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All issuesVolume 322, Issue 3IT NewsCompliance

Top 6 Compliance Management Tools For Financial Services

Security Boulevard, Monday, January 13th, 2025

The financial services industry is arguably one of the most highly regulated sectors worldwide.

This is due to the sensitivity of the data handled, the potential for widespread economic disruption, and the industry's central role in global financial stability. Over the last decade, financial firms have been mandated to adopt new compliance frameworks at an unprecedented rate, partly due to the sector's digital transformation and rising concerns around cybersecurity and consumer protection. The digitization of finance has also brought a growing overlap between data privacy laws and financial regulations.

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