|[February 07, 2013]
Compliance Assurance Corporation Recognized as GRC Technology Innovator
PITTSBURGH --(Business Wire)--
Compliance Assurance Corporation (CAC), a leading provider of regulatory
compliance solutions for the insurance industry, has announced that the
firm has received a 2013 GRC Technology Innovation Award in recognition
of Compliance Idea eXchange - a new feature of its flagship platform,
Comply On Demand Enterprise (CODE). The award is presented by noted GRC
advisory firm, GRC 20/20 Research.
"The award is meant to recognize the organizations that are
revolutionizing the GRC market and delivering truly game-changing
capabilities to their clients. With Compliance Idea eXchange, CAC is
enabling users to drive innovation in the insurance vertical, and beyond
that, spreading innovation by making those capabilities available to the
rest of its clients in the form of applications," said Michael
Rasmussen, President, GRC 20/20 Research.
"The inspiration for Idea eXchange comes from interactions with our
customers. We saw a trend: ourusers were coming to us with new and
exciting ways to use the CODE platform. Many of these were uses we had
never considered; Customer Satisfaction Survey and AML Training are two
examples. Idea eXchange is our way of capturing client-driven
innovations and making them available to the broader community of CODE
users," said Jerry Shafran, President and CEO of Compliance Assurance
Corporation. "Recognition from an organization like GRC 20/20 is
validation that this is a truly innovative model for driving more value
to our customers," he continued.
Compliance Idea eXchange is designed to tap into the collaborative
nature of the compliance community within insurance, and to give CODE
users access to applications that improve the way that many common
compliance and business functions are performed.
Compliance Idea eXchange is now available as part of Comply On Demand
Compliance Assurance Corporation (CAC) delivers workflow-enabled
technology solutions that automate and simplify tasks related to
regulatory compliance. The firm's flagship platform, CODE, provides the
combination of regulatory intelligence and a comprehensive framework for
managing regulatory changes across the organization, and it has been
implemented by some of the nation's largest P&C and Life insurance
companies. Compliance Assurance Corporation is a division of StoneRiver
Risk and Compliance.
For more information on Compliance Assurance Corporation and Comply On
Demand Enterprise™, visit www.complyfast.com
or call 1-877-690-6201.
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