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Atlanta, GA-December 7, 2010- Compliance 360, a leading provider of Software-as-a-Service (SaaS) solutions for enterprise governance, risk management, and compliance (eGRC), announced today that it has partnered with Clear Market Practices, a leading provider of comprehensive legal and regulatory services for the Insurance and Financial Services industries. Through the partnership, legal and regulatory reports, analyses and recommendations published by Clear Market Practices will be available directly through the Compliance 360 platform.

This new partnership will allow Compliance 360 customers who subscribe to Clear Market Practices to access the latest updates to Federal and State laws and regulations as well as analysis and suggested actions published in the Clear Report. Subscribers will be able to make better, faster decisions in managing legal and regulatory risk throughout their organizations. Utilizing this integrated solution, legal, compliance and risk management personnel can better respond to external regulatory events and keep abreast of newly proposed or enacted laws and regulations as well as best practice recommendations applicable to their businesses. The integrated solution is specifically designed for property and casualty insurance, life insurance, health insurance, specialty insurance, banking and financial securities firms.

“Our financial service and insurance customers seek the freedom of choice among the best and most appropriate sources for legal and regulatory content. They also want the flexibility to purchase only what they need” said Steve McGraw, President and CEO of Compliance 360. “Integration of the Clear Reports directly into the Compliance 360 platform offers our customers the choice of another proven source for updates on laws and regulations relevant to their lines of business. Our ability to offer the flexibility of choice among integrated content providers, all on a single, integrated GRC platform, is highly valued by our customers and is setting us apart from the competition.”

"By providing timely, cost-effective legal and regulatory updates through tailored subscription models, we’ve established a clear alternative to the large content providers," said Kathie Incontro, Director, Clear Market Practices. “We are most pleased to partner with Compliance 360, the industry’s leading SaaS-based GRC company, and integrate our content into their comprehensive GRC platform. This is a very logical combination for our customers that need a cost-effective, custom configured, easy-to-use solution to address their ever-increasing challenges in regulatory compliance and risk management."

About Clear Market Practices

Established in 2001, Clear Market Practices, LLC is a provider of compliance reports to the financial services and insurance industries. Our company was founded by legal and compliance professionals with over forty years of home office experience. The goal was to provide timely information about regulatory changes, organized in a way that organizations can easily use the information. For more information, please visit www.clearreport.net.

About Compliance 360

Ranked as the fastest growing GRC software vendor in Inc. Magazine’s 2010 list of America’s fastest growing private companies, Compliance 360 is the leading provider of enterprise governance, risk management, compliance and audit management solutions for companies that operate in regulated industries.  With these solutions, organizations reduce risks, improve efficiencies and protect their brands using a single platform to address their comprehensive GRC requirements.  The Compliance 360 Software-as-a-Service (SaaS) solution suite helps organizations address policies and procedures management, regulatory compliance management, internal and external audits, third party risk and vendor management, contract management, incident management, fraud, waste & abuse, surveys, accreditation, enterprise risk management and IT governance.  Compliance 360 is headquartered in Atlanta, GA and assists over 150,000 users every day in a variety of complex, regulated business environments including healthcare, insurance, financial services and others. For more information, visit www.compliance360.com.

Editor’s Note: Compliance 360 is a registered trademark of Compliance 360, Inc. Virtual Evidence Room is a registered service mark of Compliance 360, Inc. Any other trademarks are recognized as proprietary to their owners.