Category: Compliance, Industry Trends

Going Beyond Simple Compliance to Include Risk


untitled-1What does managing risk mean to you?

For Nick Nichols, vice president of risk and compliance intelligence at DST Financial Services, risk management means more than being in compliance with the regulations that govern financial services.

It also means using data and other tools to identify and prevent both future risks, and known risks that are not yet being managed through regulation or legislation.

Recognizing that many firms are struggling to simply maintain regulatory compliance, Nick’s latest blog post on DST Insights offers highly focused suggestions on the types of questions an asset management firm might want to be asking itself in order to develop and implement a holistic risk and compliance strategy.

This includes questions like:

  • How does my firm articulate and measure its goals of maintaining regulatory compliance and identifying and managing future risk? What is the relationship between these capabilities, or are they separate?

Get more suggestions in Nick Nichols’ post,

“Looking Forward: Going Beyond Simple Compliance to Include Risk” on DST Insights.

Gretchen Kinder

Gretchen Kinder

Gretchen Kinder works for Boston Financial's Sales Support and Corporate Marketing team where she works on sales support and strategy documents. Gretchen joined Boston Financial in 2014 after nearly two decades of professional experience in Boston’s nonprofit and municipal sectors. A Jane-of-all-trades, Gretchen earned her MSW/MPH from Boston University in 1997 and has held positions as a community organizer, program manager, fundraiser, event planner, strategic planning consultant, adult educator, philanthropic community manager, public information officer and grant writer/manager. She has worked in the fields of chronic disease management, community service learning, health professions education, philanthropic planning and wealth management, urban planning, public and community health, PK-12 public education, early literacy, mental health and dental insurance.


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