Larry Gordon, Managing Director/Risk Management provides key commentary in the article “Done right, outsourcing compliance can be rewarding” | Compliance Week


A potential reason to outsource is difficulty in finding niche compliance talent or due to the high cost of maintaining that talent in-house. A big problem for mid-sized and small banks is having in-house subject matter experts to deal with narrow but important problems…. Outsourcing, and even sending compliance functions offshore, is a potential alternative solution.