Jeff Schmidt is CEO of ECI. Read Jeff Schmidt's full executive profile here.
Top executives understand that good IT governance for strong regulatory compliance is essential for a business. But what can be a bit harder to understand is exactly how the standards and benchmarks should evolve along with technology—particularly as AI capabilities mature rapidly.
in the U.S., but understanding the U.S. updates is not enough. Many financial firms run global operations, so their compliance efforts must also include regional frameworks in locations like The best approaches take things further, including business continuity mapping, incident response planning and a vendor management component to protect against third-party risk. These are all critical steps that are made more difficult in the face of the enhanced capabilities, complexity and risk from AI.New technologies invariably come with new regulatory and compliance implications, and AI has been no exception.
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