Mitratech Acquires Continuity, a GRC Solution Focused on the Financial Services Market
The solution will add compliance and risk management to Mitratech’s already robust product suite.
Austin, TX – December 16, 2021 – Mitratech, a leading provider of legal, risk, and compliance software, today announces that it has acquired Continuity, a cloud-based GRC technology and advisory solution for banks, credit unions and the broader financial services market. Continuity delivers compliance change management, internal controls, and risk, vendor and performance management to ensure adherence and oversight at both the US federal and state level.
Continuity’s complete suite of solutions includes a fully integrated set of technology, advisory and consulting services to create operational efficiencies for financial institutions. Its Regulatory Operations Center (ROC) delivers real-time updates across hundreds of pre-built controls. Continuity’s cloud-based technology also boasts an AI-driven layer that analyzes data, suggests potential root causes to problems and learns risk and compliance environments. This capability enables automatic actions to maximize customers’ regulation technology requirements, increasing the ability to hit performance goals.
“We are excited to expand our GRC offerings with the acquisition of Continuity,” said Mike Williams, CEO, Mitratech. “It fits well into our portfolio for a very focused set of customers that includes regional banks, credit unions, and other institutional customers who are facing an onslaught of regulatory and compliance changes in this environment. For these types of customers, the ability to remain compliant absolutely must involve a strong technology stack.”
“Integrating Continuity, as part of Mitratech, is a natural evolution for our company when you consider the collective GRC strategies that both companies share. Mitratech’s commitment to customer excellence and the focus on GRC innovation will be a positive for Continuity clients,” said Michael Nicastro, CEO of Continuity.
Mitratech is a proven global technology partner for corporate legal, risk, and compliance professionals, offering a proven portfolio of end-to-end solutions that spread operational best practices throughout the enterprise, standardizing processes and accelerating time-to-value. That helps legal and governance, risk and compliance teams rise to the challenge of serving the evolving needs of the modern, dynamic enterprise.