Sarbanes-Oxley - COSO 2013 Ready
Since its’ inception in 2002, Sarbanes-Oxley has had a profound impact on publicly traded companies, and our OptiModel software and related services have kept pace, with the most recent change being the adoption of the COSO 2013 framework.

The new framework places increased emphasis on fraud and information technology, and extends the framework to include focus on non-financial reporting including compliance and operations. In addition, the new model recognizes the importance of risk assessment, control monitoring, and reporting along a number of different dimensions. OptiModel V8 brings superior, automated mapping and reporting tools so you can quickly convert your compliance data to the new COSO 2013 framework. In addition, you can assess your internal control environment across any number of user-defined hierarchies and regulations in addition to SOX, with the added capability to monitor and report across these dimensions at any level of detail.

Contact us today to get current with COSO 2013 and improve your compliance effectiveness.
Consumer Protection (CFPB) - OptiModel is Your Compliance Management Solution
Recent consumer protection laws enacted under the Dodd-Frank act and enforced by the Consumer Finance Protection Bureau (CFPB) have significant impact on a number of businesses including banks, mortgage companies, payday lenders, and collection agencies. The CFPB compliance approach is similar to the methods publicly traded companies follow to meet Sarbanes-Oxley regulations, and the COSO 2013 framework proves to be an effective framework for meeting regulations like the Fair Debt Collection Practices Act (FDCPA).

Contact us to learn how you can get your compliance program on the right track. We provide the tools and services you need to ensure you can comply with the most critical aspects of consumer protection regulations, including documentation and the implementation of controls over key processes ranging from debt purchases/sales, consumer communications, identity and purpose, complaint tracking, consumer data security, and third-party affiliates, among others.
Banking - How to Deal With Regulation Overload
Banks are faced with regulations that run the gamut from the recent consumer protection laws under Dodd-Frank (see CFPB), to Gramm-Leach-Bliley Act (GLBA) and anti-money laundering (AML) regulations, to name a few. With no end in sight, banks need a cost-effective way to manage these broad array of requirements, which encompass every department, without distractions or disruptions. OptiModel can seamlessly integrate into a bank’s normal business operations, and eliminate costly, time-consuming manual compliance tasks.

What does it cost you to eliminate MRAs and material weaknesses? Contact us to learn how OptiModel can ease your compliance burden.
ERISA – Enjoy the Latest Trend in Sponsored Retirement Plans - “Fiduciary Outsourcing”
ERISA compliance can seem daunting, and changes regularly. Ignoring it isn’t really an option; the future retirement of your co-workers is at stake. You might even have some personal liability. If you don’t have dedicated and well trained staff, you might be tempted to turn over compliance and administration to vendors. So, you’re left with disclosure requirements, monitoring reports, investment due diligence, plan design, service agreements for Covered Service Providers, and negotiations all on your own.

We’ve partnered with an ERISA plan specialist to help you address these questions and more. Through us, our partner can add horsepower to your existing plan and help you address regulatory requirements and provide documented processes, now and in the future. You can trust our partner's independent, expert analysis to benchmark your plan’s fees and performance, and potentially trim the cost of your current plan, to the direct benefit of your plan participants, all without switching or moving your plan.
Contact us now and start saving.
Other Regulations – The List Can Be Long
Federal, state, local – whatever the requirement, the burden is increasing.

Most compliance departments face common challenges and are looking for solutions to rein in costs, keep current, and minimize the impact compliance tasks have on company processes. If you are looking for a better way without adding additional overhead, then we can show you how to quickly ramp up and meet these challenges head-on without breaking the bank.Contact us now!