The document discusses the key risk and compliance challenges faced by banks such as emerging risks and regulations, consistency and culture, execution scalability, and lack of insight. It summarizes a webinar by 360factors' CEO and VP of Sales who highlighted how their product called Predict360 combined with Tableau can help banks address these challenges. Predict360 is an ABA endorsed risk and compliance management platform that combined with Tableau's business intelligence capabilities allows for dynamic real-time data filtering and sharing of operational dashboards to improve transparency, accountability, and efficiency in risk management.

1. ABA Endorsed Solution Provider for
Risk and Compliance Management
How to Resolve Risk
and Compliance
Challenges with
Predict360 + Tableau

2. It is not surprising that risk and compliance technology focuses on fixing current
financial sector difficulties and the systematic treatment of vulnerabilities. These
concerns include rising risk and compliance management expenses, frequently
changing regulatory frameworks, reactive methods, and operational inefficiencies.

3. Recently, 360factors’ CEO Carl McCauley and Vice President of
Sales Robert Berger conducted a webinar associated with
American Bankers Association (ABA). They have highlighted some
of the banks’ most significant risk and compliance challenges and
how they can be resolved with Predict360 + Tableau.

4. • Emerging risks and regulations
• Consistency and culture
• Execution scalability
• Lack of insight
Biggest Compliance and Risk
Challenges Faced by Banks
Risk Management Process

5. How much has changed over the last several years?, How are banks
and financial service organizations operating due to the pandemic and
change in landscape? You can have the best laid plans from the annual
planning process for risk and compliance, which can change
significantly.
Emerging Risks and Regulations

6. Nobody in risk and compliance wants to be a big brother tapping on
somebody’s shoulders. You want to have that collaborative
environment; one you are a trusted advisor. You want to have an
intuitive way to work and collaborate with the rest of the organization
and offer transparency and accountability.
Consistency and Culture

7. There is not a reduction of workload that is happening, so execution
scalability is something that organizations grow, add other variables,
such as a partnership with fintech, acquisitions, or even organic
growth initiatives that’s more work for compliance to make sure to be
able to keep up with everything.
Execution Scalability

8. Risk is typically avoided as a loss avoidance mechanism similarly to
compliance rather than weighing opportunity and driving value back
into your organization. How do we add and create value? You must
have people, process, and technology in place to operate with
efficiency and effectiveness.
Lack of Insight

9. Tableau BI Reporting can show all functionality of Operational
Dashboards with an additional ability to filter data by different
dimensions dynamically in real-time. It is far easier to extract data to
digestible formats using business intelligence. It gives the user the
ability to subscribe and share dashboards easily with other users
who have Tableau Licenses.
How Predict360 + Tableau Can Help Solving the
Challenges

10. Interested to know more about Predict360 + Tableau? Watch
our webinar “Transform Your Risk and Compliance Data with
Predict360 + Tableau“, or contact us for a complementary
demo of Predict360, our American Bankers Association
(ABA) endorsed risk and compliance management platform.
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