In the dynamic realm of fund administration, compliance and robust internal controls are the cornerstones of financial integrity and investor trust. Michelle Marschel, with over 20 years of expertise in financial management and auditing, underscores the necessity of a proactive compliance mindset, emphasizing anticipation over reaction to regulatory shifts. Through best practices like quarterly compliance reviews, the integration of automated monitoring systems, and fostering a culture of accountability, Marschel demonstrates how fund administrators can mitigate risks and maintain operational excellence. Her insights highlight the transformative role of technology in streamlining processes and enhancing transparency, ensuring that firms not only meet regulatory demands but also build enduring investor confidence.

A strong compliance framework is essential for navigating today’s complex regulatory landscapes. Organizations must not only understand and interpret relevant laws and standards but also translate them into actionable policies supported by robust internal controls, ongoing training, and proactive risk assessments. Technology, including compliance management software and AI-driven monitoring, can significantly enhance oversight, but it must be paired with human judgment and ethical leadership. Ultimately, the foundation of effective compliance lies in cultivating a culture of accountability and integrity, where regulations are embraced as a strategic priority rather than an afterthought.

Valerie Towery is an accomplished financial services compliance executive with extensive experience in regulatory compliance, risk management, and operational efficiency. As Vice President and Chief Compliance Officer at Visa Global Services Inc., Valerie oversees AML/BSA compliance and manages teams across the U.S. and the UK, driving initiatives to enhance compliance frameworks and mitigate financial crime risks. Her expertise spans a range of financial sectors, having held leadership roles at Worldpay, SquareTwo Financial, and Western Union, where she developed and implemented robust compliance programs, navigated complex regulatory landscapes, and optimized compliance operations. A U.S. Army Reserve veteran and fluent Russian speaker, Valerie’s global cultural awareness, strategic insight, and commitment to ethical standards continue to make a significant impact in the financial services industry.