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“For tracking litigation, enforcement, and regulatory developments, Compliance Week
should be your prime source.”- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Survey Report: The digital transformation of compliance
Provided by 
NAVEX2024-05-02T01:46:00
A new survey conducted by Compliance Week and NAVEX on compliance team access to data and the use of artificial intelligence (AI) to analyze it found many compliance professionals lack full and transparent access to their firm’s data.
The survey also indicated compliance teams lack the confidence to use data analytics tools on what they perceive as partial data and are apprehensive about applying AI tools to compliance tasks.
This report will address:
- Common problems compliance teams face regarding access to data
- Compliance teams’ roles in AI decision-making
- Where compliance teams identify opportunities for AI support—and how they are preparing to maximize use of the technology
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