{"id":94253,"date":"2020-12-09T14:00:00","date_gmt":"2020-12-09T14:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2776973"},"modified":"2020-12-09T14:00:00","modified_gmt":"2020-12-09T14:00:00","slug":"regulatory-risk-transforms-into-a-board-level-strategic-concern","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/12\/09\/regulatory-risk-transforms-into-a-board-level-strategic-concern\/","title":{"rendered":"Regulatory Risk Transforms into a Board-Level Strategic Concern"},"content":{"rendered":"<p><img decoding=\"async\" width=\"300\" height=\"85\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/09\/1079-alm-pacesetters-logo_arrows.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<p><em><span style=\"font-weight: 400;\">ALM Intelligence Pacesetter Research finds law firms developing upstream regulatory risk consulting and advisory services<\/span><\/em><\/p>\n<p><strong>New York, NY &#8211; December 9th,\u00a0 2020<\/strong><span style=\"font-weight: 400;\"> \u2013 New research from ALM Intelligence finds the market for regulatory risk services evolving from a subject-matter expertise problem to an opportunity to integrate regulatory risk into a growth strategy with a strategic advantage for long-term business resiliency.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In <\/span><em><span style=\"font-weight: 400;\">ALM Intelligence Pacesetter Research: Regulatory Risk 2020<\/span><\/em><span style=\"font-weight: 400;\">, the Pacesetter Advisory Council assesses the strategies and service offerings of 17 providers identified as Market Leaders by the ALM Pacesetter Advisory Council for their ability to deliver client impact in today\u2019s challenging business environment. The research also provides insights into the competitive dynamics and service delivery trends, driving convergence across insurance, legal, management consulting, multiservice providers, and technology firms.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Per <strong>ALM Intelligence Pacesetter Research Analyst Lead Tomek Jankowski<\/strong>: \u201cPolitical and economic volatility unprecedented for our times have transformed regulatory risk from a checklist item under financial risk to a front-and-center, board-level strategic concern. The impact of regulatory risk is suddenly making itself felt across client organizations, bringing urgency to client need for a fuller, longer-term, outcome-focused solution from providers that spans advisory, consulting, technology, risk management, and technical expertise.\u201d\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Why is this important in 2021? What changes can we expect to see in 2021 and beyond?<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Research Highlights:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The economic instability of our modern world has injected a level of political volatility almost unprecedented in modern times<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Professional service providers are still overwhelmingly organized to help clients react to specific events, but regulatory and market forces are pushing clients to develop enterprise-wide risk strategies<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Convergence is driving the need for project management capabilities requiring the ability to speak across multiple disciplines and areas of expertise<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Convergence is happening in regulatory risk around data, technology, consulting, forensic investigations, and project management<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Regulators are emphasizing long-term business resiliency over remediation of risk events<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Regulatory risk cannot be adequately addressed through a single transaction with a professional services provider, so engagement is likely to be longer-term, requiring greater attention to cost management<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The emphasis in regulatory risk has shifted to both a more dynamic, agile approach to compliance and finding strategic opportunities in risk strategy<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">ALM Intelligence evaluates providers\u2019 abilities to bring the full advantage of their extended organization, innovation capability, service delivery model, and brand eminence to create impact and value for clients. ALM Intelligence evaluated the regulatory risk management capabilities of 17 services providers for this research, including Accenture, Allen &amp; Overy, Allianz, Alvarez &amp; Marsal, Buckley, Crowe, Deloitte, EY, FM Global, Grant Thornton, KPMG, Marsh, Minter Ellison, Promontory (an IBM company), Protiviti, PwC, West Monroe Partners. Within this cohort, Pacesetter Research identified three ALM Pacesetters in Regulatory Risk: Allen &amp; Overy, Deloitte, and Promontory (an IBM company).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ALM Intelligence Pacesetter Research provides independent, objective research to providers and buyers of professional services, coupled with practical insights that inform the decision-making process for strategic planning and procurement professionals. For more information or to obtain the full versions of the ALM Intelligence Pacesetter Research series, visit:<\/span><a href=\"https:\/\/www.alm.com\/intelligence\/pacesetter-research\/\"> <span style=\"font-weight: 400;\">https:\/\/www.alm.com\/intelligence\/pacesetter-research\/<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><strong>About ALM Intelligence<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">ALM Intelligence provides proprietary data, analysis, tools, and knowledge that empower our clients to succeed. The product suite and vast data repository arm professionals with the critical business information required to make the most impactful and informed decisions possible. The exhaustive data repository and product functionality enable professionals to combat competitive challenges head-on with the confidence to remain ahead of the field. The depth of ALM Intelligence\u2019s expertise across the benefits, insurance, consulting, and legal industries provide a broad spectrum of actionable intelligence to facilitate and execute strategy. Visit <a href=\"http:\/\/www.alm.com\/intelligence\">www.alm.com\/intelligence<\/a> for more information.<\/span><\/p>\n<p><strong>About ALM Media, LLC<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">ALM, an information and intelligence company, provides customers with critical news, data, analysis, marketing solutions, and events to successfully manage the business of law. ALM serves a community of over 6 million business professionals seeking to discover, connect, and compete in highly complex industries. Please visit <a href=\"http:\/\/www.alm.com\">www.alm.com<\/a> for more information, and visit <a href=\"http:\/\/www.alm.com\/events\/\">www.alm.com\/events\/<\/a> to learn about our upcoming events. Please follow us on Twitter at <a href=\"https:\/\/twitter.com\/almmedia?lang=en\">@ALMMedia<\/a>.<\/span><\/p>\n<p class=\"tags\">Tags: <a href=\"https:\/\/icrowdnewswire.com\/tag\/regulatory-risk-services\/\" rel=\"tag\">Regulatory Risk Services<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/pacesetter-research\/\" rel=\"tag\">Pacesetter Research<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/alm-intelligence-pacesetter-research\/\" rel=\"tag\">ALM Intelligence Pacesetter Research<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/regulatory-risk\/\" rel=\"tag\">Regulatory Risk<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/pacesetters\/\" rel=\"tag\">Pacesetters<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/alm-intelligence\/\" rel=\"tag\">ALM Intelligence<\/a><\/p>\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/www.alm.com\" target=\"_blank\">http:\/\/www.alm.com<\/a><br \/><b>Contact Information:<\/b><br \/>Eliza Sawyer<br \/>\nesawyer@alm.com<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/ips\/\" rel=\"category tag\">IPS<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/google-news\/\" rel=\"category tag\">Google News<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/financial-content\/\" rel=\"category tag\">Financial Content<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/extended-distribution\/\" rel=\"category tag\">Extended Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/icn-internal-distribution\/\" rel=\"category tag\">iCN Internal Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/legal-newswire\/\" rel=\"category tag\">Legal Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/regulatory-compliance\/environmental-regulations\/\" rel=\"category tag\">Environmental regulations<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/regulatory-compliance\/healthcare-regulations\/\" rel=\"category tag\">Healthcare regulations<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/regulatory-compliance\/securities-regulations\/\" rel=\"category tag\">Securities regulations<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/regulatory-compliance\/financial-regulations\/\" rel=\"category tag\">Financial regulations<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/regulatory-compliance\/banking-regulations\/\" rel=\"category tag\">Banking regulations<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/regulatory-compliance\/energy-regulations\/\" rel=\"category tag\">Energy regulations<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/regulatory-compliance\/communications-and-internet-regulations\/\" rel=\"category tag\">Communications and internet regulations<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/regulatory-compliance\/transportation-regulations\/\" rel=\"category tag\">Transportation regulations<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Eliza Sawyer<br \/>\nesawyer@alm.com<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"85\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/09\/1079-alm-pacesetters-logo_arrows.png\" alt=\"\">ALM Intelligence Pacesetter Research finds law firms developing upstream regulatory risk consulting and advisory services New York, NY &ndash; December 9th,&nbsp; 2020 &ndash; New research from ALM Intelligence finds the market for regulatory risk services evolving from a subject-matter expertise problem to an opportunity to integrate regulatory risk into a growth strategy with a strategic &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/12\/09\/regulatory-risk-transforms-into-a-board-level-strategic-concern\/\">Continue reading <span>Regulatory Risk Transforms into a Board-Level Strategic Concern<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/12\/09\/regulatory-risk-transforms-into-a-board-level-strategic-concern\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,108,98,3,104,5,107,82,97,52,67,57,12,80,142],"tags":[],"class_list":["post-94253","post","type-post","status-publish","format-standard","hentry","category-banking-regulations","category-communications-and-internet-regulations","category-energy-regulations","category-english","category-environmental-regulations","category-extended-distribution","category-financial-content","category-financial-regulations","category-google-news","category-healthcare-regulations","category-icn-internal-distribution","category-ips","category-legal-newswire","category-securities-regulations","category-transportation-regulations"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Regulatory 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