Greetings from the dynamic and vibrant city of New Orleans. Today is the opening stanza to Archer Summit 2024, our annual user conference set in a city where the rhythm of jazz echoes the heartbeat of endless possibilities. New Orleans is picture-perfect backdrop – culturally rich, steeped in history, full of life and always willing to invent anew.
In a world of seemingly non-stop change, risk and compliance teams often find themselves in uncharted territory. At Archer Summit, we explore strategies to not only manage but anticipate risks in a world where unpredictability is the new normal. There’s no better place to delve into these discussions than New Orleans, a city that has rebounded from its own complex challenges, demonstrating resilience and adaptability. This vibrant location provides an inspiring backdrop for our discussions on risk, resilience, and innovation.
This year’s Archer Summit kicked off in grand style with CEO Bill Diaz announcing a truly exciting strategy to help our clients transform their risk management strategies. On the heels of record expansion and growth for the Archer business, Bill announced Archer Evolv, an innovative SaaS solution that brings together transformative enhancements to help our clients transcend today’s challenges.
Archer Evolv incorporates deep learning AI capabilities to provide guidance and insights throughout the risk management program. Built on our SaaS platform, Archer Evolv is global, scalable, easy to integrate and mobile. Our clients can address emerging challenges and quickly leverage the capabilities they need throughout their business. With a next generation user experience and intelligent workflows, Archer Evolv empowers users at all levels with real-time data insights that guide them to make informed decisions and take action. Our compliance and risk solutions help clients turn siloed, reactive and transactional risk and compliance approaches into strategic, proactive and opportunistic business differentiators.
A key element of our strategy is our unmatched ability to automate staying informed about regulatory developments and anticipate changes that may impact operations, compliance obligations, and risk profiles. Bill outlined the transformative approach delivered by Archer Assurance AI as we announced last month. Bill also elaborated on the differentiated capabilities we have developed for risk quantification with Archer Insight and the expansion of capabilities of Archer RMIS AI.
The result is an integrated approach to risk, compliance and audit that transforms risk management programs from being seen as simply a cost center driving administrative overhead to a core business function that delivers strategic value.
Across industries, regulatory requirements are intensifying. Compliance teams must navigate stringent regulations, ensuring that compliance is not merely reactive but embedded into the organization’s culture and processes. At the same time, risk managers face the challenge of preparing for events that can cause sudden, widespread disruptions, from natural disasters to geopolitical events. Set against the background of New Orleans’ enigmatic charm and diverse influences, Day One was just the start as Archer Summit 2024 unveils more innovations that will help our clients unmask boundless opportunities lying beneath the surface of uncertainty.