TriNovus Enhances TriComply Service

TriNovus, LLC (www.trinovus.com), a company focused on delivering technology solutions to the financial marketplace, announced today that it has made significant additions to its TriComply compliance service for financial institutions. The enhancements include the TriComply Compliance Manual, TriComply Policy Manual and an enhanced landing page where members can view top stories and compliance-related news that the TriComply advisory team believes to be pertinent.

The TriComply Compliance Manual focuses on key federal consumer compliance and BSA regulations. As regulations are amended and new ones issued, the manual is updated accordingly. The information included is compiled from a variety of resources, including the regulations, statutes, laws, examination manuals, interagency guidance, regulator guidance, federal institutional letters, consumer affairs letters, TriComply’s discussions with the agencies, TriComply’s experience as bankers, and delivered to financial institution compliance officers in a format that is much easier to interpret than the actual regulations.

“The TriComply Compliance Manual is meant to serve as a guide to the most common compliance matters that institutions face each day,” said Blair Rugh, head of the TriNovus TriComply team. “The manual serves as a concise guide for the complicated regulations that are imposed on financial institutions today,” he said.

Policies and procedures are the cornerstone of a strong compliance management system and are an area in which regulators apply intense scrutiny. As such, TriNovus has developed the TriComply Policy Manual to provide a framework or baseline for compliance officers to customize policies to meet the specific needs of their banks.

“The TriComply Policy Manual provides compliance officers a place to start, rather than having to spend their time drafting a policy from scratch,” said Leah Hamilton, vice president of compliance for TriNovus. “Writing policies is a time consuming, complicated process and with the policies from TriNovus, compliance officers can be confident they are working from an accurate starting point,” she said.

TriNovus president and CEO David Brasfield stated that the new TriComply enhancements are currently included in the monthly subscription price that active TriComply members pay, but could be offered to new customers as separate modules in the future.

About TriNovus

TriNovus, a Birmingham, Ala.-based company, was founded with the goal of delivering technology solutions to the financial marketplace. TriNovus offers core processing and associated services through its eBank data center. The TriNovus product suite also consists of solutions addressing compliance, stress testing, vendor management and distressed assets. For more information on TriNovus, visit www.trinovus.com or contact David Brasfield at 205.991.5636 or david.brasfield@trinovus.com.