Jim Freis, Chairman and Chief Strategy Officer of CRINDATA, LLC will be presenting at the European Compliance and Ethics Conference 2021, Speakers | ECEC 2021 – European Compliance & Ethics Conference (ecec-community.com). He is leading a discussion of best practices for risk management when institutions outsource to external service providers, drawing upon experience of the financial industry and drawing practical examples in application to whistleblower systems, which is a hot topic areas at the conference in light of the December 2021 deadline for implementing the EU Whistleblower Directive.
CRINDATA will post an abstract of Jim’s presentation next week.
About Jim Freis:
Jim has devoted his career to promoting the integrity of the global financial markets. He is best known in the United States as the longest-serving Director (2007 to 2012) of the United States Treasury Department’s Financial Crimes Enforcement Network (FinCEN), overseeing regulations covering the broadest range of financial institutions in coordination with their primary licensing authorities, and for applying data-driven efforts to combat fraud exposed through the Global Financial Crisis. After FinCEN, Jim was based in Frankfurt, Germany with the Deutsche Börse Group, Europe’s largest provider of systemically significant financial market infrastructures, responsible for overseeing compliance and relations with global regulators including in the implementation of a holistic internal control system approach among Risk, Compliance, Information Security and Outsourcing oversight functions.
About CRINDATA:
CRINDATA, LLC (www.CRINDATA.com) offers unique cloud-based solutions to financial institutions who must actively manage their critical third-party relationships (including their indirect relationships with subcontractors) and must prepare for and mitigate business disruptions management and cybersecurity events originating anywhere in the chain of service providers and subcontractors. Concurrently, CRINDATA helps third party service providers like core systems, payments providers, transaction motoring solutions, banker’s banks, and corporate credit unions, by substantially simplifying the due diligence interactions with financial service companies and by providing a complaint, common platform to manage business disruptions and cybersecurity events when they occur.
Reach CRINDATA at info@crindata.com
202.990.6990