A Combined People, Process and Technology Approach to Contracts, Compliance & Commercial Services is Essential in 2021
By Jeff Catanzaro, EVP and Business Head of Contracts, Compliance and Commercial Services at Integreon
Interest in Managed Services Grows
Leveraging Artificial Intelligence Technology
Technology continues to play an essential role in Integreon’s client service delivery. We carefully cultivate relationships with technology solution providers to build necessary structure and automation for our services. The right technology helps us accomplish our work quickly and accurately and we are excited to be working with technology partners bringing true innovation to the market.
Increasing Compliance Creates Pressure and Risk
LIBOR and IM5 Both Sunset in 2021
US Data Privacy Laws – California was First, Who’s Next?
Compliance Issues in Europe
GDPR: Even though GDPR came into force in 2018, it still is a major issue for corporations doing business in the EU. According to the Integreon Report, 38% of corporations are still not fully compliant with GDPR. Our GDPR readiness team is assisting corporations which are still tackling its compliance requirements.
Brexit: Brexit has just happened, and no one is sure what will be forthcoming from a compliance regulatory perspective. We are watching the UK carefully for this, but it is likely that businesses will have some time to adjust to new rules, whatever they may be. GDPR is an EU regulation, and we do not yet know whether the UK will be releasing its own equivalent.