Raleigh, NC, Oct. 29, 2013 (GLOBE NEWSWIRE) -- RegEd, the leading provider of compliance technology solutions to the financial services industry, including Xchange, the market-leading Enterprise Licensing and Registration solution, announced today that it has expanded the Digest Service provided through its partnership with the Securities and Insurance Licensing Association (SILA).
SILA Digest, a compilation of licensing and continuing education requirements, is relied on by thousands of SILA members nationwide. The Digest includes charts detailing agency, appointment, producer licensing and continuing education information, as well as many other licensing and education topics, for all state departments of insurance.
RegEd has produced the SILA Digest since 2010 with focus on maintaining the most current state requirements for the benefit of SILA members, ensured the contents of the SILA Digest are current, allowing subscribers and conference attendees to benefit from regulatory updates pertaining to licensing and education. The partnership expansion with SILA continues to benefit the members who rely on the Digest Service for important regulatory updates associated to sustained compliance in an ever-changing industry.
Diana Capes, SILA Executive Vice President, states, "The SILA Digest Service produced by RegEd meets a common need of our members who continually search for state licensing and education regulatory information required to perform daily licensing and compliance tasks. We value our long-time relationship with RegEd and we appreciate their continued commitment to improve and maintain the regulatory content contained within this valuable resource."
RegEd's SILA Digest expansion includes an Appointment Renewal Chart covering the following areas:
- Renewal Frequency
- Renewal Date
- Renewal Fee
- Deadline for Appointment Non-Renewal
- Termination via Invoice Allowed
Also included in the expansion is the addition of fingerprint fees in the Producer Licensing Chart.
"We are pleased to expand the substantive content in the SILA Digest and to continue our partnership with SILA to produce the Digest. Working together gives us the opportunity to provide our clients and the financial services industry with the necessary information to maintain compliance with a variety of state licensing and education requirements," said Angela Pace, Chief Regulatory Officer of RegEd. "The Digest, like all RegEd products and services, is designed to enable compliance with a complex set of regulatory requirements. It is a powerful addition to any licensing professional's toolkit."
For more information about the SILA Digest Service, call or email Diana Capes, Executive Vice President, SILA at 800-428-8329 or dcapes@sila.org.
About SILA
The Securities & Insurance Licensing Association (SILA) is a non-profit, member-supported organization dedicated to provide an educational forum for its members to exchange information, best practices and ideas that resolve issues common to the industry and to improve licensing and registration across the country.
About RegEd
RegEd, Incorporated, a StoneRiver company, is a leading provider of compliance technology solutions serving over 800 enterprise customers including the nation's largest financial services firms. Established in 1994 by former regulators, the company is a recognized industry authority and has created the standard of excellence for rule-based compliance automation for broker-dealers, investment advisors, insurance companies and their distributors. RegEd solutions drive new levels of operational efficiency and enable firms to cost-effectively comply with state and FINRA regulations while mitigating risk. For more information, please visit http://www.reged.com/