On the one hand the fast evolving field of technology and on the other, risk management and compliance. How these functions are brought together and managed can create strategic advantages. The evolution of banking Looking back at banking in the 1980’s, banks were focused mostly on taking deposits and making loans provided through a branch network emphasising face to face…

What is the difference between Governance, Risk Management, and Compliance? They have become an accepted terms that describe similar related actions and procedures by an organisation. The three terms are closely related, and are increasingly integrated and aligned by business wherever it is practically possible so as to avoid conflicts, wastefulness and gaps. Organisations typically interpret the three…