Thomson Reuters And Chartwell Compliance To Offer Compliance Solutions To Small And Mid-Market US Financial Services Providers

Thu Feb 21, 2013 4:01am EST

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LONDON, 21 February, 2013 - Thomson Reuters, the world's leading source of intelligent information
for businesses and professionals, today announced that it has entered into an alliance partner
agreement with Chartwell Compliance, a Washington-based provider of consulting, testing and
outsourcing services in the areas of regulatory compliance, financial crimes prevention, and
enterprise risk management.

While regulatory requirements continue to grow, compliance teams are showing signs of resource
constraints limiting their ability to perform vital compliance functions. A recent survey by
Thomson Reuters showed that more than a third of compliance professionals say they spend more than
an entire working day each week in simply staying up to date with regulatory changes and assessing
their impact on the business. Firms must increasingly leverage the latest technology to optimize
their compliance capabilities and reduce the cost and time associated with compliance processes. 

This partnership alliance will bring together Chartwell Compliance's expertise in consulting,
testing and outsourcing for small and mid-market bank and non-bank financial service providers in
the U.S. with the audit, risk management and compliance-related software available via the Thomson
Reuters Accelus suite of products.

"This alliance combines globally reaching governance, risk management and compliance technology
assets and delivery with leading human capital solutions, localized best practices and market
awareness," said Michael C.A. Dempsey, global head of alliances, Thomson Reuters. "It demonstrates
our commitment to bringing leading compliance and integrated GRC solutions to the global community
as well as serving segments of the market where the ability to leverage technology and domain
expertise are crucial in helping them tackle an increasingly complex regulatory environment."

"Chartwell Compliance looks forward to providing its diverse and affordable range of professional
services to help financial institutions, payments processors, money services businesses and other
financial services provides survive and thrive in the wake of the financial crisis and strict post
9/11 anti-money laundering environment," said Daniel A. Weiss, president & CEO, Chartwell
Compliance. "We are honoured to partner with one of the industry's best-known providers of
governance, risk and compliance content and solutions."

Through the Thomson Reuters Accelus suite of solutions, the Governance, Risk and Compliance
business dynamically connects business transactions, strategy and operations to the ever-changing
regulatory environment, enabling firms to manage business risk. 

Thomson Reuters
 Thomson Reuters is the world's leading source of intelligent information for businesses and
professionals. We combine industry expertise with innovative technology to deliver critical
information to leading decision makers in the financial and risk, legal, tax and accounting,
intellectual property and science and media markets, powered by the world's most trusted news
organization. With headquarters in New York and major operations in London and Eagan, Minnesota,
Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. Thomson
Reuters shares are listed on the Toronto and New York Stock Exchanges.  For more information, go
to: http://thomsonreuters.com http://thomsonreuters.com/ 

Chartwell Compliance
 Chartwell Compliance provides consulting, testing and outsourcing services to banks, money
services businesses and other non-bank financial services providers. We are former senior law
enforcement officials, bank regulatory agency supervisors and industry practitioners from
financial institutions, each of us averaging a quarter century of prior experience. Our expertise
spans financial crimes and fraud, BSA/AML, OFAC, fraud prevention, consumer compliance, enterprise
risk management, safety and soundness and state MSB licensing. Our technical publication,
ChartwellCompass, is distributed to nearly 45,000 people. We offer our HelpDesk product as an
all-purpose, inexpensive compliance assistant to financial institutions throughout the year. 
Chartwell is also the administrator of ICBA Compliance and Risk Management. For more information,
visit www.chartwellcompliance.com http://www.chartwellcompliance.com/ .

CONTACTS

For Thomson Reuters
 Alan Duerden
 PR Director,  GRC & Marketplaces
 +44 20 7542 0561
 +44 7825282483
alan.duerden@thomsonreuters.com mailto:alan.duerden@thomsonreuters.com 

For Chartwell
 Daniel Weiss
 President & CEO
 +1 202 255 7873
danielweiss@chartwellcompliance.com mailto:danielweiss@chartwellcompliance.com 



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Source: Thomson Reuters Corporation via Thomson Reuters ONE


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