Posted by on Dec 16, 2015 in Press Release | 0 comments

 

Miami, Florida, November 2015 Press Release

FinWebTech is pleased to announce that it has successfully deployed its flagship product Catalyst Automated Compliance Solution.

Catalyst has completed its Beta trial phase and has been implemented in production at Broker Dealers located in Miami and New York. Catalyst has received excellent feedback from the Broker Dealer, Compliance Consulting and Legal industries as being a much needed tool to help firms manage the increasing regulatory requirements. FinWebTech’s Founder and CEO Don Lee said he was extremely happy with the results and the application and its exactly as he envisioned. He also said that coming from the industry, it was important that Catalyst be an affordable application for firms of all sizes to have access to automated compliance technology in this highly regulatory climate.

Catalyst is a unique product designed by compliance for compliance with modules for Risk Assessments and Management, Transaction Monitoring for AML, Suitability and Risk, Supervisory Management Controls, AML Centers, Suitability Centers, KYC and a Document Repository to name a few of the key tools; all of which are necessary for an effective compliance program.

 

About FinWebTech

FinWebTech is a Service as a Software (SaaS) company developing compliance automation applications to assist firms with ‘Big Data’ and the growing needs of compliance in the financial services industry. FinWebTech’s inaugural product Catalyst provides firms with: Automated Transaction Surveillance for AML and Suitability;  Risk Assessments and Risk Management tools; Trade Blotter Management, AML Management, Suitability Management and FINRA 2111 controls; Supervisory and Management Controls,  Audit Logs, KYC, Document Repository and other tools to assist compliance and AML departments manage their programs and reduce risk. Unlike other applications, Catalyst is unique because it was designed by an industry experienced Chief Compliance Officer for compliance. FinWebTech’s mission is to provide all financial services firms with access to compliance automation and has priced its products to give small to medium sized firms access to technology.

For more information on FinWebTech and Catalyst, please contact Don Lee at
don.lee@finwebtech.com or 305-409-1307

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