Many Compliance Officers are at their breaking point, revealed a recent study of 500 compliance professionals conducted by Thomson Reuters. Between all the new rules and regulations and the pressure from regulators, Compliance Departments are struggling to handle of all of their responsibilities due to a lack of resources and personnel.

While compliance professionals are already overwhelmed, regulators are expected to enact even more policies in 2012, many of which will regulate global activity. The study conducted by Thomson Reuters indicated that on average, it takes the equivalent of a full day’s worth of work for professionals to learn about new policies. This is time and money that can be better spent. For instance, compliance officers should be spending their time working on their core responsibilities such as handling internal audits and risk management.

While it is important that Compliance Departments be educated on new policies and rules, it is also important that compliance professionals be able to complete their work without being overwhelmed. That’s where TRC Interactive comes in. Twice a month, we provide information about recent trends, concerns, and news on our blog. We also routinely send out information via our newsletters, and we are always updating our courses to educate learners on the newest compliance regulations. By using the resources available from TRC Interactive, you can spend less time researching and learning about regulation changes and more time focusing on your core responsibilities. We will take the work out of learning.

Even though compliance officers are often overworked and overlooked, but we are here to help! By sharing information and trends and providing valuable coursework, TRC Interactive strives to make your job easier.

To learn more about courses available from TRC Interactive, please contact us at info@trcinteractive.com or (800) 222-9909. Also, for more informative and timely pieces like this, be sure to check our blog regularly at http://trcinteractive.com/Blogx to stay updated on the hottest topics in the banking industry.