Panel Discussion Risk and Compliance in Digital Transformation

Digital Transformation Strategy

Ensure risk and compliance isn’t the missing part of your cloud or digital transformation.


BPM Trends “State of Business Process Management 2020” survey, identified digital transformation and cloud computing as having a significant impact on business process management. The survey also cited that productivity improvements, improving customer satisfaction and effective management of IT resources (e.g. ERP applications) were major drivers for organisations focusing on business process change. However, only 36% were satisfied with their ability to monitor process execution, most have not actually mapped the majority of their processes and only a fraction cited risk and compliance as a key consideration.

This panel discussion will focus on the importance of risk, regulatory and non-regulatory compliance and effective controls that can be implemented in managing business processes. Facilitated and led by Bryan Oak, Head of Strategy & Architecture at Searchlight Consulting, together with SafePaaS CEO Adil Khan, a small, cross-industry panel of leaders will explore how the increasing trend towards hybrid technology landscapes, with multiple cloud business applications working together with legacy, on-premise systems, compounds the ability to effectively monitor process execution and manage risk and data.


Demonstrating effective business controls and managing compliance is becoming increasingly important to many industries and organisations in the digitally, faced-paced world we live in and more so with the uncertain landscape at the moment. The panel will provide advice on identification of key risk and process control indicators, as well as the steps that can be taken to ensure that management of risk, compliance and controls becomes an embedded part of an organisation’s cloud [technology management] operating model.


Agenda:

We’ll be asking five critical questions and the impact they have on process management; risk, compliance and control, and on realising the benefits of digital transformation:

What current / recent process and data challenges are organisations facing?

How does the increased adoption of cloud-based applications, anything-as-a-service offerings affect the future of risk, compliance and control?

What are some of the good practices that organisations can adopt to effectively identify and manage key risk indicators (KRIs) and process control indicators as they look to implement digital or technology-enabled change of change?

What critical capabilities does the organisation need to develop in the short to medium term to ensure that GRC and control objectives are embedded into day-to-day operations? And, who should GRC leaders be building their closest alliances with?

Do process, data management and governance, risk and compliance need dedicated organisations, roles and/or technologies to be effective?

Speakers:

Adil Khan

Adil Khan is CEO at SafePaaS with over 15 years of experience in enterprise business systems. Adil also serves on the board of the Oracle Applications Users Group Internal Controls and Security Interest Group (OAUG-ICSSIG). Adil has authored “Governance, Risk and Compliance Handbook for Oracle Applications”. He has delivered over fifty presentations on GRC trends, best practices and case studies at many industry conferences including Gartner GRC Summit, IIA, ISACA, Collaborate, UKOUG and Oracle OpenWorld. Adil has successfully designed and implemented internal controls management systems for more than 15 global companies listed on the NYSE and NASDAQ. His expertise includes streamlining and automating Governance Risk and Compliance processes based on industry standards such as ERM-COSO and CoBIT. Prior to joining SafePaaS, Adil served as the Chief Executive Officer and board member at Alternate Marketing Networks, Inc. a NASDAQ listed company...

Bryan Oak
With extensive knowledge of cross-sector logistics & supply chain management, Bryan leads Searchlight’s consulting business. He has over 30 years of industry experience, including 20 years leading multi-site ERP consulting & delivery programmes. Bryan combines an engineering background with business process transformation, organisational change & enterprise solutions.

David Bottomley, who spent the last five years as IT Director for Specsavers Northern Europe region, where he was responsible for implementing and supporting numerous technology solutions to support the business and enable rapid market growth, including new online appointments, clinical management, e-commerce, finance and GDPR systems. He led a programme of change to deliver a new clinical retail system for Norwegian stores, meeting a fixed compliance deadline.


Navinder Keplish - Nav is a governance, risk, and compliance (GRC) specialist who has led large, global programmes in Europe, North America, LATAM and Asia. He also has a keen interest in emerging technologies like Blockchain. Nav has an MBA from London Business School and is a partner at Adan Corporate, a corporate advisory and risk management services firm.

ADAN Corporate is an international corporate advisory and risk management firm with the head office in London and global presence in India, South Africa, UAE, France, Netherlands, Singapore and Hong Kong through a network of multi-disciplinary partners. ADAN specializes in providing investment banking, advisory and risk management services to small and mid-size firms globally.