After months of preparation, Mid-Atlantic Corporate FederalCredit Union said Sollievo, its new risk-management products andservices CUSO, is now open for business.

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The $2.9 billion corporate in Middletown, Pa., said in a Tuesdayrelease that the CUSO will offer enterprise risk managementservices that include vendor management, an audit and exam findingsmanager, and an loan/lease allowance module.

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Sollievo's offerings will also include information securityservices such as information security risk assessments, incidentresponse planning and network security services.

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In addition, the CUSO will assist credit unions with business continuityplanning, as well as training and consulting services.

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Lori Gall will head Sollievo as its president/CEO. The 27-yearcredit union industry veteran will continue in her roles as seniorvice president, administration, compliance officer and securityofficer at Mid-Atlantic Corporate.

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“Sollievo is an Italian word that means ‘relief,’” Gall said.“We hear from credit unions every day about their struggle to keepup with regulatory demands. Our mission is to provide peace of mindand help them meet compliance obligations and improve the overallrisk posture of their credit union.”

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Gall will lead Sollievo with a team of individuals who possessnearly 90 years of combined credit union experience, as wellindustry certifications such as certified information securityprofessional, enterprise risk management expert and businesscontinuity professional, according to Mid-Atlantic Corporate.

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“Lori and her team have the skill and knowledge to help guidecredit unions through a difficult and ever-changing landscape,”said Jay Murray, president/CEO of Mid-Atlantic Corporate.

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“Our plan is to offer comprehensive risk management servicesthat credit unions can afford,” Gall said. ”Sollievo is geared tohelp credit unions with their most complex issues.”

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