Leveraging Technology to Demystify the 3 Lines of Defense

The three lines of defense model seems intuitive on paper. But, a successful implementation of the model requires common definitions and processes, clear delineation of roles and responsibilities and efficient collaboration and information sharing across all three lines – the business, compliance and risk management and internal audit. But how do you implement and drive business engagement in risk management processes without creating silos with layers of duplication, while maintaining the appropriate coverage of key risk areas, staying responsive to regulators and providing flexibility to change? Technology can help.

Join this session for greater insight and learn more about how to integrate technology into your dynamic three lines of defense for a more successful and sustainable risk management program.

Learning Objectives:

Provide clarity around the roles and responsibilities of each line of defenseReview steps for enabling a consistent framework, processes and reporting across the linesDiscuss the elimination of duplication and more defined coverage of risk

Presenter:

Patrick Bernardy
Director, Internal Control & Risk Management Services, PwC

Sponsor: PwC

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