Voya Investment Management Chief Compliance Officer Kevin Gleason writes in CIOReview that technology “is a key component of asset management, integral to many aspects of the investment process including: compliance, risk management, client service, research, trading, and operations.” Forward-looking companies have taken the next step, investing in artificial intelligence, machine learning and distributed ledger technology. Gleason writes that these new technologies can also impact the role of the chief compliance officer, as they become more efficient and effective by automating manual processes, managing third part oversight, improving audit trails and better maintaining records. Gleason cites four key areas where tech can improve compliance: portfolio compliance, vendor oversight, books and records and regulatory change oversight. By using technology to improve these key areas, compliance officers can move from being reactive to taking a more proactive stance.