NEW HAVEN, Conn., Feb. 23, 2017 (GLOBE NEWSWIRE) -- Continuity, who has always served credit unions by providing them with the most valuable and useful tools in the compliance industry, is exhibiting at the Credit Union National Association’s Governmental Affairs Conference (CUNA GAC) in Washington, D.C. from February 26th - March 2nd. Continuity is fully committed to easing the burden of compliance and removing barriers for credit unions; a commitment Continuity has clearly demonstrated by increasing the number of credit unions it serves by 50% in the last 12 months alone. New clients include Chevron Federal Credit Union, One Nevada Credit Union, and Interra Credit Union to mention a few.
“In addition to our new credit union clients, we are excited to announce that a majority of our credit unions that were up for renewal have re-signed as clients for three more years,” said Continuity Vice President of Marketing Noel May. “Their reliance on Continuity shows just how effective our tools are for them and the value they see in our products to want to continue to reinvest. Financial institutions are trying to find new ways to manage the endless cycle of compliance processes. As regulatory changes come faster and faster, they need ways to keep up. Continuity allows them to do so effectively and efficiently.”
The reason for Continuity’s success in the credit union space is its suite of compliance management solutions designed for the regulatory challenges credit unions face. To help alleviate the overwhelming burden of compliance management on small institutions, Continuity’s automated solutions provide clients with:
- Automated alerts that provide a summary and interpretation of each regulatory change that affects their credit union
- Implementation plans and tools to complete them for all regulatory updates and;
- Access to Continuity’s team of attorneys, CU compliance experts, former examiners, CRCMs, regulators and compliance officers through Continuity’s Regulatory Operations Center® (ROC)
Rose Murphy, Director of Internal Audit and Compliance for the Atlantic Regional Federal Credit Union, added, “Compliance doesn’t need to impact how we are serving members’ needs or adding value to the organization or any product or service we provide. By embedding Continuity's compliance platform across our credit union, we are managing compliance in a different way allowing us to put that extra time and resources into bringing additional value to our members.”
Continuity continues to recognize the specific regulatory challenges that credit unions face as opposed to those that affect banks and the significance of CUNA GAC for political impact in the credit union industry. It is excited to be a part of such an important and influential event for credit unions and to share its knowledge and expertise with a network of industry leaders. Attendees of the conference can find Continuity at Booth 380 where they can request a one-on-one demo of its compliance management solutions.
Pre-register for your Continuity demo at CUNA GAC 2017 by clicking here.
About Continuity
Continuity is a leading provider of Regulatory Technology (RegTech) solutions that automate compliance management for financial institutions of all sizes. By combining regulatory expertise and cloud technology, Continuity provides a proven way to reduce regulatory burden and mitigate compliance risk at a fraction of the cost. Our solutions are designed to automate all aspects of compliance management, from interpretation of regulatory issuances through intuitive task delegation, vendor management, and board reporting. Continuity serves hundreds of institutions across 40 states.
To learn more about regulatory change management, visit Continuity’s website.