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Community Bank of Nevada Chooses Compliance 360 for their Enterprise-wide Compliance Solution.


ATLANTA -- Compliance 360, a provider of governance, risk and compliance (GRC GRC Greece (ISO Country code)
GRC Glenn Research Center (NASA)
GRC Governance, Risk and Compliance
GRC Gendarmerie Royale du Canada (RCMP - Canada)
GRC John H.
) management software, is pleased to announce Community Bank of Nevada has chosen Compliance 360's policy and contracts solutions to streamline and automate their compliance management enterprise-wide.

Community Bank of Nevada is a rapidly growing bank serving the commercial and consumer banking needs of communities in southern Nevada and northern Arizona Northern Arizona is dominated by the Colorado Plateau, the southern border of which in Arizona is called the Mogollon Rim. In the West lies the Grand Canyon, which was cut by the flow of the Colorado River while the land slowly rose around it. , with assets in excess of $1.4 billion. Due to their rapid growth, Community Bank of Nevada identified the need for a comprehensive solution to more effectively manage an increasingly complex regulatory environment, collaborate across key business teams, automate manual operational processes, and simplify the bank's ongoing compliance related activities. After evaluating several software platforms, Community Bank of Nevada selected Compliance 360 for their broad product functionality, user-friendly interface, and extensive product breadth.

Compliance 360 is the industry's only enterprise-wide GRC platform that addresses general compliance management, "Regulatory Intelligence", and operational risk management. Through this solution, customers can standardize and automate each compliance process across all business units thereby eliminating information silos and inefficiencies. The result is greater agility, improved collaboration, and reduced time and resource costs associated with compliance processes.

"Today, bankers are challenged to cope with an increasingly complex regulatory environment, with limited resources. We are pleased that Community Bank of Nevada selected Compliance 360 to assist in simplifying their immediate compliance management activities, as well as identifying us as a feature rich platform to support their longer-term initiatives," said Steve McGraw, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and President of Compliance 360, Inc. "As Compliance 360 continues to expand our customer base in the Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 sector, we remain committed to delivering the most comprehensive GRC solution to enable organizations of all sizes to proactively address and manage compliance mandates efficiently."

About Community Bank of Nevada/Community Bancorp

Community Bancorp (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: CBON) is a Las Vegas-based community bank holding company which operates through Community Bank of Nevada (Nevada) and Cactus Commerce Bank (Arizona). Through their current 14 full service banking offices in Nevada, two loan production offices located in Phoenix and San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , and the recently acquired Cactus Commerce Bank in Arizona, the bank provides commercial banking services, including real estate, construction and commercial loans and SBA SBA
abbr.
Small Business Administration

Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government
 loans, to small- and medium-sized businesses. For more information about Community Bancorp, visit their website at www.communitybanknv.com.

About Compliance 360

Compliance 360 helps companies in regulated industries address the most important facets of a comprehensive governance, risk and compliance management program. The results are reducing risks, improving efficiencies and protecting a company's brand. The Compliance 360 on-demand software See SaaS.  suite includes products that address IT governance, policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental  management, incident management, surveys, Sarbanes Oxley compliance and enterprise risk management. Compliance 360 has headquarters in Atlanta, GA and assists customers in financial services, healthcare, insurance, and other highly regulated complex business environments. For more information, visit Compliance 360 at www.compliance360.com.

Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat.

Trained by D.
: Compliance 360 is a registered trademark of Compliance 360, Inc. All other trademarks are recognized as proprietary to their owners.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 24, 2007
Words:501
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