ATLANTA, Jan. 3, 2017 /PRNewswire/ -- BasisCode Compliance LLC ( www.basiscode.com), a leading provider of regulatory compliance software solutions, has formed an advisory council of leading compliance consulting firms to provide industry input in the continuing development of its award-winning compliance software platform.
The BasisCode Advisory Council consists of four prominent compliance consulting firms - Alaric Compliance Services, Cipperman Compliance Services, Hardin Compliance Consulting, and SEC Compliance Consultants - as well as a leading cyber security specialist - BW Cyber Services. The addition of cyber security expertise to the council signals the growing importance of incorporating cyber security into next generation solutions. The advisory council will provide independent guidance and industry insights that reflect ongoing changes in the regulatory environment and the members' client feedback. The council's input is designed to ensure the Compliance Consultant Manager continues to serve the evolving needs of industry consultants and their clients allowing them to focus on their core offerings. "Simply put, the BasisCode Advisory Council will help us better serve our consulting clients and their clients," said Carlos Guillen, BasisCode Compliance president and CEO. "By incorporating the group's expertise into our platform, we hope to ensure that all compliance and regulatory consultants have the tools they need to do their job more effectively." "We bring to the Council our unique position as a longstanding CCO outsourcing leader whose consultants have accumulated decades of hands-on experience and insight," said Alaric Compliance Services CEO Guy Talarico. "Complementing our expertise with time-tested technology is ultimately a win for our clients, who can reduce their reliance on manual processes without us having to build capabilities from scratch." "In the end, it's all about making it easier for the industry to manage an effective compliance program," said Todd Cipperman, Cipperman Compliance Services. "By participating in the BasisCode Advisory Council, we can share best practices and experiences that will ensure that our clients are prepared to handle changing regulatory challenges." "By reducing the use of spreadsheets, email, paper and partial solutions, our clients know that we are providing our services in the most efficient, secure, and cost-effective manner," said Jaqueline M. Hummel, Hardin Compliance Consulting. "The goal is to determine what our clients need and applying modern technology to provide an optimal solution to managing compliance programs. Working with a cyber-security expert will help us address one of the highest - and least understood - risks facing the industry." "While technology itself will never replace the expertise and judgement provided by a compliance consultant, technology is absolutely required in order to provide an effective and scalable compliance offering to clients" said John Lukan, of SEC Compliance Consultants, Inc. "While we explored building our own proprietary technology, we realized that an enterprise solution requires specific expertise that is difficult and expensive to create and maintain, especially in light of the ongoing business continuity and security requirements. After extensive research, we found BasisCode offered the flexibility and enhanced functionality we were seeking. We are excited to be part of this new advisory group and able to contribute to its future development." Michael Brice, founder and CEO of BW Cyber Services said, "By participating in the BasisCode Advisory Council, we can share cyber best practices and industry experiences that will ensure that clients are best prepared to handle changing regulatory challenges in a pragmatic manner that also provide real-world, operational benefits."