FIRE Online Training Delivers Mandatory Securities Compliance Requirement via the Internet. No Travel, Save Time, Save Money

FIRE Online Training, a leading provider of e-learning and e-compliance solutions for finance and insurance firms, is the first to launch a web-enabled solution allowing over 5,300 securities firms to deliver mandatory and highly regulated compliance meetings to 670,000 registered representatives straight to their desktop. This new solution reduces the costs of delivering this mandatory meeting required by NASD Regulators by an average of 17%, representing tens of thousands of hard dollars savings, and eliminating thousands of man-hours to manage the processes.

FOR IMMEDIATE RELEASE                     
For more information:         

Juliana Lutzi
Chief Executive Officer
FIRE Online Training, Inc.
(415) 247-1830
jlutzi@FIREOnlineTraining.com

      
FIRE Online Training Delivers Mandatory Securities Compliance Requirement via the Internet. No Travel, Save Time, Save Money

Securities firms meet stringent regulatory requirements; reduce costs by 17% and save thousands of management hours

SAN FRANCISCO, Calif. As businesses search for ways to reduce operating expenses, eliminate travel, and streamline business processes, FIRE Online Training, a leading provider of e-learning and e-compliance solutions for finance and insurance firms, is the first to launch a web-enabled solution allowing over 5,300 securities firms to deliver mandatory and highly regulated compliance meetings to 670,000 registered representatives straight to their desktop. This new solution reduces the costs of delivering this mandatory meeting required by NASD Regulators by an average of 17%, representing tens of thousands of hard dollars savings, and eliminating thousands of man-hours to manage the processes.

The Annual Compliance Meeting is an important forum to distribute new regulatory information to disaggregated workforces at financial and insurance firms. With FIREs new technology solution, firms benefit from not only a significantly more robust platform to disseminate information, track participation and employees knowledge retention, but also deliver cost and time savings," says Juliana Lutzi, Chief Executive Officer of FIRE Online Training.

Traditionally, Chief Compliance Officers travel to major cities and hold these mandatory meetings in off-site conferences rooms. This requires significant travel budgets as compliance professionals travel around the country holding these meetings.

These new methods of delivery streamline business processes by empowering individuals to self-register and attend their meeting via the Internet. The firms content is customized to meet their specific regulatory objectives. As individuals enroll and attend a live webcast, FIREs solutions require individuals to participate and answer questions proving that they have attended, understood, and able to apply the information presented in real-time.

FIREs management tracking reports summarize participants' answers, attendance, and comprehension for the live audio presentation, automating administrative functions and streamlining internal processes for the firm.

FIRE Online Training has significant experience delivering mandatory compliance and training solutions to the financial services industries to over 22,000 professional in the past year.

Our detailed reporting, not only provides effective monitoring of attendance and participation, but also minimizes the compliance risk by providing an unparalleled level of firm protection during a regulator audit," says Ms. Lutzi.

About FIRE Online Training
FIRE Online Training, Inc., based in San Francisco, CA pioneers online NASD exam preparation, e-compliance solutions, and continuing education in the finance and insurance industries. The company delivers an extensive financial services hub and e-learning solution for industry professionals, including customized internal training. In addition to having one of the highest pass rates for exam preparation in the NASD securities market space; FIRE is the first company to offer webcasting for compliance services. With over 20 years of NASD training experience and state-of-the-art Internet compliance solutions, FIRE delivers unmatched communications and learning solutions though its web-based engaging, interactive courses and services. Learn how FIRE streamlines compliance processes, visit www.FIREOnlineTraining.com, or call (415) 247-1830.