Thursday, April 1, 2010

TriNovus to Expand Compliance Division with Addition of Industry Veteran

Blair Rugh Joins TriNovus to Contribute to the Direction of TriNovus’ TriComply Compliance Division


Birmingham, Ala., April 1, 2010 – TriNovus, LLC (www.trinovus.com), a company focused on delivering relevant technology solutions to the financial marketplace, announced today the expansion of its TriComply compliance division with the addition of industry veteran and expert Blair Rugh to the organization. As part of the expansion, TriNovus will introduce a free email newsletter, TriComply - Bank Regulatory Compliance Update, that breaks down the most recent compliance changes and concisely outlines actions banks should take to respond to those changes in order to best comply with new and established guidelines Bankers interested in receiving the TriComply - Bank Regulatory Compliance Update can sign up on TriNovus’ website at www.trinovus.com.

In addition, TriNovus will be featuring a series of compliance training webinars targeted to community banks. The schedule for April features webinars on The Safe Act, Regulation O, portfolio stress testing, and vendor management. Many sessions feature a live question and answer period with Rugh where bankers have an opportunity to ask questions and receive answers specific to their institutions. A complete schedule and registration details can be found on the TriNovus website at www.trinovus.com.

Rugh is one of the preeminent experts on United States banking laws and regulations. He has authored compliance manuals recognized by the banking industry as the definitive treatise on banking law and regulation. He has extensive experience as a speaker to bankers' associations and has written numerous articles published in banking journals. With more than 20 years experience in commercial and investment banking, Rugh's background includes a Bachelor of Science degree in chemical engineering from the University of Kansas as well as a juris doctor degree from Southern Methodist University Law School.

“Compliance requirements are constantly changing and with what a community banker has to do on a daily basis, there isn’t always enough time to devote to really examining them,” said David Brasfield, president and CEO of TriNovus. “TriComply – Bank Regulatory Compliance Update provides the highlights of the requirements and suggests actions to take – all written in language that is easy to understand. This coupled with our webinars will minimize the time and effort it takes for community bankers to stay up-to-date with the latest in compliance.”

About TriNovus
TriNovus, a Birmingham, Ala.-based company, was founded with the goal of delivering relevant technology solutions to the financial marketplace. In addition to its compliance division also featuring BankRISK a loan portfolio stress testing solution and StartSAFE a solution for compliance with The Safe Act, products include:

BankerMLS (www.bankermls.com) - a web-based application that enables financial institutions to obtain maximum exposure and value for repossessed assets.

BankerVMS (www.bankervms.com) - a vendor relationship management system that provides financial institutions with an organized, efficient and compliant solution for managing third party relationships.

For more information on TriNovus, visit www.trinovus.com or contact David Brasfield at 205.991.5636 or david.brasfield@trinovus.com.

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