| How they describe themselves: Continuity Control (Control) organizes and facilitates the work of compliance within a financial institution. This is key to addressing the issue of ever-increasing governmental oversight, rising costs associated with compliance, the amount of work and resources required and the overall burden to the organization, which Continuity refers to as the Compliance Tax.
Control features applications (APPs) that all work together and provide policies, tasks and assignments that ensure that annual oversight, periodic reviews and routine operation tasks get to the proper individuals with a financial institution at the right time. Think of Control as a pre-programmed Universal Remote that organizes everything into one place.
What they think makes them better: Continuity Control was founded in late 2008 by financial service and compliance industry veterans who were seeking to simplify the process of governance, compliance and risk management for banks and credit unions throughout the United States. The company has pioneered the use of collaboration and social networking among bank, credit union and financial industry executives to create cost effective solutions that streamline, organize and manage policies, procedures and audit programs. Using a Software as a Service (SaaS) model, Continuity Control has developed an on-demand, Web-based software foundation for financial institution controls that automates the regulatory process for community banks and credit unions, while at the same time offering more visibility, cost saving and operational efficiency.
Key Executives: Andy Greenawalt (Founder and CEO), Jim Kisch (Chief Strategy Officer), Karen Lindsey (CFO & SVP Human Resources), Marvin (Mickey) Goldwasser (SVP, Marketing), Pete Halenar (SVP, Alliances & Business Development), Joel Nimety (SVP, Technology)
Investors: Connecticut Innovations, First Round Capital, Launch Capital, Top Floor Capital, Gnostic Ventures
Board Members: Andy Greenawalt (Founder & CEO Continuity Control), Michael D. Nicastro (President, Central CT Chambers of Commerce), Anil Vasagiri (Director, Investments Connecticut Innovations), Kent Goldman (Principal, First Round Capital)
Key Partnerships: Intelligent Banking Solutions (IBS), Susan Orr, Consulting, LTD, Attus
Technologies, Agility, Network Center, Message Watcher
Contacts:
Bus. Dev.: Peter Halenar, SVP, Alliances & Business Development, pete@continuity.net
Sales: Andy Greenwalt, Founder & CEO, andy@continuity.net
Press: Marvin (Mickey) Goldwasser, SVP Marketing, mgoldwasser@continuity.net |
