Wolters
Kluwer’s Lien Solutions has been named winner of a Silver Stevie®
Award, Financial Services category, in The 17th Annual
American Business Awards® for the development and launch of its iLien
Motor Vehicle solution. Lien Solutions triumphed in putting forth a
winning submission against a highly competitive field; this year, more
than 3,800 nominations were reviewed as part of the award’s judging
process.
As a cloud-based SaaS offering, iLien Motor Vehicle provides
lenders a single point of management for processing and managing motor
vehicle titles. A digital dashboard showcases a complete suite of that
activity, effectively interconnecting disparate processes and workflows
across an organization, rooting out complexity, saving time, reducing
risk, and delivering a better experience for lenders and their clients.
“We are pleased to receive such prestigious recognition for the value iLien
Motor Vehicle delivers to the market,” said Raja Sengupta, Executive
Vice President and General Manager of Wolters Kluwer’s Lien Solutions.
“Our solution addresses a critical underserved need for automotive
lenders, from inefficiency in the title perfection process due to
insufficient information and manual entry errors, to complexities
involving ever-changing jurisdictional regulations, taxes, and fees that
can significantly slow down or jeopardize quality of title processing
for a vehicle. iLien Motor Vehicle helps put lenders in the fast
lane of motor vehicle title perfection.”
“The nominations submitted to The 2019 American Business Awards were
outstanding,” said Michael Gallagher, president and founder of the
Stevie Awards. “They illustrate the continued vibrancy of innovation and
high level of achievement across the American economic landscape.”
Details about The American Business Awards and the list of 2019 Stevie
winners are available at www.StevieAwards.com/ABA.
Wolters Kluwer’s Lien Solutions is the market leader, processing one in
every three Uniform Commercial Code (UCC) financing statements filed in
all U.S. jurisdictions. Its award-winning, flagship iLien
solution is a web-based tool that gives lenders the ability to conduct
public record searches, retrieve and view actual UCC and corporate
records, create filings, and keep track of their entire lending
portfolio. The iLien suite of offerings includes comprehensive
analytics, reporting, monitoring and auto-continuation capabilities,
improving lenders’ ability to holistically view lien portfolios in a way
that helps mitigate risk and improves the quality and efficiency of a
lender’s operations.
About Wolters Kluwer Governance, Risk & Compliance
Governance,
Risk & Compliance (GRC) is a division of Wolters
Kluwer, which provides legal and banking professionals with
solutions to 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 2018
annual revenues of €4.3 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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