Technology is a powerful tool. Innovations in RegTech (such as AI) have put critical information at our fingertips. How can financial institutions enjoy the benefits of this knowledge, while using it responsibly? We spoke with Mary Kopczynski, CEO and founder of 8of9 and RegAlytics. We touched on the potential impact of the Biden administration's increased focus on climate change and diversity, equity, and inclusion. Listen and learn how FI's can use RegTech to not only manage regulatory change but also spot compliance trends analyze risks and make business decisions that benefit everyone.
Hey there, my friend! You won't believe the latest episode of "The Ncast" – it's like a treasure trove of insider knowledge about compliance and risk management in the financial world. I'm your host, Guy Weismantel, and I had the privilege of chatting with Mary Kopczynski, the innovation whiz, all the way from the heart of the action – the Big Apple! Buckle up, because Mary dropped some serious knowledge bombs that you don't want to miss.
So, picture this: Mary and Stephanie Lyon, the compliance queen from Ncontracts, teamed up to unravel the mysteries of responsible technology use and innovation. It's not your average chat, my friend – they're taking us on a journey that reveals how banking regulators are throwing curveballs this year. Trust me, it's like peeking behind the curtain of government secrets!
But wait, there's more! Mary's got a knack for turning overwhelming regulatory changes into manageable steps. She's like the guru of staying in the loop and making it work for financial institutions. You'll be navigating compliance like a pro after listening to her insights – no more drowning in a sea of rules and regulations!
Oh, and let's talk artificial intelligence – the game-changer of the century. Mary's breaking down how AI is reshaping the world of regulatory change management. From spotting trends to predicting future shifts, it's like having a crystal ball for compliance.
Hold onto your hat, because there's a storm brewing between financial regulators and banks over AI. Mary spills the beans on the concerns, the clashes, and how this tech revolution is reshaping the industry. It's like a high-stakes thriller, and you'll be at the edge of your seat!
But that's not all, my friend. We're diving into the realm of diversity and climate risk. Mary spills the beans on the unexpected moves by the SEC and the Biden administration that are shaking up the game. Climate risk, diversity, and inclusion aren't just buzzwords – they're taking center stage in the financial world.
And guess what? Technology's got a role in promoting diversity too! Mary's revealing how AI can tackle biases in hiring and ensure a level playing field in financial institutions. It's like a sneak peek into the future of a more inclusive world.
Believe me, you're going to want to listen to this episode. Mary Kopczynski's insights are a goldmine of knowledge that'll leave you wanting more. So grab your headphones, hit play, and get ready to be blown away by "The Ncast." You won't regret it!