Tag Archives: Compliance-System

Opportunities for compliance in times of the corona crisis

Tobias Bumm/ May 18, 2020/ Uncategorized

The corona virus has brought about abrupt and drastic changes in our daily lives. The crisis posed several challenges for compliance managers regarding data protection and compliance policies. However, the current situation also offers the opportunity to put existing processes to the test and to advance digitization. And thus to create an efficient compliance management system that creates space for strategic tasks in the long term.

Data Analytics in Compliance: Using Cluster Analysis for Customer Segmentation

Matthias Dennig/ July 30, 2018/ Uncategorized

False positives: A harsh truth Alongside a string of compliance developments in recent years, companies still have the same old issues to deal with. False positives are one such serial offender. To avoid missing any critical hits, compliance systems tend to strike early, triggering false alarms. Weeding out these false-positive results can take up a substantial chunk of a compliance

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Compliance International: Transliteration

Matthias Dennig/ July 30, 2018/ Uncategorized

From typo to terrorist financing? Applied linguistics in compliance When the EU imposed sanctions on the Gaddafi regime in early 2011, no one could have foreseen the ensuing problems for compliance. A lack of clear standards for the spelling of Arabic names in Roman script gave rise to dozens of variations of the Libyan leader’s name. From Muammar Qaddafi and

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