Raleigh, Oct. 4, 2012 (GLOBE NEWSWIRE) -- RegEd, the leading provider of technology solutions for compliance for the financial services industry, confirmed today that it has successfully completed its acquisition of Arkovi, the award-winning social media solution for archiving and surveillance.
With the purchase of Arkovi, RegEd is launching a new suite of products, Social Media and Communications Compliance. This solution centralizes the control and review of a firm's marketing efforts across the entire social media landscape and streamlines compliance for employees, the marketing department and compliance professionals.
RegEd's Social Media and Communications Compliance includes Social Media Archiving and Surveillance from Arkovi, Emerald Connect's social media content and advisor websites, RegEd's Advertising Review module, and RegEd's SCORE for Compliance enterprise platform with its Risk Analytics Suite that clients can use to actively track and evaluate all of their compliance efforts. Additionally, RegEd has newly created education on the rules, regulations and best practices for Social Media.
John M. Schobel, RegEd CEO, stated, "With the rapid adoption of Social Media, we wanted to provide clients with a comprehensive solution that addressed all aspects of compliant customer communications. The purchase of Arkovi is the foundation of our Social Media and Communications Compliance suite of products and combined with our sister company, Emerald Connect, we can offer advisors and their firms a dynamic and multipronged approach to expand their footprint through social media while maintaining FINRA and SEC compliance."
RegEd, a StoneRiver Inc. company, is a leading provider of technology solutions for compliance and risk management serving over 800 enterprise clients including 80 of the top 100 financial services firms. Established in 1994 by former regulators, the company is a recognized industry authority and has created the standard of excellence for rule-based compliance automation for broker-dealers, investment advisors, insurance companies and their distributors. Our client-driven solutions deliver superior operational efficiency and enable firms to cost-effectively comply with state and FINRA regulations while mitigating risks before they occur. For more information, please visit our website at: www.reged.com.
CONTACT: MEDIA CONTACT: Elizabeth James, RegEd, 919.653.5439