Wolters Kluwer Compliance Solutions Wins Five IT World Awards for Product Excellence
MINNEAPOLIS–(BUSINESS WIRE)–Wolters Kluwer Compliance Solutions won five awards at the 2022 IT World Awards, including Gold level awards in the Product Innovation categories for its regulatory change management as well as its privilege management offerings.
OneSumX® for Regulatory Change Management took home honors for “Best Governance, Risk, and Compliance Offering,” while iLien for Linkage Management won Gold for “Best Technology Software in the Industry.” ‘information “.
OneSumX® for Regulatory Change Management from Compliance Solutions tracks regulatory changes and organizes them to create value-added structured content through a single data feed combined with an easy-to-use software solution. iLink for privilege management is a portfolio of web-based solutions that enable lenders to manage and address risk across their Uniform Commercial Code (UCC) lien portfolio through analytics, proactive reporting, and automation.
“These highly competitive awards reflect the value we deliver to our clients in helping them address the many important challenges they face, ranging from portfolio risk management to regulatory changes,” said Steve Meirink, Executive Vice President and Managing Director of Wolters Kluwer Compliance Solutions. . “Through these innovative solutions, we enable financial services professionals to help small businesses and consumers achieve important dreams and goals.”
Silver-level winning honors were OneSumX® ProViso, in the “Best New Product-Service of the Year, Artificial Intelligence” category; Expere Language Translation, for “Best IT Products and Services for Finance, Banking and Insurance”; and iLien Motor Vehicle, in the “Hot Technology of the Year, Information Technology Cloud/SaaS” category.
Now in his 17e year, the IT World Awards is the information technology industry’s premier awards program for excellence, honoring achievement in all areas of the information technology industry. Entries are judged by juries of IT industry professionals.
Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services for US banks, credit unions, insurers and securities firms. The company, part of Wolters Kluwer’s Governance, Risk & Compliance (GRC) division, helps these financial institutions effectively manage risk and regulatory compliance obligations, and gain the insights needed to focus on better service to their customers and the growth of their business.
Wolters Kluwer’s GRC division provides a range of expert solutions to help financial institutions manage regulatory obligations and risk. The eOriginal® suite of purpose-built digital lending solutions from Wolters Kluwer Compliance Solutions, for example, helps lenders digitize their transactions and offers e-signatures, collateral authentication and an e-vault. Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR), meanwhile, is a global market leader in providing 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 and Compliance
Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to ensure compliance with evolving regulatory and legal obligations, manage risk, increase efficiency and deliver better results commercial. GRC offers a portfolio of expert technology services and solutions focused on Legal Entity Compliance, Legal Operations Management, Banking Product Compliance and Banking Regulatory Compliance.
Wolters Kluwer (WKL) is a global leader in professional information, software solutions and services for healthcare; taxation and accounting; governance, risk and compliance; and the legal and regulatory sectors. We help our customers make critical decisions every day by delivering expert solutions that combine deep domain knowledge with specialized technology and services. Wolters Kluwer achieved annual sales of €4.8 billion in 2021. The group serves customers in over 180 countries, maintains operations in over 40 countries and employs around 19,800 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.