2019 Press Releases

Equifax and Wolters Kluwer Team Up to Offer End-to-End CECL Solution

March 28, 2019 — Equifax, a global data, analytics, and technology company, and Wolters Kluwer’s Finance, Risk & Reporting (FRR) business, are teaming up to provide an end-to-end Current Expected Credit Losses (CECL) solution. The companies are combining their respective CECL offerings and capabilities to help financial institutions comply with new standards instituted by the Financial Accounting Standards Board (FASB) for a complete solution that ensures an integrated and supportable framework.

Wolters Kluwer’s ELM Solutions Introduces Application Management Services

March 27, 2019 — Wolters Kluwer’s ELM Solutions announced the availability of its Application Management Services, a set of managed services designed to drive efficiency, control costs, and improve outcomes in corporate legal and claims departments by strategically optimizing the Passport® or TyMetrix® 360° solutions. As corporations seek innovative ways to solve business challenges, ELM Solutions has expanded its expert services portfolio to help clients maximize internal resources and their technology investments.

Grow Financial Credit Union Selects Wolters Kluwer’s ComplianceOne® Lending, CASH Suite™ Solutions

March 20, 2019 — Grow Financial Credit Union, headquartered in Tampa, Fla., has selected Wolters Kluwer’s ComplianceOne® Lending and CASH Suite™ solutions to streamline its commercial lending processes and enhance compliance risk management throughout its 26 branch locations.

Wolters Kluwer Experts are Featured Speakers at 2019 ICBA, CBA National Conferences

March 15, 2019 — Principal Regulatory Strategist and Senior Advisor Timothy R. Burniston and Barbara Boccia, Senior Director for Advisory Services and Regulatory Relations in Wolters Kluwer’s Compliance Solutions business, will speak at two major banking association conferences this spring. Boccia will lead a session looking at the challenges community bank compliance teams face in an evolving regulatory environment at the 2019 Independent Community Bankers of America® national convention, ICBA LIVE®, March 18-22 in Nashville.

Wolters Kluwer’s CT Corporation Wins a Stevie Award for Customer Service

March 11, 2019 — Wolters Kluwer’s CT Corporation announced today that it earned a Bronze level Stevie® Award for Front Line Customer Service Team of the Year. This award recognizes the dedicated, expert CT Corporation customer service teams that businesses rely on to help proactively manage their complex corporate legal compliance requirements. As part of our managed service offering, our customer service professionals partner with corporations to proactively track and manage their critical compliance requirements related to their legal entities, annual reports and business licenses.

Investors Bank Selects Wolters Kluwer’s OneSumX for Regulatory Reporting

March 7, 2019 — Investors Bank has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting to provide its regulatory reporting software. Investors Bank, which operates from its corporate headquarters in Short Hills, New Jersey, has approximately $25.52 billion in assets and 151 branches located throughout New Jersey and New York.

Central Bancompany Selects Wolters Kluwer’s Regulatory Change Management, Risk and Controls Technology

March 6, 2019 — Central Bancompany, headquartered in Jefferson City, Mo., has implemented Wolters Kluwer’s regulatory change management offering along with its risk and controls assessment solution to streamline processes and enhance compliance risk management and controls among Central Bancompany’s 13 affiliate banks.

Wolters Kluwer’s ELM Solutions Wins Two Stevie Awards for Customer Service

March 5, 2019 — Wolters Kluwer’s ELM Solutions announced that it earned two Stevie® Awards for Sales & Customer Service, a silver level award for Customer Service Department of the Year – Computer Software and a silver level award for Best Customer Feedback Strategy. The Stevie Awards for Sales & Customer Service are the world’s top honors for customer service, contact center, business development and sales professionals. More than 2,700 nominations from organizations of all sizes and in virtually every industry, in 45 nations, were evaluated in this year's competition.

Wolters Kluwer to Share Fintech Expertise at 2019 Securities Industry Institute

February 28, 2019 — Stevie Conlon, vice president, tax and regulatory counsel in Wolters Kluwer’s Compliance Solutions business, will speak on “Successfully Managing Financial Innovation and Disruption” at the Securities Industry Institute® (SII) conference in early March. The event will take place at the University of Pennsylvania’s Wharton School at 12:30 p.m. ET on Tuesday, March 5, 2019 and is co-hosted with SIFMA (The Securities Industry and Financial Markets Association). The SII is an executive development program designed for professionals in all areas of financial services, including participants from financial exchanges and regulatory agencies.

Bank of China Selects Wolters Kluwer’s OneSumX for Integrated Finance, Risk and Regulatory Reporting in Australia

February 27, 2019 — Bank of China has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting to provide its regulatory reporting calculation and submission software for its operations in Australia.

Wolters Kluwer Invited to Bank of England Roundtable on the Resolvability Assessment Framework Package

February 12, 2019 – Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has been invited to take part in an industry roundtable, organized by the Bank of England, which will discuss proposals designed to ensure U.K. banks are accountable for their own resolvability - the Resolvability Assessment Framework (RAF).

Wolters Kluwer Triumphs in US Business News Awards

February 5, 2019 — Wolters Kluwer’s CASH Workflow™ solution has been named Commercial Loan Origination Solution of the Year by US Business News, as part of its Technology Elite awards series.

BBVA Compass Selects Wolters Kluwer’s OneSumX for Regulatory Reporting in the U.S.

January 25, 2019 — BBVA Compass has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting to provide regulatory reporting software for its operations in the U.S. BBVA Compass is the U.S.-based subsidiary of Spanish multinational banking group BBVA, with a major presence throughout the Sunbelt region of the U.S. and total assets of more than $90 billion.

Austria’s Sparkassen-Prüfungsverband Selects Wolters Kluwer’s OneSumX for Regulatory Reporting

January 23, 2018 — Sparkassen- Prüfungsverband has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting to provide its market leading regulatory reporting software functionality for the mandatory audit reports and appendix to the reports (the so-called “Anlage zum Prüfbericht”). These yearly bank audits need to be performed by the auditors for all banks in Austria, with many choosing to utilize OneSumX for Regulatory Reporting.

Wolters Kluwer Launches Online Applications Capability for Community Banks, Credit Unions

January 16, 2019 — Wolters Kluwer’s Compliance Solutions business has launched Online Applications, a digital offering that integrates with the firm’s ComplianceOne® solution and its recently launched Vanceo™ Mortgage offering. The new functionality enhances online loan application capabilities for community banks and credit unions, allowing consumers to begin a loan application with their community bank or credit union from any digital device, at any time.

Milleis Banque Selects Wolters Kluwer to Provide Integrated Regulatory Compliance and Reporting Architecture

January 11, 2019 — Milleis Banque has selected Wolters Kluwer to provide its integrated regulatory compliance and reporting software. The bank will use Wolters Kluwer’s OneSumX for Risk Management as well as OneSumX for Regulatory Reporting to build a truly integrated risk and reporting framework.

Bendigo and Adelaide Bank Goes Live with Wolters Kluwer’s OneSumX for Regulatory Reporting

January 7, 2019 — Bendigo and Adelaide Bank has completed its implementation of Phase 1 of Modernized Economic and Financial Statistical Reporting (EFS) using Wolters Kluwer’s OneSumX for Regulatory Reporting. EFS is an ambitious regulatory change program, managed by the Australian Prudential Regulation Authority (APRA).