In The News

Financial institutions forced to process over 6,000 pages of regulatory changes

New Haven, CT — The Board of Directors of Continuity, a leading provider of compliance management and regulatory technology, today announced that Howard Pitkin, the former Commissioner of Banking for the State of Connecticut, has been elected to the company’s board of directors. The addition of Mr. Pitkin to the company’s board was announced by Chief Executive Officer and Director Michael Nicastro.

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The leader in Compliance Management shows continued growth supporting credit unions

New Haven, CT — Continuity, who has always served credit unions by providing them with the most valuable and useful tools in the compliance industry, is exhibiting at the Credit Union National Association’s Governmental Affairs Conference (CUNA GAC) in Washington, D.C. from February 26th - March 2nd. 

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Financial institutions forced to process over 6,000 pages of regulatory changes

New Haven, CT — After issuing fewer than 80 regulatory changes in each of the first three quarters of 2016, financial regulators concluded 2016 by introducing 115 regulatory changes in the fourth quarter. These changes were spelled out across 6,057 pages that took financial institution employees over 800 hours to process.

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New Leadership and product advancements spurring record revenue and client acquisition

New Haven, CT — Continuity, the leading provider of Regulatory Technology (RegTech) solutions for financial institutions, has surpassed growth expectations through August and is on pace for record-breaking results in 2016.

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Financial technology veteran, Michael Nicastro to assume the role of Interim CEO

New Haven, CT — Andy Greenawalt, founder & chief executive officer of Continuity, and a pioneer in the RegTech sector of financial technology, has been appointed chairman of the board and has stepped down as CEO of the company. In addition, the board has announced that board member, Michael Nicastro, an industry veteran will step in as Interim CEO.

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Enforcement rate drops below 10 percent for first time in five quarters

New Haven, CT — After levying record numbers of enforcement actions against financial institutions (FIs) in recent quarters, regulators eased enforcement activity slightly in 2016’s second quarter.

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Enforcement rate against financial institutions tops 10 percent for fifth straight quarter

New Haven, CT — After issuing a record number of regulatory changes in 2015, regulators levied more enforcement actions against financial institutions (FIs) in Q1 2016 than in either of the preceding two quarters, signaling escalating pressure in the already “hot” enforcement climate.

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Ramsey, NJ, Richardson, TX – All Covered — a division of Konica Minolta Business Solutions USA, Inc. (Konica Minolta) and Continuity, a leading provider of Regulatory Technology (RegTech) solutions for compliance automation, today announced a strategic partnership. Leveraging Continuity’s expertise in regulatory compliance and SaaS technology, together with All Covered’s IT and Information Security solutions, the partnership creates one of the most compelling IT/IS Compliance platforms available.

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On the back of record revenues, company expands offices and recruits veteran SaaS sales leader

New Haven, CT — Following Continuity’s successful recent launch of its regulatory change management tool, RegAdvisor Pro™, the company experienced explosive growth in both revenue and new client acquisition, making Q4 2015 a record quarter.

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