Author: Madelyn Matthews

RegEd, the market-leading provider of enterprise regulatory compliance solutions to banks, broker-dealers, insurance companies and brokers, is pleased to announce its appointment of Adam Schaub to the role of Vice President, Platform Product Management. In this role, Schaub will direct RegEd’s platform product management team and lead the strategy and vision for the continuous evolution of RegEd’s enterprise platform.

“Adam comes to RegEd with deep industry, regulatory and compliance subject matter expertise. He has over 20 years of direct experience in the financial services compliance industry, and was a RegEd client leading the compliance services team at his last role, “ said Ethan Floyd, Chief Product Officer at RegEd. “We are very excited to have Adam join our team, he has strong knowledge of our platform solutions and the industry which make him invaluable to RegEd in our growth initiatives.”

Adam joins RegEd from Avantax, formerly known as 1st Global, where he led the Compliance Services team, which was responsible for CE, branch inspections, advertising, outside business activities, outside brokerage accounts, regulatory requests, licensing, and many other compliance areas. As Vice President of Product Management Platform, Adam will collaborate cross-functionally to identify opportunities for new products and lead strategic initiatives.

John M. Schobel, CEO & Founder of RegEd, commented on the appointment, “Adam’s extensive knowledge of our software and the financial services industry as a whole makes him an exceptional addition to our team. His decision to join RegEd at this point in our growth speaks volumes about the exciting trajectory that we’re on.”

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.

RegEd, the market-leading provider of enterprise regulatory compliance solutions to banks, broker-dealers, insurance companies and brokers, is pleased to announce its appointment of Chris Heggelund to the role of Chief Client Officer (CCO). In this role, Heggelund will direct RegEd’s Implementation, Customer Success and ongoing Customer Support functions to drive continuous client satisfaction, and meet and exceed growth objectives.

“Chris is an industry veteran who has spent the last twenty years in the InsureTech space, with the last decade building world-class services organizations.  He brings a deep understanding of insurance licensing and securities regulation, technology and customer success best practices to RegEd,” said John M. Schobel, RegEd CEO and Founder. “His proven ability to execute strategies that deliver best-in-class customer service will help ensure RegEd’s continued success.”

Heggelund is a highly accomplished business leader with significant experience in leading client services organizations through transformation focused on client onboarding, relationship management and customer success to deliver consistent revenue growth and client satisfaction. In his prior career Chris held senior leadership positions in large U.S. and multi-national corporations focused on software solutions for the insurance vertical, responsible for leading and maturing their professional services, customer support, solution architecture, managed services and customer success functions.

“I’m thrilled that Chris has joined RegEd at this exciting point in our growth,” continued Schobel. “He’s a strong addition to our executive team and I’m confident that he’ll make material contributions to RegEd’s future.”

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.

The session provided a snapshot of regulation in the financial services industry, including the impact of COVID-19, and outlined hands-on best practices for ensuring effective compliance.

RegEd, the leading provider of compliance technology solutions for the financial services industry, recently presented a webinar Regulatory Change Management: The State of Insurance Regulation and Compliance Best Practices in a Pandemic World. The webinar was co-hosted with The Association of Insurance Compliance Professionals (AICP), an organization offering the insurance industry compliance and ethics education, training, and opportunities to engage with industry experts and regulatory authorities.

Regulatory Change Management: The State of Insurance Regulation and Compliance Best Practices in a Pandemic World

Regulation of the insurance industry has been significantly impacted by the COVID-19 pandemic, resulting in an escalating rate of new and changed rules and regulations, building on the trajectory of recent years. Regulators, including state and federal entities, continue to expect insurers to administer effective programs for monitoring, tracking and implementing new and changed regulations amid the pandemic.

This presentation featured an expert panel including Merlinda Johnson, FLMI, ACS, Director of Insurance Regulatory Compliance at RegEd; Margie Webber, Director of Regulatory Compliance BD/IA at RegEd; De Keimach, ALMI, ACS, AAPA, AIRC, Director of Compliance at Delaware Life Insurance Company; and Debra Freitag, Chief Strategy Officer at RegEd. Panelists provided an overview of the regulatory landscape, including the influence that the pandemic has had on the volume and nature of regulation, and delivered a case study on the ways one leading insurer is applying technology and process best practices to streamline regulatory compliance.

“The pandemic has exacerbated trends that have been ongoing for years, as the avalanche of regulatory information that inundates insurers has continued to grow. As a result, a workflow-enabled, closed loop process for managing regulatory change has become more important than ever,” stated Debra Freitag, Chief Strategy Officer at RegEd. “As a longtime supporter, we value the important work that AICP does for the industry, and we appreciated the opportunity to present this session to their membership.”

A recording of the webinar is available to view here.

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.

About The Association of Insurance Compliance Professionals® (AICP)

The Association of Insurance Compliance Professionals® (AICP) offers the insurance industry exceptional compliance and ethics education, training, and opportunities to engage with industry experts and regulatory authorities. AICP has earned a reputation for some of the best educational programming available to novice and experienced compliance individuals. With 9 Association Chapters supplementing the work of the national organization, our members are comprised of personnel from property, casualty, life, annuities and health insurers, regulatory agencies, consultants and product & service providers.

Commissioned by RegEd, the report identifies processes and technology best practices that leading firms employ to reduce risk in today’s environment.

RegEd, the market-leading provider of enterprise compliance solutions to banks, broker-dealers insurance companies, and other financial services firms, is pleased to announce the publication of a new analyst report, “Keeping a Grip on Employee Conduct and Conflicts of Interest,” from research and consulting company Celent.

The report, authored by Neil Katkov, PhD, Head of Risk and Compliance at Celent, provides an overview of the current landscape surrounding employee conduct and conflicts of interest management, as well as the best practices, processes and technology that firms can leverage to optimize compliance and reduce risk.

“Among the greatest challenges faced by financial services firms is the ability to readily identify potential risk among the firm’s employee and registered population, before it causes reputational harm,” stated Neil Katkov, PhD, Head of Risk and Compliance at Celent. “To do so, they need to efficiently and accurately capture the actions and relationships of potentially thousands or even tens of thousands of employees, yet many technology systems do not support the relevant functionality.”

RegEd offers a suite of fully integrated conflicts of interest modules, which enable firms to monitor, identify and remedy conflicts of interest and code of conduct issues among the firm’s employee population and third parties. The suite includes robust questionnaires solutions for managing Outside Business Activities; Gifts, Gratuities and Contributions; and Personal Securities Account Management.

“Conflicts of interest continues to be high on the radar of multiple regulators, and we certainly expect that to continue,” commented John M. Schobel, CEO & Founder of RegEd. “RegEd Conflicts of Interest solutions were developed in collaboration with the nation’s leading financial services firms, with sophisticated capabilities that drive efficiency and significantly reduce risk in this area.”

Mr. Schobel continued, “Our motivation for commissioning this report is to provide our clients, and the industry as a whole, with a comprehensive analysis of the key factors at work, and educate on the strategies that firms can apply to overcome the challenges they face.”

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.

About Celent

For over 20 years, Celent has helped senior executives make confident decisions around their technology strategies to execute at scale.

As the financial services industry rapidly evolves, there is more complexity, with new regulations, startups, technologies, and applications to stay on top of and prioritize. Celent helps you connect this ever-changing puzzle. We offer objective advice and clarity, backed by a database of thousands of solutions and award-winning global best practice use cases. With real-life domain expertise, we also guide you through the maze of emerging tech in the pursuit of value.

Our people, data, insights, and relationships form the foundation for you to use Celent to make confident technology decisions in financial services.

The session will provide a hands-on perspective on effectively conducting branch inspections during COVID-19 and beyond

RegEd, the leading provider of compliance technology solutions for the financial services industry, has announced an upcoming webinar that will be co-presented with Essential Edge Compliance Outsourcing Services, a regulatory and compliance/supervision consultancy. The webinar will be held on Thursday December 3 at 12:00PM EST. Attendees will include senior compliance, risk and audit professionals from the nation’s leading financial services firms.

Maximizing Value from Your Branch Office Inspections During Covid-19 and Beyond: A Hands-on Perspective

Branch office oversight has been significantly impacted by the COVID-19 pandemic, requiring firms to be more adaptable than ever in how they manage this critical process. As regulators continue to expect firms to administer effective programs for monitoring branches and supervised individuals, firms have had to significantly evolve their approach to keep up with changing times.  This presentation will discuss best practices in conducting branch office inspections in an environment that is constantly changing due to the pandemic and compliance technology.

The webinar will feature Sander J. Ressler, Managing Director of Essential Edge Compliance Outsourcing Services, LLC, who will provide an overview of current trends in the industry, ongoing impacts related to the pandemic, and a forward-looking view as to how firms are likely to continue to advance their programs. Essential Edge currently conducts more than 650 branch inspections annually for over a dozen broker-dealers.  Sander draws on more than 30 years of frontline experience with broker-dealers and registered investment advisers, and will share practical insight on what his clients are experiencing, observations from the field, and best practices to streamline the management of branch exams.

Register Now

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.

About Essential Edge Compliance Outsourcing Services, LLC

Essential Edge Compliance Outsourcing Services, LLC (“Essential Edge”) is a strategic consultancy specializing in compliance and regulatory affairs.  Headquartered in South Florida, and utilizing 10+ seasoned compliance supervision professionals across the country, Essential Edge delivers outsourced branch inspections to Offices of Supervisory Jurisdiction (OSJs) and independent financial advisor practices affiliated with broker-dealers throughout the country.  Essential Edge’s service offerings are designed to rapidly identify and resolve compliance issues in branch office sales and operations for independent broker-dealers before they escalate into expensive and time-consuming issues.  For more information, please visit www.eeoutsourcing.com.

RegEd, the market-leading provider of enterprise regulatory compliance solutions to banks, broker-dealers, insurance companies and brokers, is pleased to announce its appointment of Joe DiAngelo to the role of Executive Vice President (EVP) of Sales. In this role, DiAngelo will direct RegEd’s enterprise sales development team to exceed growth objectives.

“Joe brings extensive knowledge of enterprise software and the financial services industry, in combination with a successful track record of coaching sales executives, to RegEd,” said Glen Jasionowski, Chief Revenue Officer at RegEd. “His proven ability to build extremely successful sales organizations in the compliance management software industry will help ensure RegEd’s continued success.”

DiAngelo is an accomplished sales leader with significant experience building and developing high performing sales teams, while increasing revenue and exceeding growth objectives. He joins RegEd from FIS, where he was the Head of Sales for the FIS Protegent line of business for the last 15 years. While at FIS, he successfully helped launch and grow the company into a RegTech market leader. Joe coached sales executives on a disciplined, value-based sales process where his team drove consistent achievement of growth objectives. Over his career, Joe has had the privilege of helping numerous sales executives go on and have incredibly successful sales careers in the industry. 

John M. Schobel, CEO & Founder of RegEd, commented on the appointment, “We’re very excited to have Joe join our team at this exciting point in our growth. His decision to join RegEd speaks volumes about the strength of our position going forward.”

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.

The only for-purpose technology solution to seamlessly manage the request, approval and reconciliation process while simplifying the user experience for employees and supervised persons

RegEd, the leading provider of compliance technology solutions for the financial services industry, has released an all-new enterprise solution to address the multitude of requirements associated with gifts, gratuities and contributions management. Gifts, Gratuities and Contributions Management (GGC) leverages RegEd’s powerful platform capabilities to enable comprehensive monitoring, workflow-directed task management, real-time alerts to exceptions, and sophisticated hierarchy management to enable firms to drive efficiency throughout the end-to-end tracking of gifts, entertainment, non-cash compensation and political contributions.

 “The SEC, FINRA, state departments of insurance, OCC, FDIC, and other federal regulators, as well as international supervisory bodies, have placed gifts and entertainment management and other conflicts of interest high on the list of topics of focus for regulatory examinations and audits,” commented John M. Schobel, Founder & CEO at RegEd. “To ensure compliance, companies must install organization-wide procedures and technology to enable the efficient review, approval, management and monitoring of gift and entertainment requests against firm-defined thresholds, so that all gifts, regardless of the amount or point of origination, are tracked accurately.”

The solution centralizes the management of submissions and approvals, enabling compliance managers and other stakeholders to holistically monitor the exchange of gifts, gratuities, contributions, and other non-cash compensation, track the preclearance approval process and identify limit violations. Comprehensive reporting and full audit trails provide valuable documentation to satisfy requests from internal stakeholders and regulators.

Gifts, Gratuities and Contributions is part of a fully integrated suite of for-purpose conflicts of interest solutions, which enable firms to seamlessly monitor, identify and remedy conflicts and code of conduct issues among the firm’s employee population and third parties. The solution suite comprises robust questionnaires modules which can be implemented individually or together, including GGC, Outside Business Activities and Personal Securities Account Management.

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.