Commercial Processing Services II (CPS II) is an LLC chartered in Connecticut and has provided outsourcing and technology solutions to their clients for over 12 years. CPS II has developed a Training and Placement program "Compliance Analysts One Career Development" to support the Military, Veterans and individuals in gaining knowledge to support the financial firms in meeting the reporting requirements of the Dodd Frank Act. CPS II has expertise in banking, hedge funds and regulatory requirements. The CPS II technology can provide compliance & regulatory consulting, remote managed services and compliance training to meet the Dodd Frank requirements. The CPS II team has completed many major outsourcing agreements with global clients such as Commerzbank, ABN - AMRO, and Crum & Foster.
CPS II was founded by former GE Capital Executives. The executives developed a strategy for GE Capital to form a new outsourcing technology company for financial firms. The company was successfully grown to $350MM in a three year timeframe. The outsourcing company was then acquired by IBM Global Services.
The CPS II executive team developed the strategy, business plans and technology for outsourcing companies, such as GE Capital, Compaq, EDS and D. E. Shaw & Co. The CPS II executives have currently developed the strategy for a remote management platform to support the reporting and data collection requirements while providing technology solutions for compliance to the Dodd Frank Act.
CPS II has a history of supporting emerging technologies such as the requirements presented by the Boeing "Dark Group" hardware, software and Cryptographic engineers during their development of an internet security solution. CPS II developed the business plan and supported the law firm of Brown, Raysman in developing and documenting over 64 patents for the engineering team. CPS II developed the marketing plan which included presenting the product to the SVP and Group Executive of the IBM System Technology Group which planned on embedding the technology in their chips for their products. CPS II also presented the technology to GE Capital’s 'edgelab' an advanced technology group which reviewed the technology for implementation in their health care and financial services group.
There have been several significant events recently hat have taken place in the financial services industry. The passing of the Dodd Frank Act (The Wall Street Reform and Consumer Financial Protection Act) has had a major impact on all companies that are required to report their financial status to government agencies. The volume of the new regulations is now overwhelming for the Community/Regional banks and small financial firms. The technology requirements for compliance to the Dodd Frank Act has placed a very large financial burden on enterprise clients and especially the small and medium financial companies in banking, asset management, hedge funds and insurance. CPS II can provide a secure cloud based solution for meeting the technology requirements for compliance. The technology platform can support enterprise and small/medium size financial services companies to meet the requirements for Dodd Frank Compliance. The CPS II technology can be licensed to major enterprise clients to support them in meeting the compliance requirements.
CPS II can help address your Cannabis compliance requirements by providing our compliance training for entry level compliance analysts who will be supported with our newest product the “Regulatory Pathfinder". The "Regulatory Pathfinder" solution provides a tool for your compliance team to review on a daily basis all the new regulations from the over fourteen Federal government agencies. The Agencies news, alerts and regulations are available through a simple access method. We have developed this application as an inexpensive way for compliance teams to keep up to date on all new regulations.
We have provided the "Regulatory Pathfinder" as a Web based portal that you can view on a daily basis. We can offer this service to your compliance team as an early adopter. We will provide a simple sign on process for your compliance team to start using the "Regulatory Pathfinder" solution immediately. It will be provided as a simple sign on to the CPS II website www.cpsii.com. Once you input your email address you will receive a temporary password to sign on to the site. The ability to search the site is fairly easy. You will be able to select NA on the map and then select the Cannabis business unit and state agency from where you would like to review the latest rules and regulations.
CPS II has developed the 'Enigma 3' platform which utilizes Asset Tracking and Block Chain technology that will support meeting the compliance requirements of the Medical Cannabis . This service can be provided as a fixed monthly bill to the client. This will alleviate the client from having to make a large investment in technology to comply with the data collection requirements of Medical Cannabis. CPS II can provide an economic solution to meet the technology requirements for compliance, through training, staffing, technology and up to date regulatory tools for information. CPS II has experienced technology and compliance executives. We have operations in several geographies for data center support and compliance processing.