Head - Finance & Accounting Services, WNS
Cost of compliance and control has been rising. That’s not just because of the changes in the regulatory environment, but also because of the increasing complexity in the business environment
Global diversification, social media and technology changes are creating the need for increased controls. This adds to cost
Options to control costs include joint investments in infrastructure, processes and technology, and newer sourcing models
Krishnan talks about newer ways of controlling the cost of compliance and control.