving and Thriving a Foreign Corrupt Practices Act Enforcement Action

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Compliance Tip of the Day

Compliance Tip of the Day: Data Driven Compliance and Hybrid Work

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements.

Whether you’re a seasoned compliance professional or just starting your journey, our aim is to provide you with bite-sized, actionable tips to help you stay on top of your compliance game.

Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law.

Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

In today’s episode, we consider the need for new or additional analytics in the post-Covid era of hybrid work.

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Compliance Tip of the Day

Compliance Tip of the Day: Converged Continuous Compliance

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements.

Whether you’re a seasoned compliance professional or just starting your journey, our aim is to provide you with bite-sized, actionable tips to help you stay on top of your compliance game.

Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law.

Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

In today’s episode, we explore how converged continuous compliance can reunite compliance, security, and risk management, emphasizing data governance oversight and advocating for automation.

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Adventures in Compliance

Adventures in Compliance: Compliance Lessons from The Second Stain, Part 2

Welcome to a review of all the Sherlock Holmes stories that are collected in the work “The Return of Sherlock Holmes.”

It is a collection of thirteen detective stories written by Sir Arthur Conan Doyle, marking the reappearance of the brilliant detective Sherlock Holmes after his apparent death in “The Final Problem.” The collection spans various intriguing cases and mysteries that Holmes and his loyal friend Dr. John Watson tackle.

Today we conclude our exploration of the third group of short stories found in The Return of Sherlock Holmes with the second of a two-part look at the final story in this series, The Adventure of the Second Stain.

In the third season of Adventures in Compliance, the podcast reviews Sir Arthur Conan Doyle’s detective stories from ‘The Return of Sherlock Holmes.’ The season, sponsored by Ethico, delves into investigative lessons from Sherlock Holmes’ methods, including thoroughness, critical thinking, attention to detail, persistence, information gathering, and analytical skills.

The current episode analyzes ‘The Adventure of the Second Stain,‘ where Holmes retrieves a potentially catastrophic government document. Key topics include Holmes’ investigative techniques and the application of data analytics in compliance.

Key Highlights:

  • Overview of ‘The Second Stain’
  • Investigative Lessons from ‘The Second Stain’
  • Data Analytics in Compliance
  • Pattern Recognition in Investigations

 Resources:

The New Annotated Sherlock Holmes

Sherlock Holmes FAQ

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For more information on Ethico and a free White Paper on top compliance issues in 2024, click here.

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Compliance Tip of the Day

Compliance Tip of the Day: The Importance of Data Governance

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements.

Whether you’re a seasoned compliance professional or just starting your journey, our aim is to provide you with bite-sized, actionable tips to help you stay on top of your compliance game.

Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law.

Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

In today’s episode, why is data governance the key factor that impacts the importance of compliance, data governance, and cybersecurity in business?

 

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Compliance Tip of the Day

Compliance Tip of the Day: The Impact of Data Privacy

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements.

Whether you’re a seasoned compliance professional or just starting your journey, our aim is to provide you with bite-sized, actionable tips to help you stay on top of your compliance game.

Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law.

Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

In today’s episode, we explore the importance of privacy in data-driven compliance and the challenges and tradeoffs involved in implementing effective compliance strategies.

 

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Compliance Tip of the Day

Compliance Tip of the Day: Enhancing Compliance Through Automation

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements.

Whether you’re a seasoned compliance professional or just starting your journey, our aim is to provide you with bite-sized, actionable tips to help you stay on top of your compliance game.

Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law.

Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

In today’s episode, we explore how, by using data-driven solutions, CCOs and compliance professionals can automate compliance programs.

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Compliance Tip of the Day

Compliance Tip of the Day: The Democratization of Data

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements.

Whether you’re a seasoned compliance professional or just starting your journey, our aim is to provide you with bite-sized, actionable tips to help you stay on top of your compliance game.

Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law.

Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

In today’s episode, we look at why the goal of every compliance function is to eliminate data silos and enable easy data access and analysis.

 

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Compliance Tip of the Day

Compliance Tip of the Day: Data Analytics and Compliance Decisions

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements.

Whether you’re a seasoned compliance professional or just starting your journey, our aim is to provide you with bite-sized, actionable tips to help you stay on top of your compliance game.

Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law.

Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

In today’s episode, we consider how and why data analytics allows a compliance function to analyze data and uncover patterns that may not be apparent to the human eye.

 

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.