Raleigh, NC, Sept. 26, 2017 (GLOBE NEWSWIRE) -- RegEd, the leading provider of compliance technology solutions to the financial services industry, including Xchange, the market-leading Enterprise Licensing and Registration solution, has been named the SILA Organization of the Year. The award was announced at the 2017 SILA National Education Conference in Orlando, FL on September 26, 2017.
John M. Schobel, RegEd CEO & Founder, stated, "On behalf of RegEd, I want to offer sincere appreciation to the committee at SILA for selecting us as the Organization of the Year. We have invested greatly into our Enterprise Xchange platform over the last decade, and especially over the past 24 months, and it’s extremely gratifying to have our innovations recognized. For example, our Alerts 2.0 module is keeping the credentials of hundreds of thousands of producers updated automatically, reducing effort and compliance risk exposure for our clients. Our new streamlined user interface will make processing faster and easier, saving time and reducing licensing costs. And our Onboarding modules for both insurance companies and broker-dealers are solving an age-old problem and making a better experience for firms and agents. RegEd’s mission is to bring efficiency and better compliance to our clients, and we couldn’t be happier to be recognized for these efforts.”
A number of RegEd compliance thought leaders and subject matter experts were also nominated for individual SILA awards during the conference. Brandi Brown, Senior Vice President of RegEd’s Regulatory Affairs Group, was nominated for the Bruce Saenger Education Award, which demonstrates a passion for insurance and/or securities related education topics: pre-licensing/pre-registration, continuing education, and professional development. Susan Boles, RegEd Senior Regulatory Compliance Analyst, was a nominee for the Robert Kennedy Appreciation Award, which demonstrates dedication in continuous volunteer service to SILA and the advancement of the SILA objectives and principles.
Outstanding individuals and organizations in the compliance industry are recognized and honored through the SILA Awards program. SILA Awards are presented annually at the National Education Conference to recipients who are nominated by their peers. The recipient of the Organization of the Year Award demonstrates leadership and dedication in continuous service to the licensing/securities industries. Perhaps the most significant factor considered is the nominee’s dedicated advancement of the SILA objectives and principles: Promote and improve communication; Develop relationships with industry organizations, associations, licensing and registration departments and related organizations; Offer solutions to common licensing and registration problems; and Provide professional and technical education opportunities.
RegEd is a leading provider of compliance technology solutions with relationships with more than 400 enterprise clients, including 80% of the top 25 broker-dealers and top 25 insurance companies. Established in 1994 by former regulators, the company is a recognized industry authority and has created the standard of excellence for rule-based and content-driven compliance automation for insurance companies, investment advisors and broker-dealers. RegEd solutions drive new levels of operational efficiency and enable firms to cost-effectively comply with regulations and mitigate risk. For more information, visit www.reged.com.