Congratulations to Marc Riccio 1973

Specialized Data Systems, Inc., based in Branford, Conn., received this year's Top Innovations Award from the PROGRESS in Lending Association for their Risk Management Suite known as RemoteComply®. 

The honor was presented at the Innovations award ceremony April 4 that kicked off the Mortgage Bankers Association's National Technology in Mortgage Banking Conference in Los Angeles, Calif. PROGRESS in Lending's Innovation Awards are given to innovative solutions that were newly released between January and December of 2015 and have made a significant impact on the mortgage industry.

"Specialized Data Systems is proud to receive such an honorary award,” Marc said. “We would like to thank Progress in Lending for recognizing RemoteComply, our operational risk management suite as an innovative technology in the mortgage industry. As a technology provider, it is often difficult to stay ahead of the curve in this vastly changing industry. This award has proved that our team's effort has truly made our company rise above."

RemoteComply is an all-in-one web based suite containing solutions for business continuity planning, vendor management, incident response, and alert notification. The suite creates one centralized area to easily update and maintain all operational risk management criteria to satisfy the regulators and effectively prepare IT and compliance personnel for an inevitable disruption.

As a leading software provider in the financial industry for over 25 years, Specialized Data Systems is known for developing quality solutions to better the industry. They have developed RemoteComply with the intentions of creating a system that will centralize all risk management in one log-in to easily maintain and present to regulators. The suite will drastically improve the process of operational risk management by saving countless man hours, ensuring compliance, and alleviating the frustrations typically associated with operational risk management.