NEW YORK, May 18, 2012 — FIRE Solutions, Inc., a provider of compliance and training solutions for the financial industry, today announced that it has partnered with National Regulatory Services, Inc. (NRS), an industry leader in compliance and registration products and services. Through a direct integration of technology platforms, NRS customers now have the ability to access FIRE Solutions' training solutions and event data analytics, allowing clients to reduce implementation and management effort and expenses.
"When we surveyed the market, FIRE Solutions was continually cited for the high quality of both its electronic content and delivery technology," states Mark F. Catone, Senior Director of Compliance Technologies for NRS. "Our integrated offering provides our customers with streamlined access to and administration of their overall compliance program."
Under the agreement, FIRE is providing its Firm Element Training and ACMNow solutions through NRS ComplianceMAX, a compliance technology platform that automates and reduces the cost of compliance for financial services firms, including investment advisors, broker-dealers, hedge funds, banks and insurance companies. The addition of FIRE's training solutions builds upon the current ComplianceMAX suite of compliance modules, which includes advertising review, branch audits, complaints, bribery and corruption, Gifts and Entertainment and compliance surveys disclosures.
Reciprocally, FIRE is now able to make NRS compliance technology solutions available to its clients. "I am extremely pleased to be working with NRS to offer their clients and ours a full range of world-class training and compliance solutions. They have a superior product line and are strategic partners for our firm and client base," says Eric Sternbach, FIRE CEO.
About FIRE Solutions:
Over the past 12 years, FIRE Solutions, Inc. (FIRE = Finance – Insurance – Regulation – Education) has provided compliance and training solutions to over 300,000 professionals at more than 250 firms. Headquartered in New York City, FIRE offers an unmatched collection of solutions, including Securities Exam Prep, Firm Element and Insurance Continuing Education, On-demand Annual Compliance Meetings, Rep Registration and Tracking Systems, Gift and Entertainment Tracking, Pay-to-Play Tracking and a wide range of online Questionnaire Services. www.firesolutions.com
About NRS:
National Regulatory Services (NRS), part of BankersAccuity, is the nation's leader in compliance and registration products and services for investment advisers, broker-dealers, hedge funds, investment companies and insurance institutions. NRS has the practical expertise, proven capability and unparalleled reach to deliver integrated and effective compliance solutions to a wide range of users within the financial services industry. NRS delivers these solutions through three interrelated offerings – comprehensive education, best-in-class technology and expert consulting services – enabling our clients to meet their regulatory requirements and minimize risk. www.nrs-inc.com
FIRE Solutions PRESS CONTACT:
Eric Sternbach
FIRE Solutions
T: 1 646 234 5097
E: Email
NRS / BankersAccuity PRESS CONTACTS:
Binna Kim / Angela Byrne
Cognito
T: + 1 646 395 6300
E: Email
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