Wolters Kluwer Earns Two 2021 Gold Globee Awards
Wolters Kluwer Compliance Solutions has earned two Gold-level 2021 Globee International Best in Business Awards for its iLien Motor Vehicle as well as iLien for lien management offerings. iLien Motor Vehicle won gold in the Globee's Cloud Application category, while the iLien for lien management product suite earned gold in the FinTech category.
iLien for lien management is a portfolio of web-based solutions that enable lenders to manage and address risks in their entire Uniform Commercial Code (UCC) lien portfolio with analytics, visibility and automation. Its scalable architecture allows lenders to handle large amounts of data, while its framework generates custom reports based on customer-specific requests. The solution is unique in that it provides complete information and analytics on a lien portfolio while at the same time allowing customers to automate and streamline key activities to maintain the liens.
As a cloud-based SaaS (News - Alert), iLien Motor Vehicle delivers a single solution for processing and managing motor vehicle titles and liens. The offering helps solve some of the most unique and complicated challenges in title perfection.
"We are pleased by the continued independent market recognition of these industry-leading solutions, not only from clients but through peer-reviewed, prestigious programs as reflected in these gold-level Globee Award wins," said Steve Meirink, Executive Vice President and General Manager for Wolters Kluwer Compliance Solutions. "The accolades highlight our longstanding commitment to product innovation and leadership shown by our Lien Solutions team in having created UCC lien management as well as vehicle title management offerings for the lending industry."
Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. insurers, banks and credit unions, 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 financial institutions manage regulatory and risk obligations. Wolters Kluwer Compliance Solutions' eOriginal® suite of purpose-built, digital lending solutions, for example, helps lenders digitize their transactions and features electronic signatures, collateral authentication and an electronic vault. Compliance Solutions' OneSumX® for Regulatory Change Management tracks regulatory changes and organizes them to create structured, value-added content through a single data feed that is paired with an easy-to-use software solution. Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR), meanwhile, is a global market leader in the provision of integrated regulatory compliance and reporting solutions. The division's legal solutions businesses are Wolters Kluwer CT Corporation and Wolters Kluwer ELM Solutions.
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 2020 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 19,200 people worldwide.
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