Solution delivers future-ready compliance through modern architecture built for community financial institutions
Wolters Kluwer Financial & Corporate Compliance today announced the launch of ComplianceOne Plus™, a cloud-based platform designed specifically for commercial and consumer lending at community banks and credit unions. The platform helps these financial institutions modernize their lending operations through compliant document generation and intuitive workflows.
Future-ready compliance built within new cloud-based architecture
“Community banks and credit unions require technology that strategically advances their lending and compliance priorities today while providing a foundation for long-term growth,” said Simon Moir, Vice President, Banking and Lending Solutions, Wolters Kluwer Financial & Corporate Compliance. “ComplianceOne Plus reinforces Wolters Kluwer’s long-standing commitment to this community-based lending market, by bringing a brand-new, platform using modern architecture because they deserve technology and investment designed for their future, not constrained by the past. Its compliant, reliable, and intuitive design empowers institutions to streamline lending operations without disrupting borrower satisfaction.”
With Wolters Kluwer’s leadership in lending compliance technology, the ComplianceOne Plus platform leverages compliance content powered by Expere®, allowing institutions to produce accurate, consistent documents across jurisdictions and loan types. Financial institutions also can add-on third party capabilities in a cost-effective and scalable way to adapt as their business needs evolve.
Leveling the playing field across the banking landscape
“As a community bank, our teams manage many aspects of the lending process simultaneously. Having a system that can bring those functions together and improve lending workflows is a must,” said Kim McKee, President & CEO at North Central Bank. “Meeting our customers’ unique needs while having the visibility and integrations necessary for banking operations to grow, has our bank set up to succeed now and in the future.”
Built for institutions that prioritize efficiency, compliance, and borrower experiences, ComplianceOne Plus provides visibility into active pipelines, while two-way integrations and robust third-party services simplify and reduce downstream errors. Additionally, the platform easily syncs with other Wolters Kluwer offerings such as HMDA Wiz®, eOriginal SmartSign® Plus, and iLien® for UCC lien searches, filings and post-closing due diligence.
"ICBA’s longstanding relationship with Wolters Kluwer reflects our commitment to helping community banks access technology that supports their business and the personal service customers expect,” said Adam Mahone, Senior Vice President of Innovation Programming at ICBA. “Through our Preferred Service Provider solution we connect community banks with tools like ComplianceOne Plus to simplify lending, improve operational efficiency, and better serve borrowers."
ComplianceOne Plus minimizes complexity and removes the burden traditionally associated with the lending process. To learn more about Wolters Kluwer’s commitment to community banks and credit unions, visit our website.