The rapid outbreak of COVID-19 has turned into a global crisis, causing a ripple effect across almost every industry. This volatility is causing economic disruption unseen since the 2008 financial crisis.
Financial institutions and audit firms have pivoted to remote working setups with technology that help employees fulfill vital tasks. However, as this crisis continues to evolve, the financial industry will need to be prepared for unseen risks to provide value to their customers, avert financial crime, and decrease job and pay cuts.
We are hosting a webinar 'State of the Audit: New industry trends and how to prepare for future uncertainties' to help guide you through these troubling times. Join Brian Fox, Vice President of Strategic Partnerships at Thomson Reuters and Founder of Confirmation, as he takes a deep dive into the consequences of coronavirus to the financial industry, and how using technology can future-proof your business to keep moving forward.
Brian will explore the following:
- How banks and audit firms have shifted their way of working
- How this economic crisis may lead to an increase in financial crime, including occupational or financial statement fraud and corruption
- The role of technology in detecting and preventing financial crime
- How your industry can be equipped for future risks
Confirming financial data is all about finding truth, and truth should be easy to find. That’s why we built Confirmation – the platform of choice for easy validation of financial data.