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Wilmington Trust Selects Compliance 360 as Compliance Solution
Atlanta, GA. – September 14, 2006 – Compliance 360,
a provider of governance, risk, and compliance management software,
announced that it has been selected by Wilmington Trust as its enterprise-wide
compliance platform. Wilmington Trust, a provider of wealth advisory
services, specialized corporate services, and banking services, will
adopt Compliance 360’s comprehensive compliance solutions across
all business units and product lines.
Compliance 360 was chosen for key market differentiations, such
as regulatory intelligence, integration with the LexisNexis® services,
and its offering of a single solution that can be used in conjunction
with all compliance activities. Regulatory intelligence is powered
by LexisNexis, which gives Compliance 360’s clients current
access to newly proposed and newly enacted laws. It also allows management
to more easily assess whether and how legal developments might affect
the enterprise. Compliance 360 announced their alliance with LexisNexis
U.S., a leading provider of information and services solutions, in
February this year.
“While we have a number of financial services customers, the
addition of Wilmington Trust validates our strategy and investment
in the banking governance, risk, and compliance (GRC) market,” stated
Steve McGraw, president and chief executive officer, Compliance 360,
Inc. “With laws such as the Gramm-Leach-Bliley Act, the Consumer
Credit Protection Act, and the USA PATRIOT Act, regulatory and operational
compliance is a significant management challenge. Our solution is
uniquely positioned to help manage this complex environment.”
About Wilmington Trust
Wilmington Trust Corporation (NYSE: WL) is a financial services holding
company that provides wealth management and specialized corporate
services to clients throughout the United States and in 85 other
countries, and commercial banking services throughout the Delaware
Valley region. It’s wholly owned bank subsidiary, Wilmington
Trust Company, which was founded in 1903, is one of the largest personal
trust providers in the United States and the leading retail and commercial
bank in Delaware. Wilmington Trust Corporation and its affiliates
have offices in California, Connecticut, Delaware, Florida, Georgia,
Maryland, Nevada, New Jersey, New York, Pennsylvania, South Carolina,
Vermont, the Cayman Islands, the Channel Islands, London, Dublin,
and Frankfurt. For more information, please visit www.wilmingtontrust.com.
About Compliance 360
Compliance 360 helps companies in regulated industries address the
most important facets of a comprehensive governance, risk and compliance
management program—reducing risks, reducing costs, improving
efficiencies and protecting a company’s brand. The Compliance
360 on-demand software suite includes products that address IT
governance, policies and procedures management, incident management,
surveys, Sarbanes Oxley compliance and enterprise risk management.
Compliance 360 has headquarters in Atlanta, GA and serves over
300 customers in financial services, insurance, and other highly
regulated complex business environments. For more information,
visit Compliance 360 at www.compliance360.com.
About LexisNexis
LexisNexis® (www.lexisnexis.com) is a leading provider of information
and services solutions, including its flagship Web-based Lexis® and
Nexis® research services, to a wide range of professionals in
the legal, risk management, corporate, government, law enforcement,
accounting and academic markets. A member of Reed Elsevier Group
plc [NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), LexisNexis serves
customers in 100 countries with 13,000 employees worldwide.
Media Contact:
Kathryn Towns
Corporate PR
Tel: (678)-992-0262
media@compliance360.com
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