Trade Compliance Industry Survey
Gain insight into how trade compliance is handled across industries.
Read the Results From a Survey of Over 120 Compliance Professionals
LexisNexis® Risk Solutions conducted a survey on trade compliance and the specific challenges facing the industry. More than 120 compliance professionals from banks, insurance and fintech firms around the world offered their insights into current processes and pain points.
The results reveal differences in how global banks, corporates, and non-banking financial institutions (NBFIs) manage trade compliance.
Our survey found that despite the risk of human error, many companies today still rely on manual compliance screening. Also, many organizations do not have a dedicated compliance team.
The results reveal differences in how global banks, corporates, and non-banking financial institutions (NBFIs) manage trade compliance.
Our survey found that despite the risk of human error, many companies today still rely on manual compliance screening. Also, many organizations do not have a dedicated compliance team.
These issues, combined with the finding that only a third of non-banks engage in multi-variable screening, show that companies across industries would greatly benefit from a streamlined trade compliance solution.
Read the Tackling Trade Compliance infographic today to gain a greater understanding of trade compliance across industries, and how LexisNexis® Risk Solutions can help.
Read the Tackling Trade Compliance infographic today to gain a greater understanding of trade compliance across industries, and how LexisNexis® Risk Solutions can help.
