Dealing with legislation and regulations is a complex matter for financial service providers. They have to deal with local and global guidelines that do not allow for errors. These so-called Governance, Risk and Compliance (GRC) processes can be automated so that the risk decreases and less time is spent on optimising the processes. It could reduce audit costs by 80 percent. In the ServiceNow whitepaper below, the IT supplier discusses how your company can achieve such cost savings.
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How financial institutions can save 80 percent in costs with automation
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