Welcome to Data Driven Compliance, the newest edition to the Compliance Podcast Network. In this podcast we will discuss how to use data to improve and enhance the effectiveness of your compliance program, creating greater business efficiency, all leading to more return on the investment for your compliance regime. Join host Tom Fox as he explores how data will drive your compliance program to the next level. This podcast is sponsored by Kona AI.
In our inaugural episode, I visit with Vince Walden, a forensic data analytics expert and the CEO of Kona AI, a cutting-edge compliance monitoring platform. He has a long history of consulting for white collar crime investigations and forensic data analytics. He has worked on high profile data analytical projects such as Anheuser Busch’s BrewRite platform.
Key Highlights
- Discover how data analytics can be used to fight global corruption and identify improper payments.
- Learn how data transparency and cost-effectiveness are paramount to an effective compliance program.
- Investigate how data analytics platforms can be used to keep organizations out of trouble and make the business better.
Notable Quotes
“Compliance professionals are now being looked at to help spearhead this initiative around business transparency, especially into their third parties or their employee activities, and sometimes even customers or distributors.”
“Getting companies to commit resources to it, it needs to be cost effective.”
“Data analytics is always a topic at the conferences, at the conferences on social media, et cetera. Gaining insights into transparency in your data is paramount to an effective compliance program.”
“Being able to make the business better by adding cash back onto the balance sheet and stopping improper payments or finding errors or stopping a corrupt payment before it’s paid, that’s all making the business better.”
Resources:
Connect with Vince Walden on LinkedIn
Check out Kona AI
Connect with Tom Fox on LinkedIn
