FOR IMMEDIATE RELEASE: Treliant Lays Out New Strategic Approach to Compliance Management at American Bankers Association’s Regulatory Compliance Conference
Washington, DC – June 13, 2011 – Treliant Risk Advisors, LLC, a leading compliance and strategic advisory firm specializing in the financial services industry, held a session this morning at the American Bankers Association’s 2011 Regulatory Compliance Conference to announce and review a new strategic approach to compliance management.
“Few traditional compliance programs can meet the new mandate to assure ‘fairness’ as well as compliance, and few fully leverage resources to contain rising costs,” said Jo Ann S. Barefoot, Co-Chair of Treliant Risk Advisors and former Deputy Comptroller of the Currency. “It is time for a new model, one that has the power to contain costs as well as risks. We call this Breakthrough Compliance ™.”
During Treliant’s session this morning, Ms. Barefoot, together with Catherine M. Brown and Kathlyn L. Farrell, Managing Directors of Treliant Risk Advisors, discussed with attending bankers how regulatory change today, with its unprecedented nature, pace, and scale, is fundamentally different from what we have seen in the past. They shared with those attending a new approach to managing the flood of rules and the new fairness mandate.
“The issues posed by the current regulatory environment require fresh thinking,” said Andrew L. Sandler, Chief Executive Officer of Treliant Risk Advisors. “We are proud to be able to offer a new strategic approach that addresses both the cost and risk concerns that compliance officers and CEOs face today.”
The ABA Regulatory Compliance Conference began this past Sunday, June 12th and is scheduled to end on Wednesday, June 15th. It is being held at the Washington Marriott Wardman Park Hotel.
Leading off the conference late Sunday afternoon, Jo Ann Barefoot joined former Comptroller of the Currency John Dugan in examining the impact and consequences of the Dodd-Frank Act and the regulations that are following in its wake. In addition, Andrew L. Sandler joined a panel on Sunday and again today that addresses hot topics in Fair Lending; on Tuesday, Lyn Farrell and a panel of experts will focus on ways to streamline the compliance process for maximum effectiveness and efficiency. Lyn Farrell also joined a panel in conducting the Saturday pre-conference workshop on the “Life Cycle of a Mortgage Loan Transaction.”
About Treliant Risk Advisors LLC
Treliant Risk Advisors, headquartered in Washington, DC and with offices in New York and Los Angeles, is a multi-disciplinary consulting, compliance, and strategic advisory firm for the financial services industry. With a strong team of highly experienced executives who have held senior leadership positions in Fortune 100 companies, financial institutions, and regulatory agencies, Treliant Risk Advisors provides its clients with critical compliance, risk management, and business advice and solutions. Services include: crisis and risk management, regulatory compliance, business consulting, acquisition strategy, corporate governance, due diligence, self-testing, portfolio evaluation, financial analysis, and litigation expert sourcing. For more information, visit www.treliant.com.
