Complinet: New Focus for Regulated Firms - How to Manage and Anticipate Changes
Compliance experts gather at Complinet’s 3rd Annual US Customer Summit
NEW YORK – November 3, 2009 – Complinet, the leading provider of connected risk and compliance solutions for the global financial services industry, held its 3rd Annual US Customer Summit in New York City on October 30, 2009. Topical discussions focused on the need to map anticipated regulatory changes into operational systems and controls as well as the solutions that compliance professionals need in place to be best prepared.
Speaker panels on the day consisted of financial services industry experts from governmental and industry bodies including the Department of Homeland Security, the Financial Industry Regulatory Authority (FINRA), the Federal Reserve Bank of New York as well as leading firms such as Deutsche Bank Securities, Morgan Stanley, E*Trade Financial, Grant Thornton, Deloitte Financial Advisory Services LLP and others. A wide range of topics were discussed including regulatory reform for broker-dealers, the roadmap to Federal Reserve regulation, fighting the next war in financial crime and the new environment and priorities for regulatory exams.
Paul Johns, Vice President of Global Markets at Complinet said, "The summit revealed that everyone is expecting financial regulatory reform on many fronts and customers are investing the time and budget into best practice compliance. The increasing regulatory pressures mean an increase in risk and it's important, now more than ever, to ensure proper compliance procedures and solutions are in place to manage compliance most effectively."
About Complinet
Complinet is the leading online provider of connected risk and compliance solutions to the global financial services community.
Complinet's cost-effective range of services includes a 'complete' service that delivers insight and interpretation of regulatory risks and developments. Our portfolio also helps firms to screen their clients, manage their policies and train their staff.
Complinet was founded in 1997 and employs more than 200 people in its offices in New York, London, Sydney, Melbourne, Singapore and Dubai. Every day, industry professionals in more than 1,800 firms across 81 countries rely on Complinet as their information partner for ongoing analysis and solutions that help them keep pace with changing regulations.
