Compliance Assurance Corporation Launches Forum for Compliance Process Innovation

Pittsburgh, PA, Aug. 20, 2013 (GLOBE NEWSWIRE) -- Compliance Assurance Corporation (CAC), a leading provider of compliance solutions for the insurance industry, has announced an addition to Comply On Demand Enterprise™ (CODE), the firm's flagship compliance platform. Compliance Idea eXchange™ will allow subscribers to access compliance best practices and process innovations that have been submitted by users. 

The new feature is designed to tap into the collaborative nature of the compliance community within insurance, and to give access for CODE users to innovations that improve the way that many compliance and business functions are executed.

"The inspiration for Idea eXchange comes from interactions with our customers. We saw a trend: our users were coming to us with innovative ways of using CODE to solve problems in their organizations. Many of these ideas were things we hadn't considered; Customer Satisfaction Survey and AML Training are two examples. Idea eXchange is our way of capturing these innovations and making them available to the community of CODE users," said Jerry Shafran, CEO of Compliance Assurance Corporation.      

Compliance Idea eXchange has been recognized as an outstanding innovation by independent analyst firm GRC 20/20 Research, receiving one of the organization's 2013 GRC Technology Innovation Awards. It is now available as part of Comply On Demand Enterprise (CODE). 

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About Compliance Assurance Corporation

Compliance Assurance Corporation (CAC) delivers workflow-enabled technology solutions that automate and simplify tasks related to regulatory compliance. The firm's flagship Comply on Demand Enterprise (CODE) platform provides the combination of regulatory intelligence and a comprehensive framework for managing regulatory changes across an organization. CODE has been implemented by some of the nation's largest P&C, Life and Health insurance companies. CAC is a division of StoneRiver Risk and Compliance.

For more information on CAC and CODE, visit www.complyfast.com or call 1-877-690-6201. 

CONTACT: Eric Clements          Director, Marketing & Communication          Compliance Assurance Corporation          +1 412 690 6201          [email protected]

Source: Compliance Assurance Corporation