RAMSEY, N.J. and RICHARDSON, Texas, March 31, 2016 (GLOBE NEWSWIRE) -- All Covered — a division of Konica Minolta Business Solutions USA, Inc. (Konica Minolta) and Continuity, a leading provider of Regulatory Technology (RegTech) solutions for compliance automation, today announced a strategic partnership. Leveraging Continuity's expertise in regulatory compliance and SaaS technology, together with All Covered's IT and Information Security solutions, the partnership creates one of the most compelling IT/IS Compliance platforms available.
IT/IS Compliance represents one of the most pressing needs in the financial services market. The opportunity for this unique alliance is due to the growing need from both of the company's clients to expand the IS compliance function beyond the IT department.
"Continuity's mission is to reduce the compliance burden for community banks and credit unions. While addressing a broad range of compliance issues, we wanted to leverage our platform to help organizations address their IT compliance needs as well. The best way to do this was to partner with a world class company like All Covered." said Andy Greenawalt, CEO of Continuity, "With over 900 IT professionals, and mutual dedication to the banking market, All Covered is the perfect partner to hit the ground running to make an immediate impact and serve the industry's needs."
"We're excited to deliver IT/IS services such as WISP, BCP, Vendor Management, Infosec Risk Analysis and Cybersecurity training through this platform," said Sebastian Fazzino, National Director, Finance Industry, All Covered. "Through our partnership with Continuity, we'll be able to complement our IS compliance services with a fully automated compliance platform to make it easier for our clients to manage their IT/IS compliance processes."
The combined technology platform will be rolled out to a select number of institutions in March 2016 and will officially launch in Q2 2016.
About Konica Minolta
Konica Minolta Business Solutions U.S.A., Inc. is a leader in information management focused on enterprise content, technology optimization and cloud services. Our portfolio of offerings deliver solutions to improve our customers' speed to market, manage technology costs, and facilitate the sharing of information to increase productivity. The All Covered IT Services division offers a range of IT strategy, support, project and cloud computing solutions across all verticals. Konica Minolta has won numerous awards and recognition, including placement in the Leaders Quadrant on the Gartner 2014 Magic Quadrant for Managed Print Services (MPS) and Managed Content Services (MCS). Konica Minolta has been recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for nine consecutive years. Konica Minolta, Inc. has also been named to the Dow Jones Sustainability World Index for four years in a row. For more information, please visit: www.countonkonicaminolta.us and follow Konica Minolta on Facebook, YouTube, and Twitter @konicaminoltaus.
About Continuity
Continuity is a leading provider of Regulation Technology (RegTech) solutions that automate compliance management for financial institutions of all sizes. By combining regulatory expertise and cloud technology, Continuity provides a proven way to reduce regulatory burden and mitigate compliance risk. Our ecosystem of solutions is designed to automate all aspects of compliance management, from interpretation of regulatory issuances through to intuitive task delegation, vendor management and board reporting. Continuity serves hundreds of institutions across 40 states. For more information about Continuity, visit www.Continuity.net.
Press Contact:
Kristina Marchitto, Public Relations Manager
Konica Minolta Business Solutions U.S.A., Inc.
+1 201.236.4399
kmarchitto@kmbs.konicaminolta.us
Press Contact:
Noel May, Vice President of Marketing
Continuity
+1 866.631.5556 ext 232
nmay@continuity.net
Press Contact: Kristina Marchitto, Public Relations Manager Konica Minolta Business Solutions U.S.A., Inc. +1 201.236.4399 Press Contact: Noel May, Vice President of Marketing Continuity +1 866.631.5556 ext 232