Steele Compliance Solutions, a global compliance intelligence firm offering comprehensive third-party due diligence and software-as-a-service (SaaS) solutions, has acquired Compliance Wave. The acquisition will add extensive training and awareness content to Steele’s third-party compliance management software and due diligence services.
With a library of over 2,000 micro-learning and communication tools in more than 30 languages, Compliance Wave content provides short, engaging, and retainable information that is not only fun for the end user to consume, but is highly effective in getting complex compliance concepts through in a meaningful way.
Compliance Wave adds to Steele’s already robust compliance portfolio and supports Steele’s strategy to provide an end-to-end compliance offering to its clients. The addition of training content to Steele’s industry leading third-party management solutions allows compliance programs to instill a culture of compliance throughout both their organization and the third parties they do business with.
“As we increase our footprint in the compliance market and listen to clients’ objectives, learning content is a critical component in helping compliance officers create a compliance culture,” said Steele CEO Eric Lochner. “What is great about Compliance Wave’s content is that it drives that engagement and positive change without creating training fatigue. It brings risk-related issues to the forefront for vendors and employees in a way that is exciting and compelling.”