compliance cockpit · via predefined algorithms, we analyze and rate the available data step 2 we...

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

nicolai.behr@bakermckenzie.com

Dr. Franz Leisch

franz.leisch@bakermckenzie.com

+49 89 55 23 82 04