Cardinal Software Selects Wolters Kluwer Financial Services and ComplianceOne™ to Help Customers With Lending Compliance
Minneapolis, MN (Oct. 27, 2008) - Wolters Kluwer Financial Services announced today that Cardinal Software has selected the company as a preferred provider of lending technology. The pair has also created an interface between the Cardinal/400 Core System and the lending functionality within Wolters Kluwer Financial Services’ ComplianceOne solution.
ComplianceOne will give Cardinal clients the ability to manage regulatory compliance risks tied to their lending lines of business using a single platform. By using the interface, Cardinal customers will be able to seamlessly transfer data between Cardinal’s core processing system and ComplianceOne, eliminating redundant data entry and reducing the number of associated errors.
Through ComplianceOne, Cardinal clients will also enjoy access to Wolters Kluwer Financial Services’ industry-leading compliance content that can help them meet regulatory requirements in all 51 U.S. jurisdictions. And they can take advantage of such in-demand functionalities as imaging and bar-coded documents.
“We partnered with Wolters Kluwer Financial Services because the depth and breadth of their regulatory expertise behind ComplianceOne helps ensure our customers can address all of their lending compliance needs,” said Jace Day, chief executive officer of Cardinal Software.
“Cardinal chose to interface to ComplianceOne to provide their customers with a complete lending compliance solution,” said Ken Newton, executive vice president of Banking for Wolters Kluwer Financial Services. “No matter what financial institutions’ compliance needs might be, Wolters Kluwer Financial Services has the most up-to-date solutions and services that can help them operate more efficiently with much less risk.”
Nearly 1,000 financial institutions have purchased Wolters Kluwer Financial Services’ ComplianceOne solution, which was introduced to the marketplace in 2007. For more information, please visit www.WoltersKluwerFS.com/One.
For more information about Cardinal Software, please visit http://www.cardinal400.com.
About Cardinal Software
Cardinal Software serves the community banking industry with a full suite of integrated core and ancillary solutions. Cardinal/400’s ability to efficiently integrate with non-core applications and openness to working with third party vendors means you have the flexibility to select the systems that support your plan for success.
Our dedication to building a successful partnership with our customers will change your core experience.
About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, GulfPak, Desert Document Services®, AppOne®, GainsKeeper®, Capital Changes, NILS and AuthenticWeb™.
Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and workflow tools, documentation, analytics, authoritative information and professional services. Customers include banks, credit unions, mortgage lenders and securities and insurance organizations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit www.WoltersKluwerFS.com.
Wolters Kluwer is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2007) of €3.4 billion ($4.8 billion), maintains operations in over 33 countries across Europe, North America, and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Visit www.WoltersKluwer.com for information about our market positions, customers, brands and organization.