The role of compliance in safeguarding businesses
In the fight against financial crime and regulatory breaches, businesses must think beyond just initial customer onboarding. Compliance is an ongoing process that extends throughout the customer lifecycle and beyond. In a recent interview with LexisNexis, Patricia Pinto, co-founder and CEO of Imerale shared valuable insights on the role of compliance in protecting businesses and ensuring seamless operations.
Compliance as a continuous commitment
"Protecting your business is not just about the moment," Patricia emphasized. "It goes right through the customer's life cycle and even beyond." This highlights the need for companies to remain vigilant, continuously assessing and reassessing risks, ensuring that compliance measures evolve alongside regulatory changes and emerging threats.
Rather than treating compliance as a static requirement, organizations must integrate it into their daily operations. This proactive approach helps businesses make informed decisions at the right time and minimize risks effectively. By leveraging new technologies and optimizing existing processes, companies can maintain strong regulatory control without disrupting their workflows.
The human element in compliance and operational resilience
Beyond technology and regulation, the people at the heart of compliance functions play a critical role. "It’s really about their ability to adapt and reinvent themselves," Patricia noted. "Working with these people and having the opportunity to support them is a real inspiration."
This adaptability is crucial in today’s rapidly evolving regulatory landscape. Compliance officers and risk professionals must continuously refine their strategies, ensuring that their organizations remain protected against financial crime while maintaining efficiency and operational excellence.
Leveraging innovation to strengthen control functions
New technologies are reshaping the compliance landscape, making it easier for businesses to manage risk and adhere to regulations effectively. At Imerale, the mission is to support businesses not only through automation but also by enhancing their existing compliance frameworks. The goal is to demystify risk management and empower companies to take a proactive stance in safeguarding their operations.
By aligning technology with strong compliance processes and fostering a culture of adaptability, businesses can better navigate regulatory complexities while maintaining operational efficiency. As Patricia emphasized, compliance is not just about checking boxes, it’s about ensuring the long-term integrity and resilience of a company.
Imerale continues to push the boundaries of compliance and risk management, helping businesses stay ahead of regulatory challenges while reinforcing their commitment to ethical and secure operations. Through innovation and expertise, Imerale stands as a key ally in the fight against financial crime.
Discover the full interview here or read below (in French and English)!
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Français
Q: Quels aspects de votre fonction actuelle correspondent à votre engagement dans la lutte contre la criminalité?
R: P"rotéger son entreprise ce n’est pas seulement sur l’instant T, notamment avec l’onboarding client. Ça va dans tout le cycle de vie du client et même au-delà. Parce qu’avec les régulations on doit toujours continuer ce qui a été fait et ce qui va être fait. Aider les entreprises à maintenir le contrôle, à pouvoir prendre les bonnes décisions au bon moment et dérisquer au maximum.
C’est vraiment une mission qui est au quotidien de les accompagner, via les nouvelles technologies mais aussi accompagner leurs process qui sont bien en place et qu’on doit supporter."
Q: Quels sont les aspects des fonctions de contrôle qui correspondent à votre passion d’opérer pour la protection et l’amélioration des opérations au quotidien?
R: "C’est vraiment déjà leur capacité à s’adapter à se réinventer. Travailler avec ces personnes et avoir l’opportunité de les accompagner, c’est une vrai inspirations en fait."
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English
Q: What aspects of your current job correspond to your commitment to the fight against crime?
A: "Protecting your business is not just about the moment, particularly with customer onboarding. It goes right through the customer's life cycle and even beyond. Because with the regulations, we always have to continue with what has been done and what is going to be done. Helping companies maintain control so that they can make the right decisions at the right time and deristify as much as possible.
It's really a day-to-day mission to support them, using new technologies but also supporting their processes, which are already in place and which we have to support."
Q: What aspects of the control functions correspond to your passion for protecting and improving day-to-day operations?
A: "It's really already their ability to adapt and reinvent themselves. Working with these people and having the opportunity to support them is a real inspiration, in fact."