FREDERICK, MD (October 1, 2013) -- NeighborBench, a regulatory compliance monitoring, IT security and enterprise risk assessment solutions company, has received U.S. Patent No. 8,543,444 by the United States Patent and Trademark Office (USPTO) protecting aspects of its CRISP™ Platform (Compliance Risk Information Systems and Platform).
The new patent, entitled "Method and Apparatus For Assessing Compliance Risk of Regulated Institutions," was originally filed on October 21, 2011. The patent details a new process and system for assessing compliance risk of regulated institutions, such as credit unions and banks. The patent addresses certain unique capabilities of the CRISP™ questionnaire process, assessment of risk derived from disparate sources of information, automated scoring, scheduling, notification, request for artifacts from individual roles within the institution, and alerts to designated parties as well as aspects of the dashboard interface.
About NeighborBench LLC
NeighborBench specializes in focusing regulated organizations and their internal staff on resolving potential issues instead of searching for them before their regularly scheduled oversight exams. Push notifications request information and, once reviewed by a professional staff of auditors, alerts inform internal staff when action or change is required. Workflow management is streamlined through a calendaring process, and the process is distributed throughout the year, causing less pressure on internal resources. All of this is displayed in a dashboard and available at anytime. For additional information about NeighborBench, please visit the company's website at www.neighborbench.com or contact us at 888-97-BENCH.
FORWARD-LOOKING STATEMENTS: The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date thereof.
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