ACA enhances regulatory tech platform
ACA Group has added new features to its regulatory technology platform ComplianceAlpha.
The upgrades have been driven by the evolving risk from Covid-19, as well as the continually developing regulatory environment.
Figures from a recent report by Greenwich Associates showed 58% of firms invested in third-party surveillance technology in 2020, almost double the efforts seen in 2019. At the same time, a Thomson Reuters’ survey echoed this point; of the 400 compliance and risk practitioners surveyed, 70% said the pandemic increased their reliance on technology.
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