Automated Compliance Solutions (ACS), the technology provider in compliance program management software, has entered into a partnership agreement with Cardinal Compliance Services, a financial services regulatory compliance consulting firm. Reportedly, Cardinal will use ACS Compliance Program Management to create compliance programs for its clients by automating and documenting the compliance processes of hedge funds, broker-dealers, private equity Firms, mutual funds and investment advisers.
Pat O’Mara, CEO of Cardinal, said: “Cardinal Compliance provides a suite of compliance services that are customisable, scalable and targeted for our clients’ needs. ACS allows us to bring technology to bear to both increase the effectiveness and lower the costs of our clients’ compliance programs.”
Trum Van Middlesworth, MD of ACS, said: “The flexibility of the ACS software combined with the expertise of Cardinal ensures that our customers will have a tailored, holistic compliance program uniquely designed to meet the requirements of their investors, customers, and regulators.”