Compliance11 Announces 5th Software Release in 2008
CHICAGO, Jan. 22 - Compliance11™, Inc., a leading provider of regulatory compliance management solutions for financial firms, today announced that its fifth major release of 2008 went live on December 22, 2008. All customers were immediately upgraded because Compliance11 software is delivered using the Software as a Service (SaaS) model.
"I saw a first demo of the product in June and then another demo in September," said an existing customer. "When I saw the changes that Compliance11 had made to their product in just three months, my mind was made up. I wanted to partner with a vendor that was evolving their product that quickly, a critical attribute in the world of changing regulatory demands."
"When customers purchase our software they become part of a user community. We listen to their ideas and incorporate them into our quarterly releases. Everyone benefits," explains Karen Zenisek, VP of Customer Service.
"In 2008 we quickly caught up with the competition and surpassed them in some areas," said Tad Mitchell, President and COO. "The question is clear for CCOs seeking to automate their regulatory compliance processes: Do you want to invest in the future or the past?"
In addition to Compliance11's continuous improvement process, customers are drawn to the intuitive user interface which was developed by an award winning design firm, the SaaS model which delivers a product they can configure without IT support, a platform that is more robust and secure than most internal systems and a price that is affordable for large and small firms.