June 12, 2013
In an effort to offer financial institutions a simplified approach to the compliance process, Computer Services Inc., a provider of end-to-end technology solutions for FIs and businesses, has introduced ComplianceNet. The new service provides access to a dedicated help desk whose professional staff can address and resolve questions about regulatory compliance issues.
The email-based application serves as an extension of an FI's existing internal compliance team. The application automatically routes user-submitted questions to the compliance team and returns an email response from a CSI compliance expert within 24 business hours.
Institutions can also submit advertising materials and drafted policies to the team for review and feedback.
Additional features include access to the following:
"Regardless of asset size or specific area of focus, compliance will always play a pivotal role in the success or failure of any financial institution," said Tom Fedell, president and general manager of the CSI regulatory compliance division. "As a company, we strive to provide our customers with solutions like ComplianceNet that not only enable them to manage compliance and other complex processes more efficiently, but also improve the success of their business in the future."
Read more about regulatory issues.