• The Journeys of Albemarle and ABB to Data - Driven Compliance

  • Jan 16 2024
  • Length: 28 mins
  • Podcast

The Journeys of Albemarle and ABB to Data - Driven Compliance

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  • Are you struggling to keep up with the ever-changing compliance programs in your business? Look no further than the award-winning Data-Driven Compliance podcast, hosted by Tom Fox. This podcast features an in-depth conversation around the uses of data and data analytics in compliance programs. Data-Driven Compliance is back with another exciting episode. Today, I co-hosted with Vince Walden, CEO of KonaAI, to visit with our guests Andrew McBride, Chief Risk Officer at Albemarle, and Tapan Debnath, Head of Integrity, Regulatory Affairs, & Data Privacy—Process Automation at ABB, on their respective companies' journeys to data-driven compliance. We consider the importance of integrating due diligence systems with business conduct and anticipate 2024 to be a breakthrough year for data-driven compliance. McBride, recognized by the Department of Justice for his work in data-driven compliance, believes in the critical role of data in identifying and responding to risks, testing the effectiveness of compliance programs, and reporting to internal stakeholders. Debnath stressed the need for visibility and alignment with senior business stakeholders during investigations and the use of data analytics platforms to measure integrity and key performance indicators. Join Tom Fox, Vince Walden, Andrew McBride, and Tapan Debnath on this episode of the Data Driven Compliance podcast as they delve deeper into the challenges and importance of data-driven ethics and compliance programs. Key Highlights: Using data analytics to assess program effectiveness Proactive risk management through continuous monitoring Leveraging due diligence for proactive risk management Data transparency and collaboration for compliance success Transitioning from external dependencies to internal capabilities Resources: Vince Walden on LinkedIn KonaAI Tom Fox  Connect with me on the following sites: Instagram Facebook YouTube Twitter LinkedIn
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