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.”