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Complinet Selected as Finalist for 'Compliance Solution' in Global Awards.


- Info Security recognizes Complinet as an innovator and leader in the compliance solutions industry -

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Complinet, the leading provider of solutions that dynamically deliver relevant compliance intelligence to industry professionals, has been named a finalist in the Info Security 2008 Excellence Awards.

Complinet was chosen for its innovation in the development of Complinet Policy Manager. Info Security Products Guide, the leading publication on security-related products and technologies, has named Policy Manager as a finalist in the Compliance Solution category of the 2008 Global Product Excellence Awards.

Complinet Policy Manager is an enterprise-wide content management and governance Governance makes decisions that define expectations, grant power, or verify performance. It consists either of a separate process or of a specific part of management or leadership processes. Sometimes people set up a government to administer these processes and systems.  tool built specifically for the compliance profession. It directly connects the internal 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  within financial institutions with external governing gov·ern  
v. gov·erned, gov·ern·ing, gov·erns

v.tr.
1. To make and administer the public policy and affairs of; exercise sovereign authority in.

2.
 regulations and rules. It actively constructs and maintains "live" relationships between an individual firm's corporate policies and the range of external regulatory changes that affect them.

This unique solution ensures that organizations can respond rapidly to changing rules and enforce those corporate policy changes quickly, reducing the likelihood of penalties and fines.

The Global Product Excellence Awards recognize security and IT vendors with advanced, innovative solutions that help to raise the standard for others in the same industry sector. With more than 11,000 end-users, channel partners, and Info Security Products Guide readers worldwide voting on and evaluating these products, the finalists represent the most innovative products in the market.

Rake rake, farm implement consisting of a row of straight or curved teeth of metal or wood attached to a bar or frame. It is used for gathering hay or grain into piles; for clearing fields, lawns, and yards; and for stirring and spreading soil.  Narang, editor-in-chief of Info Security Products Guide, said: "Technology continues to drive the pace of business as information is exchanged and resulting courses of action need to keep up to speed. This presents a challenge in highly-regulated industries, such as finance, where regulations and penalties can hit an organization almost before they have worked out how to handle them. Complinet provides a way for companies to see, understand and act on regulations before they are hit. Complinet's products and technologies help organizations in a constantly changing landscape."

Paul Johns Paul John is a former Wales international rugby union player. A scrum-half, he played his club rugby for Pontypridd RFC. , chief marketing officer at Complinet, said: "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 is a demanding industry with regulations, policies and the risk of fines and penalties changing on a daily basis. We understand how this evolving environment affects our customers, especially if they do not act fast. We are proud that Info Security Products Guide voters recognize our achievements and identify us as a major industry player.

"By offering our customers multiple technology products to track and manage constant change, we help them save both time and money. Our innovations, such as Policy Manager and our latest product launch, Complinet Tracker, give financial institutions a competitive advantage over others. Tracker, a web-based platform that delivers a single, enterprise-wide 'early-warning' system for upcoming regulatory changes, continually con·tin·u·al  
adj.
1. Recurring regularly or frequently: the continual need to pay the mortgage.

2.
 tracks regulators' activities across the globe and immediately alerts users when any potential change occurs. This gives users a longer lead time to introduce and implement necessary policy changes, which is critical as market forces and globalization globalization

Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation
 combine to drive a fast-paced finance industry that faces continual regulatory change, high stakes High Stakes is a British sitcom starring Richard Wilson that aired in 2001. It was written by Tony Sarchet. The second series remains unaired after the first received a poor reception.  and risks," Johns added.

The Global Product Excellence and Outstanding Award winners will be honored hon·or  
n.
1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate.

2.
a. Good name; reputation.

b.
 on January 30 2008 at Technosium 2008 during the Info Security Products Guide Global Awards ceremony at the Santa Clara Santa Clara, city, Cuba
Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba.
 Convention Center, located in the heart of Silicon Valley, California, USA. Complinet will be among the other leading industry players at this event.

The complete list of finalists can be found on the Info Security Products Guide web site at www.infosecurityproductsguide.com/winners/2008/.

About Complinet

Complinet is the leading provider of solutions that dynamically deliver relevant compliance intelligence to industry professionals within the highly regulated global financial services community. Complinet enables customers to minimize their exposure to risk by providing the information and technologies they need to track and connect live external events, such as regulatory or sanction sanction, in law and ethics, any inducement to individuals or groups to follow or refrain from following a particular course of conduct. All societies impose sanctions on their members in order to encourage approved behavior.  changes, with internal policy management and screening activities.

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

In August 2007, Financial News named Complinet as one of the 21 technology companies most likely to shape the future of the financial services industry.

About Info Security Products Guide Awards

Info Security Products Guide sponsors leading conferences and expos worldwide and plays a vital role in keeping end-users informed of the choices they can make when it comes to protecting their digital resources. It is written expressly for those who are adamant on staying informed of security threats and the preventive preventive /pre·ven·tive/ (pre-vent´iv) prophylactic.

pre·ven·tive or pre·ven·ta·tive
adj.
Preventing or slowing the course of an illness or disease; prophylactic.

n.
 measures they can take. You will discover a wealth of information in this guide, including tomorrow's technology today, best deployment scenarios, people and technologies shaping info security and independent product evaluations that help firms to make the vital security decisions. The Info Security Products Guide Awards recognize and honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft.  excellence in all areas of information security. To learn more, visit www.infosecurityproductsguide.com and stay secured.
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Publication:Business Wire
Date:Oct 22, 2007
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