Join Stephen Platt, CEO and Founder of KYC360 and original Founder of the International Compliance Association, and Tom Devlin CCO at KYC360, to hear the key lessons financial institutions can learn from F1 to improve risk management and outperform.
In Formula One, there is no inherent contradiction between safety and speed. The way that they make drivers safer actually helps them to make the cars go faster and from this they have created a virtuous circle.
At KYC360, we believe that the same can also be true for our customers in the world of financial services.
In this exclusive podcast Stephen Platt, and Tom Devlin, will provide insights into the key lessons that banks can learn from the world of Formula 1. By adopting a similar data-driven approach, banks can enhance decision-making, improve operational resilience and remediate customer data efficiently.
In this podcast, you’ll learn:
- An analysis of the critical factors contributing to compliance failures and enforcement actions in the banking industry
- Why effective KYC remediation is non-negotiable and how to streamline it with RegTech solutions
- Actionable strategies to apply Formula 1's data-driven approach to risk management
- Why leveraging human expertise together with new technologies is essential for risk management
Listen to the podcast now.
Recorded: 10th December 2024