These technologies allow compliance and risk professionals to proactively detect fraud and corruption and automate regular compliance processes as organizations worldwide respond to changing financial, regulatory, and reputational concerns.

With an auditable path of risk identification and response, Kroll's Risk Analytics Monitor is an intuitive fraud detection system that assists in identifying high-risk transactions and third parties that could cause financial and reputational harm to an organization.

The new Kroll Managed Compliance Software supports regulatory compliance while saving time and resources by automating and streamlining routine compliance tasks. It does this by incorporating the trusted expertise of Kroll's Compliance Consulting team and assisting financial services firms in proactively addressing changing regulations.

Giles Derry, Co-President of Kroll's Risk Advisory practice, stated that "technology's role in governance, risk management, and compliance outcomes will take center stage in the coming years, with solutions that help detect and mitigate risks and threats early becoming a necessary addition to any compliance and risk management framework." With Kroll's digital capabilities, our clients can effectively and pro-actively manage risks to their operations, assets, reputation, and personnel. These solutions can be incorporated into companies' current compliance initiatives, bringing our worldwide experience into regular risk management operations.

According to 400 risk and compliance professionals surveyed for Kroll's Fraud and Financial Crime Report, 69% of respondents expect financial crime risks to rise over the next 12 months, and more than two-thirds of respondents plan to prioritize their own technology investments to fend off the uptick.