Technologies to support compliance programs, including business processes modeling, blockchain, artificial intelligence, internet of things, and distributed ledger technologies- Tecnologías para respaldar los programas de cumplimiento, incluido el modelado de procesos comerciales, blockchain, inteligencia artificial, Internet de las cosas, tecnologías de contabilidad distribuida,

1. Digital
compliance
Daniel Medina
Hernan Huwyler

2. Business process modelling
applications support
compliance officers and
internal auditors at facilitating
the collaborative design of
workflows with embed smart
controls

3. Business process modelling
You need to provide the
average cost, time and risks
of running steps for standard
operating procedures

4. Can you tell
the business
the cost of
processing a
purchase
order?

5. Business process
modelling
is critical for
transformation
projects in
response to the
COVID19 crisis

6. Robotics is impacting
the shared service
industry allowing
organization
s to insource
processes

7. Robotics
Compliance officers need to
set new controls to set and
protect applications running
robotics to mitigate fraud and
error risks

8. Robotics
Documentation management
Due diligence and KYC
Subject access requests
Control testing
Non financial reporting

9. Computer assisted
audit techniques
support the
identification of
fraud red flags,
abnormalities and
non-compliances

10. Distributed ledger
technologies allows to
verify the performance of
payment transactions and
currency conversions
preventing fraud and tracing
assets

11. Artificial intelligence
is reducing false
positives in due
diligence processes
and anti-fraud red
flags while preventing
non-compliances

12. Internet of things requires
compliance officers to
update risks and adjust
controls to meet privacy,
legal and contractual
requirements

13. New technologies are being
offered at lower fees to
reduce the compliance
fatigue, increase the scope
of the program and saving
costs