Focus on Financial Services
Mitigating Risk with Transparency in a Regulated Environment
Governance and risk mitigation are critical factors in the project life cycle, and are known drivers of project success.1 Finding a balance between effective oversight and bureaucracy can be challenging for any project leader. But what happens when external stakeholders take a more active role in project oversight? Such is the case in heavily regulated industries. In the financial services sector, for example, regulatory requirements shift continually as a result of the aftermath of the worst market correction since the Great Depression. In order to remain compliant, firms must stay ...