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Regulatory Risk

The Elephant in the Room for Professional Services

The regulatory environment is increasingly complex

For professional services firms the challenge of staying on top of legislation while applying it to their own internal operations is clearly crucial. Yet many are struggling to keep up with the deluge of new rules being introduced across the globe.

The Evolving Landscape of Professional Services


Hear from Neil Davidson, VP Enterprise for Deltek, at the Digital Leaders Forum as he discusses the main challenges and changes faced by Professional Services Firms.

Top five risks businesses feel unprepared for


Subhead

Staying compliant has become harder as professional services firms have become more globalized. When operating across borders, they face a battery of different regulations – from rules around market abuse to data protection, and from certification to accounting practices. Instigating the right compliance processes is central. Firms must devise a detailed compliance strategy.

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Firms are struggling to achieve compliance


33%

of CEOs say compliance is a top improvement priority

47%

of CFOs surveyed say their HR data does not meet GDPR or other data protection requirements

74%

of decision-makers feel unprepared for the arrival of disruptive technologies

“High-value information can cause havoc if it falls into the wrong hands. That makes professional services companies obvious targets.”


Insight to Action – The future of the professional services industry

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