Hearsay Systems, a provider of compliant digital communications and workflow solutions for the financial services industry, announced the launch of a new consulting practice, Hearsay Compliance Advisory Services, to help financial services organizations adhere to industry regulations and implement modern technologies.

The new practice is designed to ensure financial services organizations have the right tools to meet their specific objectives in a compliant manner, particularly in light of new and evolving compliance regulations. This includes the latest Securities and Exchange Commission rule, Regulation Best Interest, which goes into effect June 30, 2020, as well as recently enacted FINRA 2210.

Hearsay Compliance Advisory Services provides offerings for custom discovery and risk assessment, custom compliance and supervision training, compliance analytics and reporting, and compliance resource and technology optimization.