Compliance11 Releases Insider Trading Detection Software

CHICAGO, April 26 /PRNewswire/ -- Compliance11™, Inc. today announced that its 2010 Spring Release went live today. Among other things, the release includes Insider Trading Detection Software which leapfrogs other offerings by providing advanced filtering technology that eliminates the noise.

"In audits regulators are increasingly asking firms how they monitor for insider trading," said Tad Mitchell, Compliance11 President & COO. "It is a daunting task to contemplate comparing millions of trades with thousands of news events, not to mention investigating the matches. With Compliance11's hosted service, firms can be doing just that in minutes for less than it would cost them to purchase the data."

Compliance11's Insider Trading Detection Software gathers press releases, news and SEC filings from over 50 sources and compares them with trades. Advanced filters eliminate the noise and identify suspicious trades. Suspicious trades can be annotated to demonstrate evidence of review.

About Compliance11

Compliance11, Inc. is a leading provider of regulatory compliance management solutions for the financial community. The Compliance11 Supervisory Suite is a cost effective solution for CCOs to address current and future regulatory and supervisory guidelines. The supervisory suite automates employee Personal Trading, Affirmations & Disclosures, Gifts & Entertainment and Case Management. Contact us at [email protected] or (312)676-2041.

SOURCE Compliance11, Inc.