Using Questionmark Assessments to Mitigate Risk and Ensure Regulatory Compliance for Financial Services Organizations
Assessment technologies provider Questionmark will host a webinar on July 17th, on the role of assessments in helping financial services organizations mitigate risk and maintain regulatory compliance.
The webinar will show how assessments can be used to support training initiatives and document employees' understanding of what they are required to do in order to comply with regulations.
Every organization defines processes to mitigate risk and maintain compliance, and it's essential for employees to understand them and follow these processes. If they don't, the risk of non-compliance increases. Training certainly helps, but without follow-up assessments there's no proof that people have learned what they need to know. Moreover, organizations that can't prove they have taken adequate steps to educate employees face higher non-compliance penalties. Questionmark's webinar will explore how assessments can warn of knowledge gaps before they impact a business and enable employees to "test out" of training on topics they already understand well.
Centrally managed assessments delivered via IT technology bring both peace of mind and tremendous business value and with the recently increased focus on regulatory compliance in the financial services industry, many will be keen to learn about such matters. Although online assessments have long been used in compliance, now they are needed more than ever. Most large companies today see online assessments as a critical part of their compliance programs.
Much of the webinar's content will relate to a Questionmark White Paper, The Role of Assessments in Mitigating Risk for Financial Services Organizations, which describes today's regulatory landscape and explains the business benefits of using assessments to meet its demands. The paper describes specific ways to use assessments within a compliance program and examines security and accessibility issues. It also provides role-specific best practice guidance for implementing a legally defensible assessment.
Webinar registration and access to the white paper are available at: www.questionmark.com/go/fscompliance-wp
This Complimentary webinar is scheduled for 11 a.m. BST Time (London - UTC +1) on Tuesday, 17th July.