Compliance11 Announces Enhanced Rule-Based Reporting and Brokerage Feed Integration for its Personal Trading Product

CHICAGO, Nov. 17 /PRNewswire/ -- Compliance11(TM), Inc. a leading provider of regulatory compliance management solutions, today announced that it has added configurable rule-based employee trade monitoring capabilities to its Personal Trading product. Rules and thresholds can be set to trigger exceptions which can then be reviewed, commented on and closed to show a complete audit trail.

The firm also announced that brokerage feeds are now operational for most of the top brokerages. Through a partnership with Evare LLC, Compliance11 can provide brokerage feeds for all brokerages capable of delivering statements electronically with no IT involvement. This model allows Compliance11 to greatly simplify the implementation process, have access to a large number of pre-configured feeds, and for the first time, make feeds available to small and mid-size customers.

The Personal Trading product allows financial services firms to automate the monitoring of employee trading. The system allows users to select pre or post trade review, create rule-based reports, track exceptions, automate reconciliation of brokerage confirms and monitor front running.

"We used to spend hundreds of hours downloading and printing employee statements," said Jennifer Rydwelski, Chief Compliance officer of RMB Capital. "Compliance11's employee trading product has saved us an incredible amount of time. Employees have embraced the instant acknowledgement that their trade has been approved."

"The positive employee response was unexpected," said Susan Chamberlain, Chief Compliance Officer of Holland Capital Management. "People like the idea of solving compliance issues on the computer instead of manually responding to 15 forms in their inbox."

The product can be up and operational in days and start providing many benefits over traditional paper or email based processes. The software-as-a- service (SaaS) delivery model requires no hardware or software installation, little to no IT involvement and is cost effective for small and large firms.

About Compliance11

Compliance11, Inc. is a leading provider of regulatory compliance management solutions. The Compliance11 Supervisory Suite addresses a critical need for compliance officers to meet current regulatory and supervisory guidelines. The SaaS application automates and effectively manages employee personal trading, affirmations & disclosures, gifts and case management. For additional information visit www.compliance11.com.

     Contact:

     For Compliance11:
     Larry Goldfarb
     312-676-2041
     lgoldfarb@compliance11.com