Virtual Events Included Keynote and Marquee Sessions Discussing Critical Compliance Challenges and Highlight Continued Expansion of Innovative Regulatory Solutions for Global Customer Base
NEW YORK, NY, May 17, 2024 – COMPLY, the global market leader of compliance software, consulting, and education resources for the financial services sector, hosted nearly 500 customers worldwide for its annual US and UK Customer Summits. The events, which took place May 1 and 15, explored some of the most pressing topics facing compliance professionals today, including AI, cryptocurrency, and new rules from the SEC and DOL.
“Today’s chief compliance officer is tasked with an enormous burden – keeping their program effective and proactive. While day-to-day tactics may keep the program effective in the moment, proactively assessing the landscape and futureproofing the firm from risk requires compliance professionals to be current on the latest news, insights, and materials coming from regulators. Given the pace of change in recent months, this has become extremely difficult,” said Michael Stanton, COMPLY CEO. “The 2024 Customer Summits offered compliance professionals the opportunity to learn directly from experts in the regulatory field all in one place. Not only did sessions cover today’s most critical compliance topics, event presenters also provided actionable strategies to help firms maneuver in an increasingly complex landscape.”
Both summits addressed the heightened obligations firms – large and small – are experiencing, especially as they scale their business and client portfolios. Interactive sessions with COMPLY Consultants, who have served as former regulators, lawyers, and CCOs, provided an opportunity for attendees to learn how professionals are evolving their programs to meet heightened demand.
Summit highlights:
- Keynote by COMPLY Chief Regulatory Officer John Gebauer focused on new SEC rule implementation and the associated impact on firms
- Educational, actionable and expert-led breakout sessions tailored to attendees’ unique firm types and business profiles
- A strategic analysis of SEC enforcements and examination priorities, underscoring key trends and areas of focus for the coming year
- An overview of the recently adopted DOL Fiduciary Rule and its effect on the market
- A view into the findings from COMPLY’s recent CCO survey, which highlighted how firms are navigating new constraints and compliance initiatives
Both events culminated in a review of recently launched and upcoming product releases, highlighting the investment COMPLY has made in expanding its technology and service offerings.
“As an organization COMPLY has made strategic investments in driving innovation across our suite of solutions,” said David Bliss, COMPLY Chief Product Officer. “Not only has this resulted in our ability to integrate key product and feature functionality, deepening the benefit of our platforms, but it has enabled the launch of new products and services like Digital Asset Trade Monitoring, a first of its kind product that allows firms to track employee cryptocurrency trades like they would traditional securities. One of our most powerful new launches has been the introduction of configurable Data Visualization Widgets, which support our clients’ ability to easily and effectively analyze key trends and insights based on the massive quantities of data contained within their compliance organization. As we look towards the future, it’s that ability to leverage data to make critical decisions and launch strategic initiatives that will be most advantageous to our clients and their programs ongoing success.”
COMPLY will be hosting an in-person event, the COMPLYConnect 2024 Conference & Expo October 22-24, 2024 in Austin. This premier compliance event offers attendees the opportunity to learn about the latest trends and challenges in governance, risk and compliance. Attendees are eligible to earn credits, gain valuable insights, and network with industry professionals. Visit COMPLYConnect to register.
About COMPLY
As a global market leader in regulatory compliance solutions, COMPLY combines the power of regulatory technology, services, and education to empower Chief Compliance Officers (CCOs) and compliance professionals to easily navigate the regulatory landscape. COMPLY enables firms to scale their growth while remaining vigilant in their compliance efforts by providing solutions designed to manage the burden of complex compliance tasks. Our deep bench of industry expertise – which includes expansive knowledge in technology enablement and regulatory compliance protocols and processes – supports more than 7,000 clients, including investment management firms, private equity firms, hedge funds, broker-dealers, registered investment advisers, and other financial service sector participants.
COMPLY continually supports clients in their work to proactively address core compliance challenges – minimizing risk, addressing critical priorities, and meeting new demands as the industry evolves and the firm scales. Learn more at COMPLY.com.