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Global surveys show that most digital transformation programs fail due to culture and people rather than technology. Ralph Ebert writes in his essay for finews.first. how this root cause particularly affects the balance of Compliance Culture vs. Digital Culture.
Global surveys on compliance risks in the financial industry show that a large majority of respondents agreed that innovative digital technologies have helped identify financial crime. A closer look reveals the direct correlation between financial crime awareness and the use of technology to detect and prevent it, Ralph Ebert writes in an essay for finews.first.
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Hartmut Vollmer, BIL Suisse BIL Suisse Adds to Its Executive Team The Swiss unit of Banque Internationale à Luxembourg is adding two executives to its management team. They are joining from Julius Baer and Union Bancaire Privée. Hartmut Vollmer was appointed head of wealth management growth markets at BIL Suisse and will start in his new role in April 2021, according to a statement from the company on Monday. The growth markets are China, Eastern Europe and the Middle East. Vollmer will also become a member of the executive committee. Vollmer comes from Union Bancaire Privée (UBP), where ...