White Paper, Expert Available: Software the Answer for OFAC, BIS Compliance, But Should You Build or

Updated

White Paper, Expert Available: Software the Answer for OFAC, BIS Compliance, But Should You Build or Buy?

--(BUSINESS WIRE)-- ATTUS Technologies, Inc.:

What:

Failure to screen against OFAC and BIS list updates can result in crippling penalties, which can easily destroy a financial institution or business. However, ensuring that an institution is in sync with every federal regulatory compliance law is a costly and daunting task.

The question companies face is whether to build an internal compliance software solution or seek out a third-party provider. Making the wrong choice could have substantial monetary and reputational implications for companies in the event that the implemented solution should fail. In order to help financial institutions and businesses make the right decision for their situation, ATTUS Technologies, Inc., a division of Computer Services, Inc. (CSI) (OTCQX: CSVI), has published a white paper outlining the various factors one should consider in the build vs. buy analysis.

Who:

Bradley Allen, vice president of ATTUS, is available to provide his expert commentary on OFAC and BIS compliance challenges as well as the due diligence questions to ask when choosing to build or buy a screening solution, which include:

-- What resources does the company have at its disposal and how soon is functionality required;

-- Is outside subject-matter expertise necessary;

-- Is company-specific functionality a requirement;

-- Which is more cost effective - building or buying; and

-- Are there any unique characteristics of the business to consider?

Paper:

To download the full report for a closer look at the build vs. buy debate, please visit http://www2.attustech.com/build_versus_buy_white_paper.

Contact:

To schedule an interview with Bradley Allen or request a byline contribution on the latest in federal regulatory compliance solutions, contact:

David Jones, 678.781.7238

Stephen Sprayberry, 678.781.7207

About ATTUS Technologies, Inc.


ATTUS Technologies, Inc. is a trusted partner, simplifying compliance and risk management. We are an industry leader in software and services for regulatory compliance, homeland security and fraud prevention. ATTUS serves more than 5,000 clients with solutions that provide compliance with the requirements of the Gramm-Leach-Bliley Act (GLBA), the USA PATRIOT Act, the Office of Foreign Assets Control (OFAC), the Financial Crimes Enforcement Network (FinCEN), the Bureau of Industry and Security (BIS), anti-money laundering regulations, the Bank Secrecy Act (BSA), the Dodd-Frank Act, Regulation CC and Regulation E. ATTUS, a wholly owned subsidiary of Computer Services, Inc. (CSI), is based in Charlotte, N.C. For more information about ATTUS, visit www.attustech.com.

About Computer Services, Inc.

Computer Services, Inc. (CSI) delivers core processing, managed services, mobile and Internet solutions, payments processing, print and electronic distribution, and regulatory and compliance solutions to financial institutions and corporate customers across the nation. Exceptional service, dynamic solutions and superior results are the foundation of CSI's reputation in empowering businesses to remain competitive, compliant and profitable. CSI's stock is traded on OTCQX under the symbol CSVI. For more information about CSI, visit www.csiweb.com.



ATTUS Technologies, Inc.
Jalana Ballen, 888-494-8449
Marketing Director
press@attustech.com

KEYWORDS: United States North America North Carolina

INDUSTRY KEYWORDS:

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