Arctera at XLoD Global New York: A New Era in Risk and Compliance

Arctera debuted at XLoD NY 2025, joining 500+ leaders to share insights, unveil our brand and shape the future of risk, compliance and governance.

Last week, XLoD Global New York 2025, hosted at the Marriott Marquis Manhattan, proved to be an extraordinary gathering for the compliance and governance community. I had the privilege of attending this dynamic event alongside over 500 Risk and Compliance leaders representing top financial institutions, regulators, tech providers and compliance consultants. This event was particularly significant for us, as it marked our first XLoD event under our new company name, Arctera. It was exhilarating to share our spin-out story, unveil our new brand and introduce our evolved messaging to both current and prospective clients.

The conference featured several standout industry leaders that shared invaluable insights on navigating the complexities of risk and compliance in today’s fast-evolving landscape.

xLoD NY: A Hub for Innovation and Networking

xLoD Global continues to be the go-to event for cutting-edge insights and valuable networking opportunities within the global risk management community. It provides a platform where thought leaders and professionals from across the world come together to explore emerging trends, from AI advancements to regulatory shifts, shaping the future of compliance practices. The XLoD event is not just an opportunity to discuss the present, but to shape the future of non-financial risk management.

Looking ahead, Arctera is excited to announce our sponsorship and speaking engagement at the upcoming xLoD Global London event this fall.

Key Takeaways from XLoD Global New York:

1. Use Risk Events as Engagement Tools
   Instead of filing loss events away, organizations should leverage them to create additional scenarios. This approach helps engage the business and test existing controls. By using advanced tools, risk events can become springboards for deeper business engagement and improvement.
2. Fragmentation is the New Frontier of Risk
   The Federal Reserve highlighted how internal fragmentation creates friction within organizations and prevents early identification of risk signals. Silos create blind spots, making it essential to have horizontal thinkers who can span across risk, technology and business areas.
3. Partnership > Ownership
   Risk management is not a solo endeavour. It takes all Three Lines of Defence to work together in partnership. Open communication, mutual respect and a shared risk appetite are essential for effective compliance and risk management.
4. Commercial Fluency Matters
   Top risk professionals must not only be technically proficient but also commercially aware. They need to understand why risk needs to be integrated into business strategy - not just what risk management is about.
5. Emerging Risks Don’t Fit Old Frameworks
   The pace of change in geopolitics, AI and new technologies means that traditional risk frameworks are no longer sufficient. To stay ahead, organizations need to adopt a more intentional approach to AI, ensuring transparent governance and pushing for innovation with clear guardrails.
6. $200B+ Annual Cost of Risk and Compliance
   The annual cost of risk and compliance exceeds $200 billion, with over 1,000 MRA/MRIAs (Material Risk Areas/Material Risk Indicators) projected for 2025. This highlights the need for “Risk Athletes” - individuals who can think across domains and connect the dots across the enterprise.
7. Lines of Defence: Maturity Isn’t Uniform
   Poll results showed that Line 3 (Internal Audit) is lagging in risk identification compared to Line 1 (Operational Risk). While AI is accelerating the 1st Line, the 2nd and 3rd Lines need to evolve as well, focusing on client-centric thinking and developing commercial skills.
8. Relationships > Checkboxes
   Risk isn’t managed in spreadsheets or checkboxes - it’s about relationships. Whether through a phone call or embracing healthy conflict, building connections is key to driving effective risk management decisions.
   

Final Thought: The Best Risk Professionals Simplify What’s Complex

The best risk professionals don’t complicate what’s simple; instead, they focus on simplifying what’s complex. The more we can make risk management intuitive and actionable, the more effective it becomes across the organization.

Conclusion: A New Chapter for Arctera

Our participation in XLoD Global New York marks a pivotal moment in Arctera’s journey as we continue to evolve and lead in the data compliance and governance space. With a new name, fresh vision and exciting opportunities ahead, we are thrilled to continue pushing the boundaries of what is possible in regulatory compliance.

We are committed to fostering strong partnerships and delivering innovative solutions that empower our customers to navigate risk with confidence and clarity. Stay tuned for more updates as we continue to shape the future of risk management.

 
Learn how to solve for communications surveillance with Arctera in this infographic.