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Continuity Adds Industry Veteran to the Executive Team as Chief Sales Officer

NEW HAVEN, Conn., May 01, 2017 (GLOBE NEWSWIRE) -- After quarter over quarter client growth throughout 2016 and Q1 2017 Continuity’s RegAdvisor® Pro and RegControls™ proves to be the RegTech, compliance management solution financial institutions (FIs) need.

To help continue adoption across the industry the company has hired David K. Bagley as its new Chief Sales Officer. David brings with him over 25 years of financial technology and services industry expertise as well as a proven track record in sales management. His experience will help the company accelerate the sales cycle and continue to quickly add new clients and revenue. David’s most recent success has been as the Sr. Vice President for Fiserv, Inc., responsible for leading a strategic group for enterprise sales, operations and delivery of financial services throughout North America.

"We are thrilled to add depth and industry experience to our executive management team by bringing David in as our new Chief Sales Officer," commented Michael "Mike" Nicastro, Chief Executive Officer of Continuity. Nicastro continued, "Our plans for growth and acceleration in the RegTech sector of financial technology are focused and aggressive. By adding an experienced and versatile veteran to the team we are adding the bench strength we’ll need to achieve our goals."

As part of joining Continuity, David will maintain his Atlanta presence, further bolstering the additional Regulatory Operations Center® (ROC) resources that Continuity has in place there. Over the years, the Southeast region has been a significant FinTech hub. It is an area that the company wants to expand in while also gaining access to a pool of future talent that has the RegTech and compliance experience needed to bolster the company's growth.

An additional benefit that David brings to Continuity is his experience working with large, public, Fortune 500 companies and small privately-owned organizations. His experience with small community FIs or his experience with the mega-banks will give him insight and perspective that align with the company's prospects and existing clients already ranging in assets from a few million to $30 billion.

Mr. Bagley stated, "In today’s financial services marketplace FIs face a multitude of regulatory and compliance challenges. As FI’s broaden and change the landscape to improve their customer experience they need to be able to remove friction from increased regulatory focus and expansion." He continued, "Continuity is the market leader in solving the regulatory and compliance challenges FIs face today, and I am excited to join the team."

Continuity will be showcasing its regulatory change management solution, RegAdvisor® Pro and RegControls™, at the ABA Regulatory Compliance Conference in Orlando FL, June 11-14th booth 233.

About Continuity
Continuity is a leading provider of Regulatory Technology (RegTech) solutions that automate compliance management for financial institutions of all sizes. By combining regulatory expertise and cloud technology, Continuity provides a proven way to reduce regulatory burden and mitigate compliance risk at a fraction of the cost. Our solutions are designed to automate all aspects of compliance management, from interpretation of regulatory issuances through intuitive task delegation, vendor management, and board reporting. Continuity serves hundreds of institutions across the US and its territories. For more information about Continuity, visit http://www.Continuity.net/.

Press Contact: Noel May Vice President of Marketing Continuity Office: 866-631-5556 x232 Cell: 203-645-9038 http://www.continuity.net

Source: Continuity