Washington, DC (PRWEB) April 18, 2007
CFM Partners, global provider of sophisticated governance, risk and compliance (GRC) management solutions to the financial services industry, has introduced Access Compliance™, a highly-evolved policy and procedure management and education solution.
Features and Functionality
Access Compliance is the first full-featured solution to address management, distribution and employee education in policies and procedures. From the original authoring to the reporting of employee comprehension, the functionality available in Access Compliance significantly outstrips the functionality and effectiveness of common toolsets and content management solutions. Its patent-pending e-learning functionality, integrated control and comprehension testing, and automated workflows are combined with knowledge of CFM's regulatory compliance experts to provide financial services companies with unprecedented ability to manage compliance effectively. This expertise makes it possible for CFM to "translate" policies and procedures from legal-ese into plain English and has been shown to accelerate employee understanding and adoption.
In summary, Access Compliance . . .
. . . Is designed exclusively for the financial services industry;
. . . Includes Tracking and Control - from authoring to implementation;
. . . Leverages patent-pending Push-to-Profile tailored dissemination of policy and procedure information relevant to each employee;
. . . Translates content into "plain English" content for improved comprehension;
. . . Includes both comprehension and control testing;
. . . Generates real-time reporting and documentation;
. . . Is available in multiple versions specific to the distinct lines of business and business groups within financial services;
. . . Provides almost infinite scalability - Access Compliance is ideal for a single business unit or an entire global enterprise;
. . . Seamlessly integrates CFM's high quality education component to disseminate, train and test employees on policies and procedures.
Push-to-Profile: Relevance Increases Comprehension & Compliance - CFM's patent pending Push-to-Profile functionality makes it possible to configure information dissemination and training to the roles and responsibilities of each user, making information easy to find, more relevant and facilitating both comprehension and compliance behavior. Access Compliance delivers high-quality, interactive, policy education courses, enhanced by case studies and scenarios in exceptionally easy-to-read terms and well-organized formats. Employees receive multiple education courses on products, compliance, and sales practices. Taking relevance one step further, CFM Partners' content experts also make sure that information is presented in "plain English" to facilitate review and understanding.
Tracking and Control - Leveraging CFM's exclusive Tracking and Control features, Access Compliance provides senior management with automatic, real-time tracking reports detailing who, how many, how much and when employees receiving, reviewing and demonstrating comprehension of company policies and procedures. Tracking, control and testing can also be useful during the development of company policies to ensure the authoring, review and sign-off process progresses efficiently and that policies are tested against regulations and procedures are tested against policies.
As part of CFM's Tracking and Control, Access Compliance produces important reporting and documentation. This fulfills an important requirement of outside regulators by generating an "audit trail" of the employee dissemination, review and comprehension. Access Compliance ensures that each employee receives the information that is relevant to their role and responsibilities. This takes the guesswork out of policy and procedure dissemination. Access Compliance reports can also be configured to detail how policies and procedures tie to regulatory requirements.
Despite its many unique features and capabilities, Access Compliance is the most cost-effective approach to achieving high quality policy and procedure management. Savings are quickly realized as a result of these benefits:
- Eliminates the need to pull employees off- task for classroom training;
- Requires no specialized trainers or facilities;
- Makes no demands of existing Information Technology resources;
- Does not require special end-user technology - an Internet connection is all that is needed;
- Demands no installation or maintenance - can be fully hosted by CFM, providing users with 24/7 availability.
- Facilitates authoring by providing an efficiently automated review and sign-off workflow during policy development;
Versions, Pricing and Availability
Access Compliance is now available directly from CFM Partners in multiple versions, each tailored to the distinct needs of the many segments of the financial services industry (e.g., Retail Brokerage, Institutional Brokerage, Registered Investment Advisors, Banking, Insurance, etc.). Access Compliance is available as a fully hosted solution, or in a format that resides behind the corporate firewall. Pricing is based on the volume of information and the number of users. Complete details are available from CFM Partners.
About CFM Partners
CFM Partners builds, hosts and supports the worldwide Financial Service industry's most sophisticated and comprehensive Governance, Risk Management and Compliance (GRC) education and management solutions. Our solutions set the standard for high quality, reliable, secure, accessible, audience-appropriate knowledge and information. Offerings include Policy and Procedure Management, sophisticated GRC learning solutions and custom compliance training tools. Further information is available by visiting http://www.cfmpartners.com.