Faced with growing threats of ‘industry shocks’ such as cyber fraud, cryptocurrency, quantum computing and open banking, financial institutions expect to increase their compliance investments over the next two years as they seek new approaches to strengthening compliance capabilities, according to a new report from Accenture. Compliance investments increase Based on a survey of 150 compliance executives at financial services institutions, Accenture’s fifth annual compliance risk report, “Comply and Demand,” found that 89 percent of respondents said they expect to increase their compliance investments over the next two years.

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