Independent Banks of South Carolina Select TriNovus as Preferred Provider for Compliance

BIRMINGHAM, Ala., June 6, 2011 /PRNewswire/ -- TriNovus, LLC (www.trinovus.com), a company focused on delivering technology solutions to the financial marketplace, announced today that it has been selected as a preferred provider of compliance assistance for the member banks of the Independent Banks of South Carolina (www.ibsc.org). TriNovus will deliver the compliance assistance through its TriComply solution.

TriComply is headed by Blair Rugh, one of the most pre-eminent experts in banking law with over 20 years experience in commercial and investment banking and a juris doctorate from Southern Methodist University. The service offers subscribing banks access to an online database full of compliance information and enables banks to submit questions and receive expert responses, as well as ask for a thorough review of advertisements and bank policies. Additionally, banks can view on-demand webinars on a variety of compliance topics and have access to a calendar of compliance deadlines and other pertinent information.

"Based on many years of professional association with TriComply's Blair Rugh, I am confident that he can bring a great deal of value to our member bankers in the area of compliance," said J. Allard Young, IBSC president. "As one can imagine, dealing with compliance issues is going to be one of community bank's major challenges, and we will need all of the quality assistance that we can get. Blair has a history of providing that level of service," he said.

TriNovus currently provides its TriComply compliance services to over 400 banks throughout the United States.

David Brasfield, CEO of TriNovus welcomes the opportunity to provide compliance assistance to IBSC member banks in South Carolina. "Right now compliance is top of mind for financial institutions," said Brasfield. "For the IBSC to select TriNovus as a preferred compliance provider means that we are doing our job well and that TriComply has a good reputation in the banking industry. When IBSC and similar organizations put their trust in us, it only makes us want to work harder to provide the banks with the best compliance advice and assistance available," he said.

Independent Banks of South Carolina

The Independent Banks of South Carolina is an association of 40 locally owned and operated banks in South Carolina that promotes the interests and general welfare of the independent banks within the state. For more information visit www.ibsc.org.

About TriNovus

TriNovus, a Birmingham, Ala.-based company, was founded with the goal of delivering technology solutions to the financial marketplace. The TriNovus product suite currently consists of solutions addressing compliance, stress testing, vendor management and distressed assets. TriNovus recently completed an acquisition of eBank Systems, LLC and now offers core processing and associated services through its eBank data center. For more information on TriNovus, visit www.trinovus.com or contact David Brasfield at 205.991.5636 or [email protected].  

Contact: David Brasfield, TriNovus
(205) 991-5636 [email protected]

Chris Smith, Independent Banks of South Carolina
(803)772.5354 [email protected]

SOURCE TriNovus, LLC