compliance cockpit · via predefined algorithms, we analyze and rate the available data step 2 we...
TRANSCRIPT
Compliance Cockpit
Similar to pilots, compliance officers have
to have a clear overview and be aware of
risks in the entities, countries or regions
they are responsible for to enable them to
steer the company into the right direction.
But how can that be achieved?
Via predefined algorithms, we
analyze and rate the available data
Step 2
We visualize the data in an
interactive dashboard
Step 3Step 1
We collect data from various
sources in your global organization
Collect Analyze Visualize
Whistleblowing
hotline
Training database
Existing Risk
Assessment
Gifts and Hospitality
reporting tool
Incident database
Internal audit
program and results
Interactive questionnaires
Status of the Compliance
Management System
Risk landscape
Master database
Perception index
Compliance Cockpit dashboard
Once you have cost-efficiently
analyzed the status of your
compliance management system
and the risk landscape you can
allocate your resources in a more
efficient and impactful way
Benefit 2
Implementing remedial
measures based on the results
from the Compliance Cockpit will
significantly lower the risk
exposure of your company and
its management
Benefit 3Benefit 1
Automating the collection and
analysis of data can save you a
significant amount of money for
extensive onsite checks
Save money Increase efficiency Lower risk exposure
How does it work?
Status of the Compliance
Management SystemRisk landscape Perception index
How does it work?
Status of the Compliance
Management SystemRisk landscape Perception index
1 2 3 4
1 2 3 4
1 2 3 4
1 2 3 4
1 2 3 4
1 2 3 4
1 2 3 4
1 2 3 4
1 2 3 4
1 2 3 4
1 2 3 4
1 2 3 4
Leadership
Risk Assessment
Standards &
Controls
Training &
Communication
Monitoring &
Auditing
German IDW PS 980
ISO 19600
TI’s Business
Principles
US Sentencing
Guidelines
UK Bribery Act
guidance
OECD’s Good
Practice program
Response &
Sustainability
Status of the Compliance Management System
remedial
measures
How does it work?
Status of the Compliance
Management SystemRisk landscape Perception index
Risk Landscape – Example – Third Party Risks
Commission %
Commission $
Number of
intermediaries
Government business
Foreign intermediaries
1 - 10
1 - 10
1 - 10
1 - 10
1 - 10
1
2
1
3
1
Scoring Factor
Total risk
score third
parties
The Compliance Cockpit is a universal and flexible tool which
can be used for any compliance topic
Data privacy
AML
Fraud
Anti-corruption
Antitrust
Sanctions
Tax
How does it work?
Status of the Compliance
Management SystemRisk landscape Perception index
Standards and Controls
Training and
Communication
Perception Index
Employee
Local
Compliance
Officer
Perception
Index
Employees
Perception
Index LCOsClose interaction with
local management
Daily local experience
Status of the Compliance
Management System
Risk landscape
Perception index
Compliance Cockpit
Process risks Damage expectancy
What does the dashboard look like?
The dashboard can be customized to your preference
example
© 2018 Baker & McKenzie Partnerschaft von Rechtsanwälten, Wirtschaftsprüfern und Steuerberatern mbB
Contact us to find out how your organization
can benefit from the Compliance Cockpit
Dr. Nicolai Behr
Dr. Franz Leisch
+49 89 55 23 82 04