Recent research from Accuity indicates that banks struggle with the time required for staff to perform manual repetitive compliance tasks. Labor still accounts for the largest cost of compliance functions. Management tends to view compliance functions as cost centers, rather than profit generators, while regulatory changes drive bank behavior. Most people today understand the power of a data-driven approach when it comes to their recent online shopping behavior: we purchase goods online and our preferred vendor will offer us previously bought goods that might complement our purchase. The more data this algorithm has, the easier it can make predictions and recommendations for users.