FREDERICK, Md. -- NeighborBench, a provider of compliance solutions, has acquired Utah-based Counter Risk Group, a compliance consulting firm known for combining real-world experience with pragmatic technical innovation to help hundreds of financial institutions manage regulatory risk.
After the deal the combined entities will be known as NB Risk Partners. This will allow additional parties within the industry to more actively participate in the operations of a newly formed CUSO after the combination.
NeighborBench's compliance solution combines automated tools with experienced professionals to help reduce the primary challenges of compliance: cost, time, resource requirements, and the disruptive nature of traditional consulting firm solutions.