Our mission at Canadian Compliance Group is to provide confidence to C-Suite and regulators that effective steps have been taken to identify, manage and mitigate risks. We do this by assisting our clients in implementing effective regulatory risk management programs.
As compliance professionals know all too well, the challenges in delivering effective compliance programs are daunting. Some of the major challenges include:
While each of these challenges requires the skill and dedication of a compliance professional, the sheer magnitude and scope of the modern compliance program is stressing the resources of even the largest institutions. This creates a cost burden that is difficult to support for even the most successful company. For example, one of the largest financial institutions in the world recently cited legal costs related to regulatory compliance issues as one of the biggest reasons for a decline in its profitability.
In 2013, we partnered with Resolver to provide our clients with an innovative risk management program to help deliver on our mission. Today, we are extremely proud to serve dozens of customers in the Canadian Financial Industries and Insurance sectors, as well as, a growing base of foreign companies to support their compliance programs. The Resolver-Canadian Compliance Group partnership addresses many of the key challenges noted above. In particular,
At Canadian Compliance Group, we promise to continue the pursuit of our mission to help find innovative ways to meet compliance risk management challenges. We look forward to continuing to provide our clients with industry-leading service.