Wolters Kluwer’s Compliance Solutions business has been honored with four Golden Bridge Awards, six One Planet Awards, and three Best in Biz North America Awards. The latest wins mean the company will close out this year with a record number of industry accolades, having earned a total of 44 industry awards in 2020 for excellence in product innovation, financial services expertise, and superior customer service.
Categories in which Compliance Solutions earned honors in these latest awards range from Best Content Analytics Solution, New Product of the Year, and Best Workflow Solution to Product Line of the Year, Best Business Product, and Customer Service Department of the Year.
“We are incredibly proud of these achievements—and the independent recognition of the value that our superior product and service capabilities are delivering for a wide range of clients today,” said Steven Meirink, Executive Vice President and General Manager for Compliance Solutions. “These accolades reflect the deep domain expertise, unparalleled resourcefulness and creative ingenuity of our regulatory compliance teams in developing products that provide enriched, actionable regulatory content, technology that fosters operational efficiencies, and a stellar customer service experience that delights our clients.”
Among notable Wolters Kluwer Compliance Solution offerings that achieved these award distinctions are:
OneSumX for Regulatory Change Management, which leverages AI technology and human experts to track regulatory changes across a list of global agencies, creating structured, value-added content that is paired with an easy-to-use software solution.
OneSumX for Compliance Program Management , a comprehensive regulatory compliance system of seven modules that help organizations address the key component processes of compliance, with the downstream capability needed to manage one’s programs from a single reporting system.
Expere® Language Translation, an AI, learning-based system that leverages legal and language translation domain expertise to provide a seamless, integrated, accurate and scalable language capability to provide loan documents translated into Spanish for limited English proficiency customers, enhancing the customer experience.
Online Applications, which extends the online/digital reach of smaller lenders, providing a better customer experience for online lending inquiries and helping level the playing field against larger and internet-only lenders.
CASH Suite, a set of financial analysis and credit risk management software solutions that enable commercial lenders to accelerate new business development and client retention efforts.
Compliance Solutions’ SupportLine team, which plays a crucial role in addressing product usage, technology, and regulatory compliance inquiries for Compliance Solutions customers.
Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks and credit unions, insurers and securities firms. The business, which sits within Wolters Kluwer’s Governance, Risk & Compliance (GRC) division, helps these financial institutions efficiently manage risk and regulatory compliance obligations, and gain the insights needed to focus on better serving their customers and growing their business.
Wolters Kluwer’s GRC division provides an array of expert solutions to help U.S. financial institutions manage regulatory and risk obligations, including customized offerings to address COVID-19 challenges. Compliance Solutions’ Paycheck Protection Program Supported by TSoftPlus™ helps lenders’ customers access critical stimulus funding. Wolters Kluwer Lien Solutions’ iLien for Main Street helps lenders optimize their due diligence and lien management efforts when securing loans for small and medium-sized businesses under the Main Street Lending Program.
About Wolters Kluwer Governance, Risk & Compliance
Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.
Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2019 annual revenues of €4.6 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.
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