White Paper: The GRC Evolution
Firms and individuals globally find themselves navigating elevated living costs, fluctuating economies, and persistent geopolitical tensions.
Combined with these external pressures, organizations are struggling with recruitment and retention issues, particularly within financial services. Compliance, finance, operations, and risk teams are finding it increasingly difficult to secure the talent needed for key roles, meaning resources are stretched thin. This difficulty is compounded by stringent regulations, heightened scrutiny, tighter reporting deadlines, and escalating cost pressures.
Divisions across the enterprise are tasked with improving the effectiveness of their compliance programs and back-office capabilities while operating with fewer resources. They must deliver high-quality results, reduce turnaround times, and cut costs, all while competing for talent in a small talent pool.
This challenge poses significant risks, potentially leading to exposure gaps across the firm, but especially within the compliance and operational teams.
Whether it’s a small hedge fund or a large, global financial institution, the pressure is mounting. Even routine absences, such as maternity leave or medical leave, can significantly disrupt operations and exacerbate existing challenges.
In this rapidly evolving business landscape, outsourcing has emerged as a powerful strategy that can benefit the entire C-suite.
Download our white paper to explore how some firms are solving these challenges by engaging managed services. This strategic resource:
- Outlines the challenges firms are facing today and the risks these pose across the C-suite.
- Examines the extensive benefits of outsourcing governance, risk, and compliance (GRC) tasks to a managed services provider for all key stakeholders.
- Analyzes current trends and areas where firms today are deploying a managed services approach.
- Reviews the benefits of outsourcing certain compliance and investment performance-related tasks, and how ACA Group supports firms through their managed services team.
- Explores how managed services can, with the right partner, enable financial firms to embed more efficient processes and free up talent for more value-generating activities.
How we help
For firms struggling to balance their compliance workload or manage retention and satisfaction while maintaining best practices, our managed services suite of solutions is the answer
At its heart, managed services are about delivery. Trusted by top global international investment banks and hedge funds – as well as smaller local firms – our managed services offering helps financial service firms pass on executional regulatory responsibilities, providing an efficient, scalable, and cost-effective resource. This offering is powered by ACA ComplianceAlpha®, our award-winning RegTech compliance program management platform.
Our dedicated team of 215+ compliance and risk managed services professionals and 55+ investment performance experts has helped 2,200+ firms globally address the challenges of increasing the effectiveness of their compliance programs, managing with fewer internal resources, ensuring high-quality results, while reducing turnaround times and lowering costs.
We offer a full suite of services designed to strengthen and streamline financial services firms’ GRC arrangements. We partner with clients to create solutions to address compliance and investment performance process challenges while delivering value and improved outcomes. Our dedicated compliance, investment performance, and risk team has a proven record of providing high-quality results in a timely manner for over 6,000+ firms globally.
Learn more about our outsourced Managed Services solutions and reach out for a conversation about how we can help you maximize your firm’s time and efficiency with our technology-powered managed services as you launch, grow, and protect your business.