Continuity’s Regulatory Operations Center® has released the second quarter 2019 Banking Compliance Index™ (BCI), revealing a 25% quarter-over-quarter increase in the level of effort required by financial institutions to keep up with regulatory change. A retrospective analysis of the data points collected over a fifteen year period indicates that the regulatory environment is stabilizing at levels comparable to 2008, before the financial crisis and ensuing Dodd-Frank Act regulations.
Continuity Adds State Regulatory Content to its Industry Leading Compliance Management Platform RegAdvisor® Pro
Continuity, a leader in the development and deployment of regulatory change management solutions for regulated financial institutions is announcing the addition of state regulatory content to its industry leading RegAdvisor® Pro platform. This new technology — RegAdvisor® Pro: State — will address a critical shift in the market.
Continuity, the leader in compliance change management solutions, recently released the Q1 2019 Banking Compliance IndexTM (BCI). The BCI held steady in Q1 2019, remaining on par with levels experienced in Q1 2017 and Q1 2018. These consistencies solidify new patterns in a climate of regulatory restraint from Federal regulators.
Continuity, a leading provider of automated compliance management technology for financial institutions, today announced that Irvine, Calif.-based First Foundation Bank has successfully gone live with Continuity’s RegAdvisor®Pro and RegControls™ solutions to streamline and standardize its compliance management process.
The Banking Compliance IndexTM (BCI) remained steady in Q3 2018, after nearly doubling from Q1 2018 to Q2 2018. The spike in regulatory activity from earlier this year demonstrates the significant impact of regulatory relief bill S.2155, which contained over 50 separate regulatory changes. Even though regulatory relief has been promised, financial institutions still have not experienced any regulatory lift.
The Connecticut Technology Council (CTC) and Marcum LLP today announce the 2018 Marcum Tech Top 40, the annual recognition of the fastest growing technology companies in Connecticut. This year’s group of top-ranked companies will be honored at the new ConnectiTECH Awards event at the Connecticut Convention Center on October 3. Continuity will be honored with 39 other companies and two accelerator award-winners as the class of 2018.
The Banking Compliance Index™ (BCI) nearly doubled from Q1 2018 to Q2 2018, revealing the significant impact of regulatory relief bill S.2155, which contained over 50 separate regulatory changes. This BCI increase reinforces that any change, whether adding or reducing regulations, translates to extra work for institutions.
Continuity, a provider of automated compliance management technology for financial institutions, today announced that $3.1 billion-asset, Affinity Federal Credit Union, the largest credit union headquartered in New Jersey and proudly serving the tri-state area, has implemented Continuity’s RegAdvisor®Pro and RegControls™ solutions to streamline and enhance its compliance management.
Continuity, a leading provider of automated compliance change management technology for financial institutions, announced today that the company has executed a credit facility with Accel-KKR to enhance their ability to execute on their long-term growth and more specifically their acquisition strategy.
The Banking Compliance IndexTM (BCI), revealed historically low regulatory activity in Q1 2018. While discussions around regulatory reform continued in Congress, little concrete action was taken last quarter, causing uncertainty about the regulatory environment for many financial institutions.