RegEd to Showcase Enterprise Compliance Solutions at 2019 FSI OneVoice Conference

Attendees will have the opportunity to learn how RegEd enables clients to efficiently meet compliance and registration obligations while presenting a unified enterprise view of requirements.

Raleigh, NC, Jan. 25, 2019 (GLOBE NEWSWIRE) — RegEd, the leading provider of compliance technology solutions to broker-dealers and other financial services firms, is pleased to announce its participation in the Financial Services Institute (FSI) OneVoice conference in New Orleans, LA, January 28-30, 2019.

The FSI OneVoice conference is an educational forum for broker-dealer home office executives. This year’s event will offer more than 25 sessions on topics including conflicts of interest, cybersecurity, technology, outside business activities and new regulatory developments. Presenters and panelists include regulators, senior executives from leading financial services firms and industry subject matter experts.

During the conference RegEd will showcase a set of enterprise solutions that enable firms to ensure a culture of compliance in today’s rapidly evolving regulatory environment:

RegEd SCORE® Risk Control Center: Aggregates data to present a real-time view of compliance and credentialing status and requirements, at the enterprise or employee level.

Gifts, Gratuities and Contributions Management: Expanded capabilities enable global enterprise gifts and entertainment tracking and management, including: automated contact management, threshold tracking, automated alerts, and more.

Enterprise Advertising Review: Enable a workflow-driven process to streamline advertising and customer communication submission, review, collaboration and approval, speeding time to market for review items.

Registration and OBA: Streamline registration compliance across the enterprise, including end-to-end OBA tracking and reporting. Integrations automate filing and reconciliation of amendments and background investigations.

John M. Schobel, Chief Executive Officer at RegEd, commented, “The need for a holistic view of compliance and risk is the key driver causing industry firms to consolidate compliance technology in favor of an enterprise approach. RegEd’s enterprise compliance platform and wide breath of compliance solutions enable our clients to establish a central compliance portal that provides their advisor and employee population with a full view of compliance requirements and status while providing the firm with the critical views needed to reduce overall risk for the firm.”

RegEd representatives will be on-site to meet with conference attendees to understand their compliance challenges and discuss solutions that enable broker-dealers and other financial services firms to meet compliance requirements and proactively manage their compliance program.

The RegEd conference exhibit will be located at booth #212 in the conference’s main exhibitor hall at the New Orleans Marriott. For more information on RegEd or its attendance at the FSI OneVoice conference, please call 800-334-8322 or email sales@reged.com.

About RegEd

RegEd is the market-leading provider of RegTech enterprise solutions with relationships with more than 200 enterprise clients, including 80% of the top 25 financial services firms.

Established in 2000 by former regulators, the company is recognized for continuous regulatory technology innovation with solutions hallmarked by workflow-directed processes, data integration, regulatory intelligence, automated validations, business process automation and compliance dashboards. The aggregate drives the highest levels of operational efficiency and enables our clients to cost-effectively comply with regulations and continuously mitigate risk.

Trusted by the nation’s top financial services firms, RegEd’s proven, holistic approach to RegTech meets firms where they are on the compliance and risk management continuum, scaling as their needs evolve and amplifying the value proposition delivered to clients.For more information, please visit www.reged.com.

Madelyn Matthews
919-653-5202

Gryphon Investors to Acquire RegEd, Inc.

Gryphon Investors (“Gryphon”), a San Francisco-based middle-market private equity firm, today announced that it has signed a definitive agreement to acquire RegEd, Inc. (“RegEd” or “the Company”), the leading provider of compliance and regulatory management services for insurance companies, broker-dealers, banks, and other financial services companies. Founder and CEO John Schobel and other members of RegEd’s management team, as well as current majority owner Falfurrias Capital Partners, will retain an equity ownership in the Company. Mark Schlageter, Gryphon Executive Advisory Board Member and former Thomson Reuters Chief Customer Officer, will be the Chairman of RegEd. The transaction closed on December 20, 2018 and financial terms were not disclosed.

Founded in 2000 and headquartered in Raleigh, North Carolina, RegEd provides SaaS-based enterprise solutions through a suite of over 25 separate software modules to more than 200 blue-chip customers, including 80% of the top 25 financial services firms. RegEd’s comprehensive suite of compliance automation, regulatory change management, and licensing and registration software solutions is focused on the broker-dealer, insurance, and banking end markets, and has broader corporate compliance applications as well.

Alex Earls, Partner and head of the Business Services Group at Gryphon, said, “RegEd is a strong fit with our ongoing initiative focused on investing in market leading businesses within the Governance, Risk, and Compliance (“GRC”) sector. John Schobel and his management team have built a high-quality business and we are excited to partner with them to support the Company’s continued growth both organically and through acquisitions.”

Mr. Schlageter, who has partnered with Gryphon since 2017 and is a recognized expert in GRC SaaS, added, “RegEd has consistently proven that it drives discernible value with its customers via technological approaches to compliance that are cutting edge. RegEd’s mission critical workflow-embedded solutions provide customers a positive ROI, resulting in high levels of customer stickiness and a strong platform for future innovation and growth. I very much look forward to working with John Schobel and his team.”

Mr. Schobel stated, “We are very excited for RegEd’s next phase. Gryphon has a demonstrated legacy of partnering with its portfolio companies to help them successfully achieve their next stage of growth. With nearly 20 years of creating solutions to help our clients manage compliance, mitigate risk, and drive efficiency in their operations, we know there is an even greater opportunity to serve our clients and industry. Gryphon is the ideal partner to help us achieve that vision.”

Evercore and Baird served as financial advisors to Gryphon and Raymond James acted as the exclusive financial advisor to RegEd. Morrison & Foerster, LLP acted as the legal advisor to Gryphon and McGuire Woods acted as the legal advisor to RegEd.

About RegEd
RegEd is the market-leading provider of RegTech enterprise solutions with relationships with hundreds of enterprise clients, including 80% of the top 25 financial services firms.

Established in 2000 by former regulators, the company is recognized for continuous regulatory technology innovation with solutions hallmarked by workflow-directed processes, data integration, regulatory intelligence, automated validations, business process automation, and compliance dashboards. The aggregate drives the highest levels of operational efficiency and enables our clients to cost-effectively comply with regulations and continuously mitigate risk.

Trusted by the nation’s top financial services firms, RegEd’s proven, holistic approach to RegTech meets firms where they are on the compliance and risk management continuum, scaling as their needs evolve and amplifying the value proposition delivered to clients. For more information, please visit www.reged.com.

About Gryphon Investors
Based in San Francisco, Gryphon Investors (www.gryphoninvestors.com) is a leading private equity firm focused on profitably growing and competitively enhancing middle-market companies in partnership with experienced management teams. The firm has managed over $4.5 billion of equity investments and capital since 1997. Gryphon targets making equity investments of $50 million to $200 million in portfolio companies with sales ranging from approximately $100 million to $500 million. Gryphon prioritizes investment opportunities where it can form strong partnerships with owners and executives to build leading companies, utilizing Gryphon’s capital, specialized professional resources, and operational expertise.

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RegEd to Showcase Enterprise Compliance Solutions at 2018 NSCP National Conference

RegEd to Showcase Enterprise Compliance Solutions at 2018 NSCP National Conference

Attendees will learn how RegEd enables hundreds of clients to efficiently meet compliance obligations associated with conflicts of interest, advertising review, branch audits, employee risk monitoring, onboarding and licensing and registration

RegEd, the leading provider of compliance technology solutions to the financial services industry, is pleased to announce its participation in the 2018 National Society of Compliance Professionals (NSCP) National Conference in Atlanta, GA, on October 29-31, 2018.

Recognized as one of the most comprehensive educational offerings within the securities compliance industry, the NSCP National Conference offers more than 60 sessions, covering topics that are relevant to investment advisers, broker-dealers, private funds and investment companies. This year, the conference agenda will focus on recent regulatory developments and hot-topics such as enforcement trends, cybersecurity, and compliance best practices.

“Regulators are increasingly holding firms accountable for maintaining a holistic program for rigorous rep supervision. At the same time, the war for talent acquisition and retention creates pressure to deliver a seamless rep experience when it comes to compliance,” stated John M. Schobel, CEO & Founder of RegEd. “As a result, we see the industry moving toward a single platform approach that delivers a comprehensive set of tools to manage compliance, automates risk identification and delivers a simplified user experience. We look forward to the chance to meet with attendees and discuss the ways that RegEd enables our clients to manage these challenges.”

RegEd representatives will be on-site during the conference to highlight the firm’s innovative enterprise compliance solutions:

Advertising Review: Streamlines the end-to-end processes for advertising and customer communication submission, review, collaboration and approval, reducing time to market for marketing and sales initiatives. The solution fully supports SEC 17(a)-4 compliance.

Branch Audits: Enables firms to fully plan, schedule, conduct, resolve and report on branch audits. Significantly reduces manual and paper-driven processes, creating a seamless and efficient end-to-end process for branch audit reviews.

Conflicts of Interest: Integrated solutions that enable firms to seamlessly monitor, identify and remedy conflicts of interest and code of conduct issues among the firm’s registered population. Includes expanded, industry-leading capabilities to manage Gifts, Gratuities & Contributions.

Onboarding, Licensing and Registration: Unified solution is powered by an extensive compliance rules engine, and enables firms to seamlessly manage and track representatives’ licensing and registration, compliance and education requirements. Data-reuse, automatic validations, and complex hierarchy management simplify onboarding across distribution channels.

RegEd SCORE® Risk Control Center: Configurable compliance dashboards deliver clear, comprehensive views into the status of compliance requirements at the company level or specific to the individual.

RegEd is exhibiting at the conference and can be located at Booth #8 in the main exhibit hall of the Omni Atlanta Hotel. For more information on RegEd or its attendance at the 2018 NSCP National Conference, please call 800-334-8322 or email sales@reged.com.

RegEd Compliance Thought Leaders to Participate in 29th Annual SILA National Education Conference

RegEd Compliance Thought Leaders to Participate in 29th Annual SILA National Education Conference

RegEd subject matter experts will contribute to multiple conference sessions and will be considered for awards in recognition of leadership and service to the Industry

RegEd, the leading provider of compliance technology solutions to the financial services industry, including Xchange, the market-leading Enterprise Licensing and Registration solution, will participate in the 2018 SILA National Education Conference in Indianapolis, IN on Sept. 30-Oct. 3, 2018.

The conference will provide more than 40 substantive sessions and an educational forum for attendees to address current industry challenges, discuss licensing and registration best practices, and build their overall compliance knowledge. John M. Schobel, RegEd CEO & Founder, stated, "RegEd has supported the SILA mission for nearly two decades and had the honor of receiving the Organization of the Year Award at last year’s annual conference. We look forward to continuing our committed partnership and support of SILA’s commendable charitable initiatives.”

A number of RegEd compliance thought leaders and subject matter experts are nominated for SILA awards and will participate in sessions during the conference. Margie Webber, Governance Chair on the SILA Board of Directors and a Senior Member of RegEd's Regulatory Affairs Group, will facilitate the Securities Open Forum discussion and will moderate the Legislative Update Panel. Ann Robinson has been nominated for the Bruce Saenger Education Award, for which nominees demonstrate a passion for insurance and/or securities related education topics including pre-licensing/pre-registration, continuing education, and professional development. Susan Boles, RegEd Senior Regulatory Compliance Analyst, is a nominee for the President’s Award, which recognizes a highly involved and tireless member with line-specific concentrations. In addition, Boles will be facilitating the Adjuster Open Forum.

During the conference, RegEd will feature enterprise solutions for credentialing, contracting/onboarding and appointment processing:

Alerts 2.0: The industry’s only fully automated licensing data reconciliation and management solution.

Onboarding / Contracting Automation: Eliminates manual oversight of the onboarding / contracting process.

Credentialing Validation: Real-time validations with order entry / trading systems and regulatory and industry gateways.

Smart Appointments: Enables straight-through appointment processing based on the firm's unique business rules.

RegEd representatives will be onsite to meet with conference attendees to understand their compliance and licensing challenges, and discuss solutions that enable firms to meet compliance requirements and proactively manage their compliance program and licensing operations. RegEd booths 22 and 23 will be located in the White River Ballroom of the JW Marriott.

About RegEd

RegEd is the market-leading provider of RegTech enterprise solutions with relationships with hundreds of enterprise clients, including 80% of the top 25 financial services firms.

Established in 2000 by former regulators, the company is recognized for continuous regulatory technology innovation with solutions hallmarked by workflow-directed processes, data integration, regulatory intelligence, automated validations, business process automation and compliance dashboards. The aggregate drives the highest levels of operational efficiency and enables our clients to cost-effectively comply with regulations and continuously mitigate risk.

Trusted by the nation’s top financial services firms, RegEd’s proven, holistic approach to RegTech meets firms where they are on the compliance and risk management continuum, scaling as their needs evolve and amplifying the value proposition delivered to clients.

RegEd to Showcase Enterprise Compliance Management Solutions at AICP Annual Conference 2018

RegEd to Showcase Enterprise Compliance Management Solutions at AICP Annual Conference 2018

Annual conference is the premier event for insurance compliance professionals, attracting more than 700 attendees

RegEd, the leading provider of compliance technology solutions to insurance companies, broker-dealers and other financial services firms, is pleased to announce its participation in the Association of Insurance Compliance Professionals’ (AICP) Annual Conference 2018 in Nashville, TN, Sept. 23-26, 2018.

The 31st AICP Annual Conference will host over 700 insurance compliance professionals from Property and Casualty and Life and Health companies. The program will offer more than 60 educational sessions including the evolving regulatory environment, cybersecurity, and market conduct. Presenters and panelists include senior compliance executives from leading insurers, as well as subject matter experts and industry regulators.  Michael Pouliot, Senior Vice President, Sales, RegEd, will moderate a panel discussion on “The Compliance Department of the Future,” where panelists will discuss NAIC innovation and technology initiatives and working groups exploring the impact of innovation and advanced technologies on compliance programs. The discussion will also showcase some of the technology programs underway at the Virginia Bureau of Insurance.

During the conference RegEd will showcase its Enterprise Compliance Management Platform. The platform supports an integrated suite of compliance management solutions, including:

  • Regulatory Change Management. Facilitates a workflow-enabled, closed loop process that provides insurers with everything they need to be aware of, comply with, and demonstrate compliance with relevant regulatory changes. 
  • Policies and Procedures Management.  Fully manage the development, approval cycle and management of policies and procedures across their lifecycle.
  • Consumer Complaint Management. Systematically capture, track and manage the resolution of consumer complaints.
  • Market Conduct Exam Management. Enables firms to effectively prepare for and efficiently manage tasks related to market conduct exams, significantly reducing the time and resource commitment required during a market conduct exam.

“The effective management of Regulatory Change, Policies and Procedures and Consumer Complaints is the cornerstones of a strong compliance program,” commented Debra Freitag, Chief Strategy Officer at RegEd. “Technology-enabled processes ensure that the compliance loop is closed on requirements implementation and complaints resolution, while capturing audit trails that provide evidence of compliance to examiners.”

RegEd representatives will be on-site to meet with conference attendees to understand their compliance challenges and discuss solutions that enable insurers and other financial services firms to meet compliance requirements and proactively manage their compliance program.

The RegEd conference exhibit will be located at booth #112 in the conference’s main exhibitor hall at the Gaylord Opryland Resort & Convention Center. For more information on RegEd or its attendance at the AICP Annual Conference, please call 800-334-8322 or email sales@reged.com.

About RegEd

RegEd is the market-leading provider of RegTech enterprise solutions with relationships with hundreds of enterprise clients, including 80% of the top 25 financial services firms.

Established in 2000 by former regulators, the company is recognized for continuous regulatory technology innovation with solutions hallmarked by workflow-directed processes, data integration, regulatory intelligence, automated validations, business process automation and compliance dashboards. The aggregate drives the highest levels of operational efficiency and enables our clients to cost-effectively comply with regulations and continuously mitigate risk.

Trusted by the nation’s top financial services firms, RegEd’s proven, holistic approach to RegTech meets firms where they are on the compliance and risk management continuum, scaling as their needs evolve and amplifying the value proposition delivered to clients.

RegEd CEO & Founder to Speak at FSI Forum in Salt Lake City, Utah

RegEd CEO & Founder to Speak at FSI Forum in Salt Lake City, Utah

John M. Schobel will speak as part of the event’s Executive Track, on the topic of innovation and automation in the financial services industry

Financial services professionals will gather at the FSI Forum at the Grand America Hotel in Salt Lake City, Utah, on September 24-26 to discuss the foremost challenges facing advisors and executives in the industry. RegEd CEO & Founder John M. Schobel will speak at the event, on the topic of technology innovation and automation, and how technology will impact the industry in the future.

The FSI Forum is an in-depth, issues-focused educational conference that includes both advisor-focused and firm executive-focused sessions, built by and for their members. At FSI Forum 2018, attendees will be given the chance to network and engage with their peers from across the independent financial services industry, in educational sessions and discussions focused on the hottest issues facing advisors and executives.

Mr. Schobel will speak as part of the panel, Innovation & Automation to Increase Service Levels & Profit Margins, which is scheduled for Tuesday, September 25 from 9:30 to 10:30 a.m. “Leveraging new technology, the compliance and operations functions can evolve to deliver new levels of value creation and competitive advantage. Technologies such as Robotic Process Automation and AI automate repetitive, routine and manual tasks, enabling compliance resources to undertake higher value activities and increase the quality of their contribution to the business. I look forward to discussing this topic with my fellow panelists,” he stated.

The session will address ways that companies are using these new technologies to simplify business submissions, improve service levels, reduce NIGOs (not in good order) and increase profit margins. The session will also explore how companies can support the transition to new technologies and implement best practices for creating an optimized customer experience. In addition, the panelists will discuss how firms can combine technology with human interaction to preserve the value of advice, which is integral to continued industry growth.

To learn more about the FSI forum, please visit here. Registration is now open.

About RegEd

RegEd is the market-leading provider of RegTech enterprise solutions with relationships with hundreds of enterprise clients, including 80% of the top 25 financial services firms.

Established in 2000 by former regulators, the company is recognized for continuous regulatory technology innovation with solutions hallmarked by workflow-directed processes, data integration, regulatory intelligence, automated validations, business process automation and compliance dashboards. The aggregate drives the highest levels of operational efficiency and enables our clients to cost-effectively comply with regulations and continuously mitigate risk.

Trusted by the nation’s top financial services firms, RegEd’s proven, holistic approach to RegTech meets firms where they are on the compliance and risk management continuum, scaling as their needs evolve and amplifying the value proposition delivered to clients.

RegEd to Showcase Enterprise Platform Solution at 2018 FINRA Annual Conference

RegEd to Showcase Enterprise Platform Solution at 2018 FINRA Annual Conference

Attendees will have the opportunity to learn how RegEd enables clients to efficiently meet obligations across compliance management, conflicts of interest, education, and licensing and registration processes

RegEd, the leading provider of compliance technology solutions to broker-dealers and other financial services firms, is pleased to announce its participation at the 2018 FINRA Annual Conference in Washington, DC, May 21-23, 2018.

FINRA's annual conference provides securities industry practitioners with guidance on regulatory priorities and addresses the compliance and regulatory issues investment advisers and broker-dealers face in today's evolving industry with interactive forums led by experienced industry veterans and regulators. The conference will offer a variety of sessions related to current trends in technology, cybersecurity, risk management and much more.

RegEd's CEO & Founder, John M. Schobel, stated, "The FINRA Annual Conference provides an important forum for regulators, industry firms and solution providers, like RegEd, to engage in dialog about key trends and critical compliance challenges."

Mr. Schobel continued, "As the industry continues to shift toward technology consolidation and a streamlined rep and user experience, firms have increasingly turned to RegEd because of our unique ability to comprehensively address a wide breadth of compliance challenges with a single enterprise solution. We look forward to the opportunity to demonstrate the value that RegEd’s enterprise platform delivers.”

During the conference RegEd will showcase its comprehensive platform capabilities and enterprise solutions, and discuss how it delivers the highest levels of efficiency, effectiveness and transparency across the enterprise, enabling firms to:

  • Consolidate vendors and applications to reduce complexity and overall cost of ownership.
  • Simplify the end-user experience to drive improved rep and user satisfaction.
  • Install enterprise-level reporting and dashboards for risk analysis to proactively identify negative trends, mitigate risk and demonstrate compliance.
  • Automate data entry, aggregation and reuse to reduce manual processes and human error.

RegEd representatives will be on-site to meet with conference attendees to understand their compliance challenges and discuss solutions that enable broker-dealers and other financial services firms to meet compliance requirements and proactively manage their compliance program.

The RegEd conference exhibit will be located at booth #16 in the conference’s main exhibitor hall at the Marriot Marquis Washington, DC. For more information on RegEd or its attendance at the FINRA Annual conference, please call 800-334-8322 or email sales@reged.com.

About RegEd

RegEd is the market-leading provider of RegTech enterprise solutions with relationships with more than 400 enterprise clients, including 80% of the top 25 financial services firms. Established in 1994 by former regulators, the company is recognized for continuous regulatory technology innovation with solutions hallmarked by workflow-directed processes, data integration, regulatory intelligence, automated validations, business process automation and compliance dashboards. The aggregate drives the highest levels of operational efficiency and enables our clients to cost-effectively comply with regulations and continuously mitigate risk.

RegEd Hosts Seventh Annual-Client Conference in Fort Lauderdale FL

RegEd Hosts Seventh Annual Client Conference in Fort Lauderdale, FL

Sessions unite around empowering compliance and operations professionals to transform compliance from value protection to value creation by leveraging RegTech

RegEd, the leading provider of compliance technology solutions to the financial services industry, hosted the annual RegEd Compliance Alliance (RCA) client conference in Fort Lauderdale, FL, April 16-18, 2018.

RCA 2018 provided executives and senior managers from Compliance, Risk Management, Legal, Governance and Operations, including Licensing and Registration professionals, with the unique opportunity to share best practices, build critical knowledge, and engage with regulators and industry experts.

The theme of RCA 2018 was RegTech: Transforming Compliance from Value Protection to Value Creation. “In 2018, RegTech has become the necessary foundation for a comprehensive, proactive and efficient compliance program. Regulatory technology enables firms to shift the compliance function from value protection alone to a significant contributor of value to the organization,” commented John M. Schobel, CEO & Founder, RegEd, Inc. “This manifests in a positive impact on Rep/Advisor recruitment, the ability to deflect regulator attention by demonstrating a high watermark compliance program, and important compliance and business insights gained from aggregated compliance data. As we strive to show in all of our interactions with clients, and have demonstrated at RCA 2018, RegEd embodies RegTech’s value creation ethos. Put simply, RegEd is RegTech.”

The conference agenda featured sessions that delivered the latest information and expert insights surrounding the industry’s evolving regulatory and compliance concerns in an educational and collaborative forum. Amias Gerety, RegTech expert and Former Asst. Secretary for Financial Institutions, U.S. Department of Treasury, gave the keynote address at the conference. Mr. Gerety served as the President's nominee and as Acting Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury from April 2014 until January 2017. In that role, he was the lead advisor to the Secretary on policies affecting financial institutions from prudential standards to cybersecurity, and from insurance to banks to emerging fintechs.

A program spotlight, “The State of Financial Services Regulation in 2018,” was presented by Roberto Rodriquez, Director of Regulatory Strategy at PwC, who spoke about the state of regulation in 2018 and important new regulatory agency appointments, how they are impacting enforcement and the likely longer-term impacts for financial services firms.

About RegEd
RegEd is a leading provider of compliance technology solutions with relationships with more than 400 enterprise clients, including 80% of the top 25 broker-dealers and top 25 insurance companies. Established in 1994 by former regulators, the company is a recognized industry authority and has created the standard of excellence for rule-based and content-driven compliance automation for insurance companies, investment advisors and broker-dealers.  RegEd solutions drive new levels of operational efficiency and enables firms to cost-effectively comply with regulations and mitigate risk.  For more information, visit www.reged.com.

RegEd Announces Innovations in Branch Audit-Management Capabilities as Part of Enterprise Compliance-Platform

RegEd Announces Innovations in Branch Audit Management Capabilities as Part of Enterprise Compliance Platform

Increased automation, improved data management and simplified user experience streamline the end-to-end process of planning, conducting and resolving branch audits

RegEd, the leading provider of Compliance Management, Licensing and Registration, and Education solutions to the financial services industry, has announced the rollout of an upgraded version of its industry-leading Enterprise Branch Audit Management. The release is the result of significant investment and ongoing technology innovation to enable greater levels of automation and improved data accuracy in firms’ branch audit and inspections programs.

Branch Audit Management 4.0 incorporates more than three years of market input gained through continuous collaboration with more than 20 leading firms. Through this process RegEd identified growing needs among firms to consolidate multiple systems used to manage branch audits, to more efficiently and accurately manage audit data, and to effectively identify, mitigate and resolve audit deficiencies in a timely manner. In response RegEd has delivered the capability to view and manage audits from a single comprehensive system, introduced audit data pre-population capabilities to streamline data management, and enhanced its audit response system to enable firms to more efficiently close the loop on audits and deficiencies.

Increased automation and improved efficiency throughout the audit lifecycle have resulted in significantly streamlined audit management for RegEd’s clients. Adam Schaub, AVP & Chief Compliance Officer at 1st Global stated, “Our audit close-out letter goal is 30 days post inspection. After implementing RegEd’s Branch Audit Management solution, the first close-out letter was sent on the first day, and subsequent close-out letters also showed marked improvement in the inspection cycle.”

Branch Audit Management 4.0 also offers expanded offline audit capability, automatic identification of repeat deficiencies, simultaneous auditor access, an updated task dashboard, multi-level workflows and more. In addition to enabling firms to maintain compliance with regulations such as FINRA 3110 and 3120, Branch Audit Management greatly reduces manual tasks for individual auditors. For example, automated pre-population of data from other sources, such as client databases and questionnaires, materially reduces time spent manually referencing other systems, increasing audit capacity per auditor and improving data accuracy.

Enterprise Branch Audit Management is part of the RegEd enterprise compliance platform, which enables data sharing across modules and a clear view of the status of compliance obligations, including branch audits, at the company or individual level. Enterprise Branch Audit Management is now available for current and prospective users.  To request a demonstration or further information, visit www.reged.com

About RegEd

RegEd is a leading provider of compliance technology solutions with relationships with more than 400 enterprise clients, including 80% of the top 25 broker-dealers and top 25 insurance companies. Established in 1994 by former regulators, the company is a recognized industry authority and has created the standard of excellence for rule-based and content-driven compliance automation for insurance companies, investment advisors and broker-dealers.  RegEd solutions drive new levels of operational efficiency and enable firms to cost-effectively comply with regulations and mitigate risk.  For more information, visit www.reged.com

RegEd Hosts NAIC Market Regulation Update and Market Conduct Exam Best Practices Webinar for Compliance Legal and Risk Management Professionals in the Insurance Industry

RegEd Hosts NAIC Market Regulation Update and Market Conduct Exam Best Practices Webinar for Compliance, Legal and Risk Management Professionals in the Insurance Industry

RegEd, the leading provider of compliance and risk management technology to the insurance and financial services industries, presented the webinar, "NAIC Market Regulation Update and Market Conduct Exam Best Practices" on October 26, 2017. The session featured Randy A. Helder, Assistant Director of Market Regulation, National Association of Insurance Commissioners (NAIC), and RegEd regulatory and technology subject matter experts. Attendees included executives and senior managers from Compliance, Legal and Risk Management across the insurance industry.

The webinar provided attendees with insight into select NAIC working groups, including the Market Conduct Examination Standards Working Group and the evolution of the Market Regulation Handbook. The discussion included the Market Actions Working Group and their review and analysis of market regulation issues of national impact. In addition, the webinar focused on the Market Conduct Annual Statement (MCAS) as a catalyst for market conduct examinations. Merlinda Johnson, Director of Insurance Regulatory Compliance at RegEd, stated, "We were happy to host this webinar. Attendees benefitted from Mr. Helder’s insight surrounding NAIC market regulation objectives and priorities.” Johnson continued, “It is imperative that the insurance industry continuously engage with the regulators and remain current on evolving market conduct best practices. By doing so, companies can mitigate the risk of being subject to increased market conduct investigations and examinations.”

Mark Pfeifer, CODE Enterprise Solutions Product Strategy and Business Development leader at RegEd commented, "consumer and regulator expectations, as well as their use of technology, are outpacing the technology insurers use for market conduct exams. Firms need to at least be thinking about for-purpose exam technology; something that puts them in a ready posture before an exam starts, and ideally helps them avoid an exam."

For more information regarding RegEd's Enterprise Compliance Management Solutions for Insurance Companies, please call 800-334-8322 or email sales@reged.com.

About RegEd

RegEd is a leading provider of compliance technology solutions with relationships with more than 400 enterprise clients, including 80% of the top 25 broker-dealers and top 25 insurance companies. Established in 1994 by former regulators, the company is a recognized industry authority and has created the standard of excellence for rule-based and content-driven compliance automation for insurance companies, investment advisors and broker-dealers. RegEd solutions drive new levels of operational efficiency and enable firms to cost-effectively comply with regulations and mitigate risk. For more information, please visit www.reged.com.

About NAIC

The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer review, and coordinate their regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally. NAIC members, together with the central resources of the NAIC, form the national system of state-based insurance regulation in the U.S.

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