Top challenges in elevating Product Governance
In our recent webinar, Ruleguard's panel revealed the secret to successful Product Governance, discussing how to implement a product governance framework, risk management considerations, management information and much more.
Don't worry if you missed the live broadcast, you can re-watch at your own convenience here.
We ran a quick survey to discover regulated firms' challenges and priorities when seeking to improve their Product Governance.
- 📊 Is increasing efficiencies or reducing manual processes the top priority?
- 📊 Do firms see maintaining effective oversight as one of their primary challenges?
Download the full results with analysis from Ruleguard's Head of Risk and Compliance now!
This survey sheds light on the current state of product governance and the hurdles compliance professionals face. From ensuring products remain suitable across their lifecycle to identifying target markets accurately, many firms grapple with inconsistent oversight and manual processes. More than 60% of respondents admit they struggle to keep track of evolving regulations and maintain full visibility over product performance.
To address these challenges, firms should invest in robust governance frameworks and technology solutions that offer real-time monitoring, actionable insights, and streamlined processes for updating product features. By formalising oversight responsibilities and automating manual tasks, teams can free up capacity to focus on strategic improvements and risk mitigation. Explore the infographic to learn how organisations are improving product suitability and staying ahead in an ever-changing regulatory environment.
Watch our on demand webinar now to find out the 'Secret to Successful Product Governance'. You can also tune in to our easy listening podcast on how to 'Strengthen Your Product Governance Under MiFID II and Consumer Duty.'
