SOURCE: QUMAS

February 21, 2006 08:00 ET

QUMAS Sponsors IA Compliance Best Practices Summit 2006

FLORHAM PARK, NJ -- (MARKET WIRE) -- February 21, 2006 -- QUMAS, the leading developer of enterprise compliance, governance and risk management solutions, will be a silver sponsor of the 8th Annual IA Compliance Best Practices Summit. This year's IA Summit will be held at the Ritz Carlton Hotel in Washington, D.C., and runs from February 27th to February 28th. QUMAS representatives will be available at booth #20 to discuss and demonstrate the QCompliance Suite™, a complete compliance framework that allows financial service firms to initiate enterprise-wide compliance programs covering many regulations with a single solution. Additionally, QUMAS will be sponsoring the Idea Exchange breakfast on Tuesday, February 28th. This breakfast session will engage the attending compliance executives and legal professionals in an open discussion about practical solutions and real-world guidance in effectively managing compliance.

"Corporations are facing mounting legislative and regulatory pressures," stated Paul Hands, CEO of QUMAS. "Organizations that have chosen to tackle compliance projects on a case-by-case basis are realizing that this approach is flawed, and results in a higher than expected total cost of ownership and restricted business flexibility. To ensure long-term benefits and improve business performance organizations must take a holistic approach when it comes to compliance."

QCompliance Suite

The QCompliance Suite is an integrated compliance framework that ensures organizations remain in a state of constant compliance while covering multiple regulations with a single solution. Designed to allow organizations to initiate and maintain a sustainable compliance program, the QUMAS solution brings together the multiple disciplines of policy management, process enforcement, monitoring and reporting into an integrated solution. QCompliance is architected to streamline, organize, and automate compliance-related activities on an enterprise-wide level. Additionally QCompliance is highly configurable, lending itself to handling the current and future compliance requirements, across business disciplines, without coding.

About QUMAS

With over a decade of experience, QUMAS is the only global compliance software company offering a complete solution to regulated industries. Recognized as the world leader in Enterprise Compliance, Governance and Risk Management, the company has over 250 customer deployments including global leaders such as Fidelity Investments.

QUMAS is the only vendor that offers a suite of products that enables financial services and life sciences companies to achieve complete, enterprise-wide compliance with a broad range of regulations and initiatives including Sarbanes-Oxley, Investment Company Act 38a-1, USA PATRIOT Act, Anti-Money Laundering, Basel II, 21 CFR Part 11, cGxP, eCTD, Clinical Operations, Regulatory Affairs and Change Control.

QUMAS provides highly configurable applications, ready for validation and deployment within regulated environments. Based on open systems platforms, QUMAS technology integrates seamlessly with existing corporate databases, applications, operating systems and hardware from most major vendors.

For more information visit http://www.qumas.com.

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Contact Information

  • Contact:
    Michael Kane
    Director of Marketing
    QUMAS
    (978) 257-2179