Automation of Audit and Compliance Tools

Marilyn Smith, CFCP, CRP

VP, Assoc. Chief Compliance Officer
US Corporate Compliance Office
HARRIS BANK
Chicago, Illinois

James D. Strickland, CIA, CRP

Director, Global Liaison
Investor Services Division
CITIGROUP AUDIT AND RISK REVIEW
New York, New York

With few (or no) audit or compliance departments staffed with unlimited resources, there are constant and competing pressures to be increasingly efficient while at the same time being more thorough, faster moving and having the ability to identify the next problem area before it actually becomes a problem. This session will focus on strategies to increase the use of automated tools by audit and compliance departments, such as retrievals, surveillance reports and other quantitative methods and to improve the risk focus, objectivity and value of these efforts. We will explore ways to increase the quality of the work product and delivery. Examples will be discussed that can visibly improve the ability of audit and compliance departments to meet the above priorities in creative and proactive ways, using tools and capabilities most likely already present in your department.

Click here for speaker biography - Marilyn Smith, CFCP, CRP

Click here for speaker biography - James D. Strickland, CIA, CRP

Click here for PowerPoint presentation

No other session materials are available