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Leslie Bonacum
847-267-7153
mediahelp@cch.com
Neil Allen
847-267-2179
neil.allen@wolterskluwer.com

Bankers Systems Launches ComplianceHeadQuarters.comWith Free Compliance Information And Tools

New web site offers compliance-specific resource modeled
after highly acclaimed privacyheadquarters.com

ST. CLOUD, Minn., July 23, 2001—Financial services professionals—including compliance, privacy, and lending officers—can now access the latest compliance information and tools for free using one comprehensive portal: Bankers Systems’ ComplianceHeadquarters.com.

Designed to be the primary source of compliance information for the financial services industry, ComplianceHeadquarters.com helps industry professionals stay informed about compliance regulations and how those regulations affect their financial institutions. The portal focuses on compliance laws, regulations, and issues surrounding consumer lending, commercial lending, residential real estate, deposit, IRAs, and other important industry issues such as consumer privacy and identity theft.

ComplianceHeadquarters.com offers industry professionals:

  • Free access to Bankers Systems’ database of compliance legislation, regulations, and case law at both the federal and state levels;
  • Free access to a research center containing links to statutes and regulations that pertain to financial compliance at the federal and state levels;
  • Free E-mail alerts to make you aware of changes in the database regarding the states and topics you customize this service to monitor;
  • Authoritative articles on compliance issues, plus an archival and search system;
  • Answers to frequently asked questions by your fellow professionals;
  • Network opportunities to chat on-line, share information on a message board, or receive feedback from professionals in your field;
  • Important links to other compliance-related sites;
  • Access to Bankers Systems’ on-line tools, products, and services—including future Internet delivery of documents and manuals; and
  • A glossary of important compliance terms.

The compilation of so much information on one site has already received praise by financial services professionals, such as Andy Zavoina, CRCM, Senior Vice President and Compliance Officer for First National Bank Texas. "The legislative watch areas are great and new," said Zavoina. "I like the load times and the organization of the site."

Margarita A. Flor, Managing Director of FCI Financial Consultants, Inc. in Florida, praised the site as a powerful research tool. "The site is great! I loved the articles, the access to federal and Florida’s laws, and the E-mail alerts," said Flor. "The research capabilities are awesome."

Others feel that a comprehensive site focused on compliance couldn’t come at a better time. In fact, a survey released by the American Bankers Association in April revealed that compliance is the number one topic of interest to bankers on the Internet.

"With the increasing complexity of compliance, coupled with the need to provide consumers with valuable new products and services, professionals need more than a broad look at compliance," said John Bryant, Vice President of Marketing for Bankers Systems. "This portal offers an in-depth understanding of compliance-related issues as well as the information and tools to tackle those issues. Just as we did with PrivacyHeadquarters.com, we’re providing a valuable resource and gathering place for compliance officers and others who must stay abreast of compliance issues to maintain and develop new products and services."

Although the site will be especially helpful for the 12,000 financial institution customers and more than 70 business partners of Bankers Systems, ComplianceHeadquarters.com will also be a valuable tool for financial institutions that have not yet experienced the depth of Bankers Systems’ Expere compliance knowledge base.

"There’s no one better equipped than Bankers Systems to provide a comprehensive site for compliance information and tools for lending, deposit, and IRA professionals," said Bryant. "The site clearly demonstrates the breadth of our compliance experience in translating complicated regulatory information and industry issues into practical, easy-to-use solutions."

About Bankers Systems

Established in 1952, Bankers Systems, Inc., a CCH INCORPORATED company, is a leading national provider of compliance resource solutions for financial institutions and their legal counsel. The company’s deposit, lending, and IRA documents, disclosures, software, training, and support services are used by more than 12,000 financial institutions, including 83 percent of banks in the U.S. In addition, over 70 leading core processors and software developers use Bankers Systems’ compliance-related documents and other components in their solutions. For more information, call 800-552-9410 or visit www.bankerssystems.com.

Bankers Systems Inc. is a registered trademark and Expere and ComplianceHeadquarters.com is a trademark
of Bankers Systems, Inc.

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