Adrian Pay, Director at Dynamic-GRC and a Chartered Accountant, with over twenty years of experience in compliance, strategy, and data-driven innovation is sharing key moments from his journey that highlight what makes an effective compliance professional. Adrian discusses how technology, including Artificial Intelligence (AI), can support compliance programs. He explains how tools like Risk Scoring, Benchmarking, and interactive visualisations help financial institutions assess Anti-Money Laundering (AML) controls and compliance IT systems.
“What are the four key lessons on demonstrating an effective compliance program?”
Ownership Increases Ethics
“When management and employees hold a stake — whether through capital or otherwise — it leads to a stronger commitment to ethical behaviour.”
Effective Training Drives Compliance
“Continuous and engaging training ensures that compliance is not just a checkbox but a core part of the organisational culture.”
Data-Driven Decisions Enhance Compliance
“Leveraging data analytics allows for proactive identification of potential risks and more informed decision-making.”
Technology as an Enabler
“Integrating advanced technologies streamlines compliance processes and improves overall efficiency.”
For those interested in learning more, watch the interview with Adrian and the president of EICE, Andrijana Bergant here: https://www.youtube.com/watch?v=OXsXEWGPjRk
