BCG on Compliance

Traditional compliance has always relied on rules and red flags, but for Tobias Schweiger, there is a smarter way. Tobias is co-founder and CEO of Hawk, an AML and fraud prevention software provider, and he believes in bridging the gap between cautious, law-driven approaches and the power of AI. It’s not about rewriting the rulebook, it's about transforming how we read it. Before founding Hawk, To...

In some ways, compliance has become a race against time. Financial institutions need to move quickly in the face of fragmented regulations, siloed decision-making, and overwhelming amounts of data. No one knows this better than Chiara Gelmini and Michael Baldauf, two directors at PegaSystems.  Chiara and Michael have spent years helping financial institutions tackle these challenges, and in t...

Parsa Ghaffari is the Head of Product Innovation at Quantexa, where he focuses on enhancing their Decision Intelligence platform to harness the power of both structured and unstructured data. Quantexa's platform is designed to help organizations uncover hidden risks and new opportunities by providing a unified view of data, enabling better decision-making across various industries, including finan...

We’re back with a new season exploring the future of compliance  with innovators and ground-breakers! In the coming months, Hanjo is looking at the tech that is transforming the industry and reshaping how compliance is done.  In our first episode of the season, Hanjo sits down with Yaron Hazan, VP of Regulatory Affairs at ThetaRay, a software provider pioneering new uses of AI and machin...

We wrapped our first season of BCG on Compliance a couple of weeks ago and we’re busy putting Season 2 together for September. But in the meantime, we know you’re always looking for more fascinating conversations on compliance, so this week we’re sharing a bonus episode from another great BCG show: Fintech Files . Fintech Files is hosted by Nora Hocke, Annika Melchert and Bianca Lopes. They s...

The last few episodes we’ve been looking at AI implementation and risk management with leading industry experts who are helping to forge the path forward. In our final episode of the season (don’t worry, we’ll be back with season 2 in September!) Hanjo sits down with Carter Cousineau, VP of Responsible AI and Data at Thomson Reuters.  Carter has spent her career working with a range of compan...

With AI shifting the world around us and the ground under our feet, Alyssa Lefaivre Škopac and her colleagues at the Responsible AI Institute are working with organizations to safely navigate this changing landscape.  The institute was founded in 2016, long before AI became such a hot topic, and before responsible AI became a pressing concern across industries. Today, the Institute is busier...

Kirsten Rulf is  a leading expert in AI theory, ethics, policy and practice, and leads the  Financial Institutions team for BCG X. Her tech policy career took root 10 years ago when she was a journalist living in China, and she became fascinated with the ubiquitous technology that was already so integrated into daily life in the country. From there, she launched a fascinating career expl...

In 2016, after Volkswagen's disastrous emissions scandal came to light, Hiltrud Werner took on the challenging role of Group Audit Director for the company and later as their Head of Integrity and Legal Affairs  This was no easy task. With the car manufacturer mired in legal and financial penalties, Hiltrud and her team needed to not only investigate the root causes of this ethical breakdown,...

In 2014, Andy McGuire joined HSBC as Group Chief Operating Officer at one of the most difficult times in the bank's history. Investigations had revealed that poor control processes had led to billions in illicit funds moving through the bank, funding drug cartels and terrorists. Andy had a key role in engineering an extensive remediation process that took years and millions of dollars. But during...

Over his remarkable 30+ year career, Carlo Appetiti’s work in risk, compliance, anti-fraud and anti-financial crime has played a critical role in the evolution of banking compliance. He’s worked with some of the world's most prominent financial institutions, with pivotal roles at Deutsche Bank and Unicredit, and now sits on the Boards of several banks. But at a time when financial crimes...

What are today’s most pressing criminal trends and how are compliance experts adapting to counter those threats? As financial crimes become  increasingly sophisticated, compliance can no longer be just a checkbox. It’s emerged as a transformative force in every industry, reshaping practices in ethics, risk management, money laundering and cyber security.  Introducing BCG on Compliance, a...