Continuity estimates 1.35 employees are needed just to address new regulations introduced in Q1 2015.
Firm finds staff deals with some or all of 82 new regs costing financial institutions $45,264 in compliance costs.
The evolution from thinker and researcher to enabler and leader represents a sea change in the role that compliance officers must play in the emerging regulatory environment.
Continuity Control, a provider of automated compliance services to credit unions and community banks, said it has handled 64 regulatory changes since the beginning of the year.
Compliance management solutions provider Continuity Control has acquired two other firms and added their senior managers to its team.