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Continuity Announces Four New Executive Hires

NEW HAVEN, Conn., March 10, 2015 (GLOBE NEWSWIRE) -- Following Continuity's recent launch of the first Compliance Core™ for community financial institutions, the company today announced four additions to its executive team.

Alan Hurwitz joins as chief financial officer, Pete Rawlinson as chief marketing officer, Chris Dircks as senior vice president for client strategy and Bob Michaud as executive vice president client operations.

"We're thrilled to welcome Alan, Pete, Chris and Bob during this exciting period of growth for the company," said Andy Greenawalt, Continuity co-founder and CEO. "These four executives join a team of performance minded community bankers whose mission is to help financial institutions reduce their compliance burden and get back to the business of banking. Their respective experience in growing financial technology companies and in core banking solutions will accelerate Continuity's continued upward trajectory of the first compliance core."

Hurwitz began his career at a "Big Four" public accounting firm and has more than 25 years of experience managing the financial affairs of public and privately-held businesses with a focus on increasing profits and enterprise value. His accomplishments include building and selling a technology company for 15 times the purchase price, raising more than $50 million in funding, and developing strong financial and risk management systems.

Rawlinson will lead all marketing activities and help guide the strategic direction of the Continuity business, including the launch of Continuity's Compliance Core™. Prior to joining Continuity, Pete was the CMO of AppSense, where he helped grow the virtualization technology company from a local European business to an international category creator.

Dircks joins the client strategy team to enhance the delivery of Continuity services and maximize client value. As part of successful B2B SaaS engagements in logistics and operational efficiencies, Dircks developed and implemented best practice programs in software development, project management, strategy development and client relations for Pfizer, Pitney-Bowes and Cox Communications.

Michaud will manage all aspects of Continuity's client operations, including the Continuity Assurance Program™. Michaud's banking and IT experience spans over 30 years and includes a tenure as senior vice president at Fiserv, Inc. where Bob led the audit, risk and compliance group of Bank Solutions. Michaud brings an expert understanding of banking operations, compliance and regulations to the table.

The company also recently announced the addition of Community Bankers Association of Georgia, Independent Community Bankers of Minnesota and Independent Bankers of New York State to their increasing roster of partners. All three state banking associations will now offer their member banks Continuity's Compliance Core™ solution.

About Continuity

Continuity provides the only Compliance Core™ for community financial institutions. The Compliance Core is engineered to reduce compliance risk and cost by bringing together strategic planning, technical execution and world-class insight into a single, subscription-based solution. These services are delivered using a compliance control platform that is continuously updated with the latest regulatory data from Washington, and best practice compliance processes from other Compliance Core institutions. Built by bankers and former examiners, Continuity's cutting-edge technology and expert personalized service help financial institutions quickly adapt to regulatory change, streamline the workload and ensure compliance. Continuity is headquartered in New Haven, CT and serves nearly 200 institutions in more than 40 states. For more information about Continuity, visit www.continuity.net.

CONTACT: Sarah Eigner www.csg-pr.com 720-726-5454 seigner@csg-pr.com

Source: Continuity