Expert, White Paper Available: Dodd-Frank’s Net Effect on Community Financial Institutions

October 25, 2011

Tools

--(BUSINESS WIRE)-- Computer Services, Inc.:

What:		For community financial institutions, Dodd-Frank means complying with over 23,000 pages of regulatory change, which is estimated to translate into 214 new or changing regulations. If that weren’t burden enough, many community financial institutions must face this task with antiquated compliance solutions and processes.

		At the foundation of preparedness is the need to update and streamline existing programs, services, software and technology. Whether that sounds simple or daunting, HEIT, a Computer Services, Inc. (CSI) company and leading provider of cloud-based managed services, has published a white paper outlining:
		-- Eight key categories of reform;
		-- Six steps to a well-coordinated plan for Dodd-Frank readiness; and
		-- An examination of how cloud-based managed compliance services can convert large capital expenses for compliance into a small monthly operating expense

Paper:		To download the full report, please visit www.goheit.com/Dodd-Frank.

Contact:		To schedule an interview with HEIT or request a byline contribution on how community financial institutions can navigate Dodd-Frank, contact:
		David Jones, 678-781-7238 or
		Elizabeth McMillan, APR, 678-781-7224

About HEIT

HEIT provides cloud-delivered IT performance, compliance and security managed services to help financial institutions improve profitability and efficiency, reduce risk, and mitigate security threats in the face of market contraction, margin compression and increasingly complex regulatory environments. HEIT’s PCS-4 Platform delivers flexible, affordable service levels, handling technology management so financial institutions can focus on core business initiatives. Learn more about HEIT at www.goheit.com.

About Computer Services, Inc.

Computer Services, Inc. (CSI) delivers core banking, payments processing, Internet, card services, risk assessment, fraud prevention, network management, regulatory compliance and document delivery solutions to financial institutions and corporate entities across the nation. Technology planning, personal account management and world-class customer service explain why CSI is known as one of the nation’s premier providers of technology solutions for the financial services industry. CSI’s stock is traded on OTCQX under the symbol CSVI. For more information about CSI, visit www.csiweb.com.