IT COMPLIANCE AND GOVERNMENT REGULATIONS:
A HOT TOPIC
What happens when IT services clash with government regulations? In a conversation with Origina CMO Uwe Hook, banking regulatory expert Dr. Daniel Walter of Osborne Clarke shares his knowledge of the compliance risks that arise as companies advance their IT initiatives.
Key takeaways include:
Risk assessment. How do contract design and level of risk differ between outsourcing and external services/support?
Contractual conflicts. How to deal with the contractual requirements of regulated institutions when scaling up IT.
"Culture clash." What happens when younger IT companies (with shorter decision-making processes) merge with large organizations that have a fixed outsourcing setup and a regulatory-driven mindset?
Contracts and negotiation. How to use contractual design as a negotiation tool.
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