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EPR Archived News |
Two further FSA Regulated businesses to implement Compliance Management system CONFORM™Released on = July 8, 2005, 2:35 am Press Release Author = Mary Hodgson Industry = Financial Press Release Summary = Solution designed to reduce operational risk and provide global visibility of compliance levels Press Release Body = NEWS RELEASE from Hitec Labs Two further FSA Regulated businesses to implement Compliance Management system CONFORM™
Langley, Berks.,
UK, (July 5th 2005): Millfield Partnership, the UK’s larges
national independent financial advisory firm, have ordered up to
2,500 seats of CONFORM™. The Compliance Management system
will be used to audit the delivery and Bank Leumi which was incorporated in London in 1956 and is a subsidiary of Bank Leumi le-Israel BM have also ordered CONFORM™ to communicate regulatory requirements internally in London, and to test staff online to ensure compliance throughout. Jeremy Crame, CEO of Hitec Labs added: “Simply publishing policies on an intranet and sitting back in the hope that everyone will adopt them, is a naïve and potentially dangerous strategy. A new policy, or an amendment to an existing operational procedure, can only be claimed to be delivered once all appropriate employees are aware of it, and have read and understood it”. About CONFORM™: CONFORM™, from specialist software developer Hitec (Laboratories), is designed to enhance Compliance Management initiatives by automating the creation, dissemination, audited e-distribution, and understanding measurement of Statutory Compliance and Internal Policies & Procedure For further information, contact: Mary Hodgson, Marketing Executive – mary.hodgson@hiteclabs.com Jeremy Crame, CEO – jeremy.crame@hiteclabs.com Tel: 01753.583000 www.hiteclabs.com
Web Site = http://www.hiteclabs.com Contact Details
= Hitec Labs
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