ICS Compliance Expands Services to Become ICS Risk Advisors; Unveils New Name, Website, and Increased Offerings

<p class="bwalignc"><i>Full-service risk advisory firm hires industry veterans <person>George Mark</person>, <person>James Lacovara</person>, and <person>Jan Koster</person> as the company evolves to meet increased demand from financial institutions</i></p><p><location value="LU/us.ny.nyc" idsrc="xmltag.org">NEW YORK</location>--(BUSINESS WIRE)-- ICS Compliance announced today that the company has expanded its service offerings in an effort to further benefit financial institutions and has rebranded to become <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.icsriskadvisors.com%2Fdefault.aspx%3Futm_campaign%3DPress-Release-Brand-Launch%26utm_source%3Dpress%2520release&esheet=50014295&lan=en-US&anchor=ICS+Risk+Advisors&index=1&md5=5d342f268689a4ce49d69c3b695449d0"><org>ICS Risk Advisors</org></a>. As a full-service risk advisory firm, <org>ICS Risk Advisors</org> now offers a more robust suite of value-added solutions, including regulatory compliance, internal audit, and risk management programs. </p><p> Founded by former Big Four partners and Federal Regulatory Examiners, ICS Compliance quickly established itself among the leaders in the banking compliance industry. As <org>ICS Risk Advisors</org>, the company is building upon that reputation to include <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.icsriskadvisors.com%2FOur-Services.aspx%3Futm_campaign%3DPress-Release-Brand-Launch%26utm_source%3Dpress%2520release&esheet=50014295&lan=en-US&anchor=customized+risk+management+solutions&index=2&md5=e9a0fe3e669414ce67d4c3432c1b6a55">customized risk management solutions</a> that will enhance its level of service to its roster of leading financial institutions and regional community banks. </p><p> “All financial institutions take risk, and in order to compete in the current economic climate, you need to have processes in place to manage that risk while maximizing potential earnings,” said <person>John White</person>, CEO of <org>ICS Risk Advisors</org>. “Our success, over the more than 15 years of our company’s history, is a result of assembling highly qualified professionals who have developed risk-oriented programs in the regulatory compliance, internal audit, and credit risk management areas. We have evolved our corporate identity to properly explain the unique capabilities we bring to the table and we look forward to continuing to add to these in the future.” </p><p> While <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.icsriskadvisors.com%2FComplianceProfessionals.aspx%3Fcid%3D1%26utm_campaign%3DPress-Release-Brand-Launch%26utm_source%3Dpress%2520release&esheet=50014295&lan=en-US&anchor=John+Soffronoff&index=3&md5=f1f7d3a88e9da82a1d1378cbb3cb23bb"><person>John Soffronoff</person></a> remains President of the <org>ICS Risk Advisors</org><a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.icsriskadvisors.com%2FComplianceServices.aspx%3Futm_campaign%3DPress-Release-Brand-Launch%26utm_source%3Dpress%2520release&esheet=50014295&lan=en-US&anchor=Compliance+Practice&index=4&md5=e267a82bb732222c1cbcb43449a2a7b1">Compliance Practice</a> and <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.icsriskadvisors.com%2FComplianceProfessionals.aspx%3Fcid%3D1%26utm_campaign%3DPress-Release-Brand-Launch%26utm_source%3Dpress%2520release&esheet=50014295&lan=en-US&anchor=Gary+Swiman&index=5&md5=51754c3b0324f80004a83c7bca237d22"><person>Gary Swiman</person></a> continues as the President of the <org>ICS Risk Advisors</org><a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.icsriskadvisors.com%2FAssetManagement.aspx%3Futm_campaign%3DPress-Release-Brand-Launch%26utm_source%3Dpress%2520release&esheet=50014295&lan=en-US&anchor=Asset+Management%2FBroker-Dealer+Group&index=6&md5=96d467c3e3f617b9232e68f28d2b6821"><org>Asset Management/Broker-Dealer Group</org></a>, the company has also made strategic hires to support the evolution of the business, recently adding <person>George Mark</person>, <person>James Lacovara</person>, and <person>Jan Koster</person> to its executive team. </p><ul><li class="bwlistitemmargb"><a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.icsriskadvisors.com%2FComplianceProfessionals.aspx%3Fcid%3D1%26utm_campaign%3DPress-Release-Brand-Launch%26utm_source%3Dpress%2520release&esheet=50014295&lan=en-US&anchor=George+Mark&index=7&md5=06056cb2b2f5ba81878bffa18eaa3595"><person>George Mark</person></a> has been added as the new President of <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.icsriskadvisors.com%2FInternalAudit.aspx%3Futm_campaign%3DPress-Release-Brand-Launch%26utm_source%3Dpress%2520release&esheet=50014295&lan=en-US&anchor=Internal+Audit&index=8&md5=b20b6365cd4bd70bd89792f86f89ae1b">Internal Audit</a> at <org>ICS Risk Advisors</org>. As a former Partner of one of the Big Four accounting firms and a large international organization, he brings extensive risk management and accounting expertise to the clients of ICS. Most recently, Mark served as an Audit Partner and Financial Institutions Industry Leader for a leading global accounting firm. </li><li class="bwlistitemmargb"><a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.icsriskadvisors.com%2FComplianceProfessionals.aspx%3Fcid%3D1%26utm_campaign%3DPress-Release-Brand-Launch%26utm_source%3Dpress%2520release&esheet=50014295&lan=en-US&anchor=James+Lacovara&index=9&md5=b6f13917e24c03af00fe05c9890bade4"><person>James Lacovara</person></a> has been appointed Managing Director of <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.icsriskadvisors.com%2FCreditRisk.aspx%3Futm_campaign%3DPress-Release-Brand-Launch%26utm_source%3Dpress%2520release&esheet=50014295&lan=en-US&anchor=Credit+Risk+Management&index=10&md5=1b126275e5c8178b039a62066e877574">Credit Risk Management</a> at <org>ICS Risk Advisors</org>, bringing more than 23 years of banking experience to ICS, with an expertise in bank regulatory compliance. Prior to joining ICS, Lacovara worked in both retail credit and commercial lending, with responsibility for managing credit portfolios across various product and client types, and also completed a formal credit training program. </li><li class="bwlistitemmargb"><a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.icsriskadvisors.com%2FInternal-Audit-Experts.aspx%3Futm_campaign%3DPress-Release-Brand-Launch%26utm_source%3Dpress%2520release&esheet=50014295&lan=en-US&anchor=Jan+Koster&index=11&md5=4bd4e7f4520bef089aa98e052d257a57"><person>Jan Koster</person></a> has joined <org>ICS Risk Advisors</org> as Managing Director of Information Technology (IT) Services. Having formerly served in two of the Big Four accounting firms and as SVP leading the IT and Operational Audit team at a major U.S. bank, he brings a unique skill cultivated during more than 20 years of technology risk management and internal audit experience. Prior to joining ICS, Koster was the Regional Director and National Practice Leader for a risk management consulting firm. </li></ul><p> “The strength of <org>ICS Risk Advisors</org> comes from within, and our seasoned professionals have a vast wealth of experience and industry knowledge that separates us from the competition,” continued White. “With John Soffronoff firmly entrenched, the addition of George, James, and Jan to the team serves as an example of our ability to attract the best talent in the business, and our clients will benefit greatly from their diverse backgrounds and expertise.” </p><p> With headquarters in <location value="LU/us.ny.nyc" idsrc="xmltag.org">New York City</location> and offices across the country, <org>ICS Risk Advisors</org> works with clients spanning the world’s largest financial institutions to community banks. And while ICS continues to expand and evolve, the character of the company is still epitomized by an unrivaled commitment to its clients and employees. </p><p> For more information on <org>ICS Risk Advisors</org>, please visit the newly designed website at: <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.icsriskadvisors.com%2Fdefault.aspx%3Futm_campaign%3DPress-Release-Brand-Launch%26utm_source%3Dpress%2520release&esheet=50014295&lan=en-US&anchor=http%3A%2F%2Fwww.ICSriskadvisors.com%2F&index=12&md5=daa31bfb11c82afc26ba7df9db120956">http://www.ICSriskadvisors.com/</a>. </p><p><b>About <org>ICS Risk Advisors</org></b></p><p><org>ICS Risk Advisors</org> is a full-service risk advisory firm for financial institutions. Founded by former Big Four Partners and Federal Regulatory Examiners, our strength comes from combining our talents to deliver risk management solutions. </p><p> With headquarters in <location value="LU/us.ny.nyc" idsrc="xmltag.org">New York City</location> and offices across the country, <org>ICS Risk Advisors</org> creates, implements and maintains tailored compliance, internal audit, and risk management programs for clients spanning from the world’s leading (largest) financial institutions to community banks. Our seasoned professionals have deep industry knowledge in all risk management areas. </p><p> Our philosophy is to build lasting relationships and create value-added solutions. Our value proposition is the confidence of more. That’s what years of experience with one single focus will get you. </p><p></p><p><img alt="" src="http://cts.businesswire.com/ct/CT?id=bwnews&sty=20111003005233r1&sid=acqr4&distro=nx" /><span class="bwct31415" /></p><p><org>Brownstein Group</org><br /><person>Sean Carney</person>, 215-735-3470 Ext. 108<br /><a href="mailto:[email protected]">[email protected]</a></p><p>Source: <org>ICS Risk Advisors</org></p>