Complinet Hosts 2009 Customer Advisory Board Meetings.

Operational Risk Noted as One of the Key Challenges for Compliance and Risk Professionals

NEW YORK & LONDON -- Complinet, the leading provider of connected risk and compliance solutions to the global financial services community, has hosted its first two Customer Advisory Board meetings in New York and London where it was confirmed that the connections between compliance and operational risk, as well as executive oversight, are emerging as key trends as the markets recover.

Chris Pilling, chief executive at Complinet, said: "Our clients have confirmed that their key areas of concern and focus include getting compliance in the boardroom, and the importance of thinking global but acting local on issues such as gifts and gratuities. The over-arching theme was the need to step away from siloed pockets of compliance and risk to a connected global approach."

He continued: "For the last 12 years, our products have been built by compliance professionals for compliance professionals. The Customer Advisory Board allows us to sit down and really talk with our customers, to understand their challenges and current approaches and to listen to how they are using our tools and what we can do to further help them meet their compliance obligations."

Current members of Complinet's New York Customer Advisory Board include:

Abel Noser: David Sobel, EVP & Chief Compliance Officer BNP Paribas: Steve Strombelline, Head of Ethics & Compliance (North America) Cowen & Company: Paul May, Deputy Chief Compliance Officer Credit Suisse: Pam Armstrong, Director, Legal & Compliance Deutsche Bank: AJ Bosco, Director, Compliance Morgan Stanley: Gil Jeffries, Executive Director, Law Division Prudential: Sean Regan, Director, Compliance UBS: Allison Flynn, Director, Compliance

Current members of Complinet's London Customer Advisory Board include:

Calyon: Imtiaz Khan, Head of Central Compliance Deutsche Bank: Mike Parker, Director - Regulatory Affairs, Compliance Investco: Maria Mademyr, Senior Compliance Executive Prudential: David Parsons, Group Compliance Manager UBS: Susan Merchant, Regulatory Affairs, Compliance Officer

Customer Advisory Board discussions center on feedback and insights found in using Complinet's Regulatory Insight and Global Screening solutions, as well as input and recommendations for products still under development. In the current economic environment, it is critical to listen to customers to drive loyalty and to ensure products are fulfilling risk and compliance requirements. The feedback provided during the board meetings provided Complinet with a more detailed understanding of those requirements and the best ways to remain the innovative compliance partner that financial firms have come to rely upon.

About Complinet

Complinet is the leading provider of connected risk and compliance solutions to the global financial services industry.

Complinet's cost-effective range of services includes a 'complete' service that delivers insight and interpretation of regulatory risks and developments, a portfolio of compliance e-learning courses and solutions designed to help minimize exposure to risk by providing the ability to track efficiently and connect live external events, such as regulatory or sanction changes, with internal policy management. An extensive screening portfolio also provides a connected approach by linking due diligence, AML and anti-fraud activities into a unified risk-based platform.

Complinet was founded in 1997 and employs more than 200 people in its offices in New York, London, Sydney, Melbourne, Singapore and Dubai. Every day, industry professionals in more than 1,800 firms across 81 countries rely on Complinet to provide information, analysis and solutions that help them keep pace with changing regulations. www.complinet.com