Trends in compliance: did our predictions come true? What's next?

Bill Hauserman, senior director, compliance solutions at Bureau van Dijk and Keith Furst, managing director at Data Derivatives discuss which of their predictions came true and what the future holds for compliance teams and processes. The discussion is moderated by Lynn Olsen, senior director, global marketing and events, Bureau van Dijk.

It's a good time to be in compliance, according to Data Derivatives' Keith Furst. He joins Bureau van Dijk's Bill Hauserman to look back at some of the predictions they made in a 2017 webinar "Channelling big data through RegTech—now is the time to future proof your due diligence programme" and consider new trends in risk and compliance that technology could help facilitate.

This follow-up video covers areas such as:

• how technology can reduce costs associated with due diligence and compliance
• challenges posed by unstructured data and how to improve KYC (know your customer), AML (anti-money laundering), and onboarding processes
• ways automation and machine learning can transform compliance tasks and teams
• crucial skills that compliance specialists will need to adopt in 2019 and beyond

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