National Regulatory Services, a maker of compliance software, has upgraded its ComplianceMAX platform. The software helps broker-dealers, advisers, banks and insurance companies handle audits, complaints, and registration. It's used by 160,000 financial services users in 500 firms.
The new edition of Continuing Education Module, part of ComplianceMAX, includes new courses along with upgraded administrative features, National Regulatory Services said Monday. The new program has additional courses on annual compliance meetings and insurance, the company said. The module has been enhanced with a revised user dashboard for registered representatives and other supervised personnel. A new alert system notifies students that courses are available and sends reminders to those who have not completed their obligations. The administration of the overall continuing education program has also been upgraded with detailed student tracking, status and reporting. A program progress report lets an administrator obtain a summary for each user's overall progress against the annual continuing education program. An admin student progress report lets an administrator drill down into the progress (credit status and score) of each continuing education assignment across the entire user population.
The Skokie, Ill.-based National Regulatory Services is part of BankersAccuity, a payments and compliance firm.
