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CRSTL Solutions is a leading developer of web-based
compliance, governance and legal rules-based workflow
solutions for financial institutions and publicly traded
companies. Our products and custom solutions assist
companies with their compliance, risk management and
business process improvement needs by integrating legislative,
regulatory and internal directives into sustainable,
technology-driven frameworks that ensure enterprise-wide
compliance.
Our Mission - To enable businesses
to cost-effectively manage the impact of complex legislation
and regulation on their operations so as to provide
directors, senior management and shareholders with confidence
in the accountability, transparency and overall compliance
of their organizations.
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CRSTL released its Compliance
Positioning System™ workflow platform in 2003.
Its modular design allows easy integration of CPS™
with content modules and third party applications. The
company’s first content modules, including legislative
compliance management (LCM) solutions for NYSE and NASDAQ
listed companies subject to the Sarbanes-Oxley Act of
2002 (SOX), were launched in October 2003. Products
for the Canadian marketplace, specifically targeted
at TSX issuers and companies subject to the Protection
of Personal Information and Electronics Documents Act
(PIPEDA), were launched shortly thereafter. In the spring
of 2004, we introduced our s. 326 USA PATRIOT Act anti-money
laundering module. Finally, our LCM module for federally
regulated insurance companies in Canada became available
June 1, 2005, with its provincial legislation counterpart
to be introduced in November of this year. We continue
to develop new modules that meet the needs of our growing
customer base.
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