Compliance Risk Concepts Partners With FinWebTech In Compliance Software Co-Branding Agreement
New Automated Compliance Technology Software, Catalyst set to improve operations for Financial Services Industry through process automation
NEW YORK, June 22, 2015 /PRNewswire/ -- In a non-exclusive agreement, Compliance Risk Concepts (CRC) to co-brand Catalyst, the premier automated compliance solution developed by FinWebTech.
New Compliance Automation Technology
"With the explosion of new regulatory rules after the financial crisis, it has become extremely difficult for financial services firms to dedicate appropriate resources to maintain a strong culture of compliance, ethics, and risk management," said Mitch Avnet, Founder and Managing Partner of CRC. "I welcome a tool like Catalyst, as it provides a 360-degree view that fits the bill for Broker-Dealers and Registered Investment Advisors looking for a cost effective automated solution."
Empowered by CRC's expertise and commitment to maintaining a strong risk management culture, FinWebTech is excited for the opportunity to have CRC co-brand Catalyst.
Developed By Chief Compliance Officer
"As an industry professional with years of experience as a Chief Compliance Officer my vision with Catalyst was to fill a hole and provide much-needed compliance automation technology developed through the eyes of an experienced compliance professional," said Don Lee, Founder/ Chief Executive Officer of FinWebTech. "We are excited that CRC shares in our vision and optimistic about future growth opportunities."
Developed with input from ex-regulators from FINRA and the Securities Exchange Commission (SEC), Catalyst features algorithms and compliance processes like:
- Supervisory Task Manager
- Trade Surveillance
- AML Surveillance
- Document Library
- Risk Monitoring and Scoring
CRC introduces Catalyst to their clients this month as part of their Compliance Risk Management products and services.
About FinWebTech
Headquartered in Miami, Florida.
FinWebTech is a Service as a Solution (SAAS) software firm providing cost effective and efficient automated technology solutions for the financial industry. FinWebTech's premier product Catalyst provides compliance and AML automation for the financial community assisting firms in managing their compliance and risk programs.
About Compliance Risk Concepts
Headquartered in New York City and locations in Parsippany, NJ, Chicago, IL, and Westport, CT. The Compliance Risk Concepts team of senior compliance consultants and executives provide clients with the critical skills and expertise required to establish, maintain and enhance a balanced and effective compliance operational risk management program.
SOURCE Compliance Risk Concepts
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