Conntact.com - CT Business News Journal

Continuity Control Banks on Innovation

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NEW HAVEN - Continuity Control, creator of an "on-demand, Web-based software foundation for financial institution controls that automates the regulatory compliance process for community banks and credit unions," will demonstrating at the Finovate conference May 11 in San Francisco. The event showcases technology innovations for the financial-services industry. Continuity Control (continuity.net) was "selected from a competitive field for its breakthrough approach to organizing and simplifying the work of compliance and its use of collaboration."

Founded in 2008, Continuity Control is a Web-based, SaaS (Software as a Service) software foundation for financial institution controls. Says CEO Andy Greenawalt, "Risk and compliance costs will continue to rise, placing many community financial institutions at a competitive disadvantage if a cost-effective solution is not implemented. Continuity Control offers an answer to cost-effectively address this 'compliance tax.'"

Last year Continuity Control was named a "Company to Watch" by the Connecticut Technology Council during its annual Pipeline Innovation Awards.



 
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Posted on Thursday, 01 December 2011

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