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What is the level of automation used for the compliance risk assessment?

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Source

Release date

July 2013

Region

United States

Survey time period

February and March 2013

Number of respondents

666 financial institutions

Method of interview

Online survey

Supplementary notes

Percentages may not always total to 100 percent due to rounding or multiple responses provided by survey participants.

Citation formats

Automation level in compliance risk assessment in the U.S. 2013, by bank asset size

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 27, 2014
The statistic presents the automation level in compliance risk assessment in the United States in 2013, by bank asset size. It was found that ** percent of banks with assets smaller than 100 U.S. million dollars used common desktop applications to assess the compliance risk. The purchased and developed in-house tools proved to be the least popular.
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