NEW HAVEN, Conn., June 19, 2014 (GLOBE NEWSWIRE) -- Continuity Control™, provider of an automated Compliance Management System for community banks and credit unions, has been selected by Gartner Inc. as a 2014 "Cool Vendor in Services."
Each year, Gartner, the world's leading information technology research and advisory company, selects new Cool Vendors in key technology verticals and publishes a series of research reports highlighting these innovative companies. Continuity Control is one of five vendors selected for the services category this year.
Gartner recommends buyers, "Evaluate 'cool' service providers in IT services—and others like them—based on their unique expertise, technology focus, or delivery strategy and ability to deliver business value through their innovative approaches to solving specific issues. These providers, while they may be smaller or early-stage companies, have proven abilities to fulfill client needs and/or offer world-class expertise."
Continuity Control provides community financial institutions with a complete Compliance Management System to automate the entire regulatory lifecycle. The breakthrough solution has been hailed by many analysts and Continuity Control was recently named the exclusive Preferred Service Provider for Compliance Management Systems by the Independent Community Bankers Association.
"We're thrilled to be selected as a Gartner Cool Vendor for 2014," said Andy Greenawalt, Continuity Control's co-founder and CEO. "We believe Gartner's research depicts a future where the traditional distinction between technology and professional services no longer exists, and we share that vision. Our goal is to reduce the costly and time-consuming impact regulatory compliance is having on small and mid-size financial institutions by leveraging our model of delivering integrated technology and services which eliminates charging hourly consulting fees."
The April 8, 2014 Gartner Cool Vendors in Services, 2014 Report can be accessed by Gartner clients at: Cool Vendors in Services, 2014.
Continuity Control saw more than 300 percent revenue growth and added nearly 100 new clients in the last 18 months. To find out more about Continuity Control and its cloud-based platform, register for an online tour and other compliance-related webinars, visit www.continuity.net/rethink.
*Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchant ability or fitness for a particular purpose.
About Continuity Control
Continuity Control is a Compliance Management System (CMS) for community banks and credit unions that has been engineered to reduce the time, cost and risk impacts of regulation. This single, unified system automates the entire regulatory lifecycle–managing regulatory updates, policies, procedures, risks, vendors, audits, business continuity and exam preparation along with compliance strategy and planning. Built by bankers and former examiners, the system's advanced software has been coupled with expert personalized service to help financial institutions quickly adapt to regulatory change, streamline the workload and ensure regulatory compliance. Continuity Control is endorsed by many state associations and is the ICBA Preferred Service Provider (PSP). For more information visit www.continuity.net.
Source: Continuity Control