Quantivate Announces the Release of Compliance Smart for Credit Union Compliance

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October 19, 2011
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Quantivate Announces the Release of Compliance Smart for Credit Union Compliance

WOODINVILLE, Wash., Oct. 19, 2011 /PRNewswire/ -- Quantivate, a leading provider of cloud-based Continuity, Risk and Compliance software, in partnership with the law firm Farleigh Wada Witt, today announced the release of Compliance Smart for credit union compliance.

Compliance Smart is a fully integrated cloud-based software solution that enables Credit Unions to cost-effectively manage regulatory compliance activities throughout the organization. With Compliance Smart credit unions can:

    --  Access a comprehensive regulatory compliance system and support
        services,
    --  Manage compliance changes with integrated, automated workflow tools,
        alerts and links,
    --  Rely on daily regulatory monitoring of financial regulatory changes ,
    --  Receive automatic compliance alerts analyzing new laws and credit union
        impacts,
    --  Manage forms compliance updates, member complaints and examination
        responses
    --  Use integrated tracking schedules and customized management reports ,and
    --  Access a comprehensive compliance resource library including a
        collaborative policy exchange.

"Credit Unions and other financial institutions are facing unparalleled challenges in cost-effectively managing compliance with the growing number and complexity of regulations," said Andy Vanderhoff, CEO of Quantivate. "We are excited to be working with the Farleigh Wada Witt law firm to bring this comprehensive compliance solution to credit unions. The ability to manage and track compliance within a single platform that is both efficient and cost-effective is exactly what our credit unions have been requesting from us."

"Credit Unions need immediate compliance and organizational support but simply do not have the resources to add more compliance staff," said Brian Witt, partner at Farleigh Wada Witt. "Compliance Smart solves this dilemma, providing credit unions with the right tools to gain more oversight with less overhead."

Availability

Compliance Smart is immediately available. Please contact sales@quantivate.com, call 1-800-969-4107. Visit http://www.quantivate.com/compliance_smart.php for more information.

About Farleigh Wada Witt

Farleigh Wada Witt represents credit unions nationwide in all areas of operations and regulatory compliance matters and provides comprehensive forms packages and compliance programs to credit unions. Farleigh Wada Witt is a leading credit union law firm of 23 attorneys providing a full range of legal services to credit unions, CUSOs and financial service providers.

About Quantivate

Founded in 2005 and headquartered in Woodinville, WA, Quantivate is a leading provider of cloud-based Continuity, Risk and Compliance software and service solutions. The company has grown to become a leading provider of software that organizations in multiple industries use to manage their continuity, risk, security and compliance needs. Customers include local, national, and international organizations such as Banner Bank, Ixtens, Alaska Airlines, World Vision, and the office of the Oregon Secretary of State.

SOURCE  Quantivate

Quantivate

CONTACT: Dan Banning, Director of Marketing of Quantivate, PO Box 1504, Woodinville WA, 98072, dan.banning@quantivate.com, +1-425-296-2416

Web Site: http://www.fwwlaw.com

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