Two-thirds of 196 organizations recently surveyed said that a lack of collaboration between risk and compliance dramatically slowed or somewhat slowed their response to new and emerging risks.

That is just one of the many findings of a new survey conducted by Compliance Week, sponsored by Riskonnect.

The survey also revealed that:

  • 24% of organizations said that data is siloed and is extremely difficult to pull together.
  • 56% said data is in multiple sources and is somewhat difficult to pull together.
  • 16% said data resides in one centralized source that is integrated and accessible for real-time reporting.

The survey includes responses from 196 compliance and risk professionals, primarily from large companies.

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2021 Risk and Compliance Integration Benchmark Survey

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