Compliance Analytics Simplified (A Chat with Integrity Tech Leaders from Lextegrity, Part II)

01/27/21 • 28 min

The latest installment of R&G Insights Lab’s podcast series, Culture & Compliance Chronicles, continues to explore the benefits of using analytics and technology in the compliance and risk management space. Zach Coseglia, managing principal and head of innovation of R&G Insights Lab, concludes his conversation with two guests from compliance software company Lextegrity, founder and CEO Parth Chanda, and head of product Kara Bonitatibus. Picking up where they left off, the group first tackles a common question from companies, “Of all of the places where there is an opportunity to bring value with data and analytics, which is the area that we should focus on?” From there, they discuss why data analytics is more of a journey than a silver bullet. Finally, they dive into examples of how continuous monitoring with a pre-built analytics engine like Lextegrity’s can help not only individual teams in a company, such as internal audit, but also the business as a whole.

Previous Episode

Compliance Analytics Simplified (A Chat with Integrity Tech Leaders from Lextegrity, Part I)

The latest installment of R&G Insights Lab’s podcast series, Culture & Compliance Chronicles, explores the benefits of using analytics and technology in the compliance and risk management space. Zach Coseglia, managing principal and head of innovation of R&G Insights Lab, talks with two guests from compliance software company Lextegrity, founder and CEO Parth Chanda, and head of product Kara Bonitatibus. In the first of a two-part conversation, Parth and Kara talk about the benefits of a more analytically-powered approach to compliance and risk management; and specifically, how they have drawn upon their past experiences as in-house compliance lawyers to develop solutions that help companies get a better handle on their risk in near or real time. The three also discuss how technology, analytics and a user interface that prioritizes the employee’s experience can promote better business decision-making, improved compliance, and drive a more sophisticated analysis of programmatic effectiveness.

Next Episode

Navigating Corporate Culture and Risk

Welcome back to the Culture & Compliance Chronicles, a podcast series brought to you by Ropes & Gray’s Insights Lab and Front-Line Anti-Bribery. Join Amanda Raad, co-leader of R&G Insights Lab and the firm’s global anti-corruption and international risk practice, Nitish Upadhyaya, R&G Insights Lab director of behavioral insights, and Richard Bistrong, an ethics and compliance consultant and CEO of Front-Line Anti-Bribery as they explore the constantly evolving challenges faced by professionals worldwide in managing risk and compliance. On this episode, they reflect on past developments, current trends, and the future of compliance. They also discuss the significance of culture in regulatory practices and how businesses can effectively integrate behavioral science, cultural psychology, and data visualization to address compliance challenges. Tune in to better understand how culture influences decision-making and the importance of listening to employees to foster an ethical workplace.