GREEN BROOK, N.J., June 18, 2009 — Operations began today at The Josefa Group. The Josefa Group is a new company with a new approach for a new economy, providing compliance and risk solutions to the financial community. The Josefa Group has been founded by Salvatore Cangialosi - a leader in the regulatory compliance industry. Sal and his colleagues bring to The Josefa Group a depth of knowledge and the years of experience essential for the success of their clients.
“We are all well aware of the transformational economic events that are re-defining the financial services industry. As a result, the future of this industry will change in material ways - all of which are not yet known. In this environment, the importance and value of the client/vendor relationship cannot be overestimated,” said Sal Cangialosi. The Josefa Group is dedicated to re-defining the client experience to meet the future needs of banking. To achieve this, The Josefa Group has established a simple set of principles that will guide all of their products, services, and relationships. The principles of Quality, Trust, and Value will serve as its compass throughout the growth of The Josefa Group.
“At its essence, the economic crisis is based on the failure of risk management. This may appear to be a simplification; but when analyzed, the importance of proper evaluation and mitigation of risk was and is essential,” said Cangialosi. The Josefa Group has started operations focused on the development of a new Enterprise Risk Management solution. They will use their experience and innovation to deliver software capabilities targeted at the changing regulatory and business needs of financial institutions. Along with product capabilities that will define a new level of management insight, The Josefa Group will introduce a software use model based on easing the complexity and cost too often faced with product implementations. “Our Risk Management as a Service (RMaaS) model promises to deliver the latest technology and professional services for a single fee and without the added burden of on-premise technology support and staffing costs,” said Cangialosi.
In addition to their software products, they will also provide value-added risk and compliance professional services. The Josefa Group will focus on delivering the highest-quality work product at a value point not often seen from other firms. Their past experience establishing the de facto standard for regulatory compliance has taught The Josefa Group what works and more importantly what did not work in the provision of professional services. Initial services will include:
- Risk and Compliance Process Outsourcing;
- Risk and Compliance Project Management;
- Risk and Compliance Advisory Services; and
- Risk and Compliance Technology Services.
For further information, contact:
Salvatore Cangialosi, President
The Josefa Group, Inc.
Tel: 732-470-4047
Email: sal@josefagroup.com
Web: http://www.josefagroup.com
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