HEIT - The Financial Industry IT Experts

February 16, 2010 13:02 ET

GLBA Co-Author Paul Reymann Joins HEIT's Executive Leadership

FORT COLLINS, CO--(Marketwire - February 16, 2010) -  HEIT, the Master Managed Services Provider for the financial industry, announced today that GLBA Security Rule co-author and former Federal Regulator Paul Reymann has been formally appointed to a strategic advisory position by HEIT's Board of Directors. 

"Paul Reymann brings the expertise and risk management knowledge that will help us to evolve and deliver on HEIT's vision of managed compliance for our bank and credit union clients," said CEO Dan Holt. "Paul is a forward-looking thought leader and true visionary in these domains. We are excited about the value Paul brings to HEIT's clients. His ability to share his deep knowledge and understanding of the regulatory world into our Managed Compliance service will simplify our clients' path to compliance and risk management."

Reymann describes his vision for HEIT's Managed Compliance service as the leading industry resource. It will deliver not only the IT and BCP compliance automation of today, but also, immediate and real-time strategic, tactical, and operational intelligence to a bank and credit union on its state of security, compliance, performance, and risk.

"As we move forward, HEIT's Managed Compliance service and team of risk-savvy experts will be core to helping each client remain focused and informed on its compliance and risk posture," Reymann said. "HEIT helps clients quickly and economically move beyond the 'stress' and 'value' stimulus -- traditionally associated with risk management and compliance practices -- to a 'performance' stimulus. Managed Compliance enables each bank and credit union to convert its risk management and compliance practices into a competitive advantage."

Reymann brings significant financial industry expertise and thought leadership in compliance, risk management, and security domains. With more than 24 years in the industry (13 years with the Treasury, 11 years as senior executive at private companies serving financial institutions), he is cited frequently in industry publications and often serves as an author and speaker for such topics as the future of risk management, simplified compliance, network and information security, and other safety and soundness topics.

"It is my honor to be working closely with HEIT to successfully execute its vision for managed security, compliance, and performance," Reymann said. "Banks and credit unions need an industry-specific, reliable, and economical solution to help them manage risk, comply with a growing number of compliance mandates, and pass their next exam. HEIT understands what banks and credit unions need in 2010 and beyond. I am excited to be able to work with HEIT's experts to bridge the growing gap between the need for simplified compliance and a real solution. How can I not be excited about a company that has been around for the last decade with 100 percent positive client references and 100 percent client retention?"

About HEIT
Financial institutions improve efficiency ratios, performance, and risk management with HEIT's PCS-4 Platform, built exclusively for banks and credit unions to align business technology with business strategy. HEIT provides best-in-class IT performance, compliance, and security managed services to help financial institutions improve profitability and efficiency, reduce risk, and mitigate security threats in the face of market contraction, margin compression, and increasingly complex regulatory environments. Tested as stringently as the most secured financial institution, the platform offers flexible, affordable service levels -- that means HEIT handles your risk and technology management so you can focus on core business initiatives. Learn more about HEIT at

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