Regulatory Intelligence Deploys Branch Audit Platform to Oppenheimer & Co.

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Regulatory Intelligence Compliance Solutions Inc.

Jun 27, 2017, 06:45 ET

ALLENDALE, N.J., June 27, 2017 /PRNewswire/ -- Regulatory Intelligence Compliance Solutions Inc. (RICS) is pleased to announce that they have successfully deployed their RICS Regulatory Change Management System™ for Oppenheimer to utilize for their branch audit process. The RICS Regulatory Change Management System™ monitors change, alerts the organization to risk conditions, and enables accountability and collaboration around changes impacting the firm; this requires a common process to deliver real-time accountability and transparency across regulatory areas. The Regulatory Intelligence process completely manages FINRA Rule 3110(c) branch office/internal inspections.

"We're confident that the RICS Platform streamlines Oppenheimer's Branch Audit process in addition to managing regulatory changes and our firm's policies and procedures as it relates to keeping our program up to date," states Douglas Siegel, Managing Director, Chief Compliance Officer of Oppenheimer & Co. Inc. Adding: "The unique financial advisor application and reporting available provides extremely efficient results for a very arduous task; the onboarding process was quick and seamless in that RICS provided secure hosting and testing, all tailored to our specific needs."

"RICS is delighted to partner with a marquis Broker-Dealer such as Oppenheimer," adds Donna Sardanopoli, President of Regulatory Intelligence Compliance Solutions Inc. She continues, "We pride ourselves in our expertise in this space. It is better to excel at a few things than be mediocre at many things as evidenced with the effectiveness of our platform.

About Regulatory Intelligence Compliance Solutions Inc.:
Regulatory Intelligence Compliance Solutions Inc., is an innovator for compliance products and services for financial services firms. Their solutions help guide compliance strategy, minimize risk and lower costs. Regulatory Intelligence is founded by former FINRA Securities Regulators and industry Compliance Professionals with extensive experience in Broker-Dealer compliance. The firm specializes in Securities Regulation (FINRA, NYSE, SEC, BSA), Compliance product development, Mock Regulatory Audits, and Regulatory Exam Preparation. In addition, RICS has been contracted by the Securities and Exchange Commission (SEC) to train the Office of Compliance, Inspections and Examinations (OCIE) examiners on how to perform effective Regulatory Branch Examinations. Visit www.regulatoryintelligence.com for more information

Contact for Regulatory Intelligence Compliance Solutions Inc.:
Donna Sardanopoli, President at (201) 995-0986 or donnas [at] regulatoryintelligence.com

SOURCE Regulatory Intelligence Compliance Solutions Inc.