BasisCode Compliance, a provider of regulatory compliance software solutions, has formed an advisory council of leading compliance consulting firms to provide industry input in the continuing development of its compliance software platform.

Explaining the rationale for the BasisCode Advisory Council, Todd Cipperman of Cipperman Compliance Services said: "In the end, it's all about making it easier for the industry to manage an effective compliance program.  By participating in the BasisCode Advisory Council, we can share best practices and experiences that will ensure that our clients are prepared to handle changing regulatory challenges."

The advisory council will provide independent guidance and industry insights that reflect ongoing changes in the regulatory environment and the members' client feedback. The council's input is designed to ensure the Compliance Consultant Manager continues to serve the evolving needs of industry consultants and their clients allowing them to focus on their core offerings.

The BasisCode Advisory Council consists of four compliance consulting firms—Alaric Compliance Services, Cipperman Compliance Services, Hardin Compliance Consulting, and SEC Compliance Consultants—as well as a cyber-security specialist, BW Cyber Services.

The advisory council will provide independent guidance and industry insights that reflect ongoing changes in the regulatory environment and the members' client feedback. The council's input is designed to ensure the Compliance Consultant Manager continues to serve the evolving needs of industry consultants and their clients allowing them to focus on their core offerings.

"Simply put, the BasisCode Advisory Council will help us better serve our consulting clients and their clients," said Carlos Guillen, BasisCode Compliance president and CEO. "By incorporating the group's expertise into our platform, we hope to ensure that all compliance and regulatory consultants have the tools they need to do their job more effectively."

Initial members of the forum will serve 18 to 24 months.