NEW HAVEN, Conn., April 10, 2018 (GLOBE NEWSWIRE) -- Continuity, a leading provider of automated compliance management technology for financial institutions, announced today that IBERIABANK, headquartered in Lafayette, Louisiana, has selected Continuity’s RegAdvisor®Pro, RegControls™ and ControlsBuilder™ solutions to help manage and address its compliance management needs.
Continuity’s RegAdvisor®Pro, RegControls™ and ControlsBuilder™, provide the bank a centralized platform with the ability to know what regulation updates impact them. “Recognizing a need for efficiencies in their existing compliance management process, IBERIA stays ahead of the curve by proactively planning for scalability,” said David Bagley, chief revenue officer of Continuity. “Just as IBERIABANK has diversified and expanded their footprint in retail and commercial banking, our technology will help to transform IBERIA’s approach to regulatory compliance.”
IBERIABANK was seeking a comprehensive approach to their Compliance Management System (CMS) and Continuity’s solutions provide a customized CMS with universally accepted and custom controls along with the reporting functionality that the bank needed. “IBERIABANK is excited about the opportunity to partner with Continuity to enhance the effectiveness efficiency of our Compliance Management System,” stated Loring Muir, EVP, chief compliance officer of IBERIABANK.
“Our mission at Continuity has been to invest and innovate for our clients in an environment where the intensity on compliance management continues to grow,” stated Mike Nicastro, chief executive officer of Continuity. Mr. Nicastro continued, “We are honored to have been chosen to partner with a significant innovator like IBERIABANK as the industry as a whole takes on the growing complexities of compliance and compliance management.”
About IBERIABANK
IBERIABANK Corporation is a regional financial holding company with offices in Louisiana, Arkansas, Tennessee, Alabama, Texas, Florida, Georgia, and South Carolina, offering commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, mortgage, and title insurance services.
The Company's common stock trades on the NASDAQ Global Select Market under the symbol "IBKC". For more information about IBERIABANK, visit IBERIABANK.com.
About Continuity
New Haven, Connecticut-based Continuity is a 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. Continuity’s 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 the United States and its territories. For more information about Continuity, visit Continuity.net.