Regulatory compliance and lien management tools are helping financial institutions address complex business challenges
Wolters Kluwer Compliance Solutions has earned five accolades—including two gold-level honors—in the prestigious 2022 American Business Awards for excellence in product innovation.
Winning gold were Compliance Solutions’ OneSumX® for Regulatory Change Management offering for Best Governance, Risk & Compliance Solution, and Lien Insights Reports in the Financial Services group. OneSumX® ProViso won a silver award for Best Big Data Solution, and Portfolio Sync won a silver in the Financial Services category. iLien Motor Vehicle, meanwhile, won bronze in the Financial Services category.
Winning entries are determined by scores compiled by more than 230 professionals worldwide who have adjudicated hundreds of submissions over a three-month judging process. Pointing to the OneSumX for Regulatory Change Management offering, one judge noted, “It’s impressive that Wolters Kluwer has leveraged the latest tech improvements, like Artificial Intelligence, to make sure everyone who uses the platform is aware of the latest regulations and documents needed…improving the overall value proposition of the product. Great work!”
“These American Business Awards continue to demonstrate the great product innovation strides we are making to help the professionals we serve each day increase their abilities to make an impact of signficance for their customers in a safe, secure and sound manner,” noted Steven Meirink, Executive Vice President and General Manager for Wolters Kluwer Compliance Solutions. “These accolades reinforce our longstanding commitment to deliver solutions that help financial services firms improve their processes, deliver superior value to customers, and effectively navigate an environment of dynamic, ongoing regulatory change in a compliant way.”
Now in its 20th year, the American Business Awards are part of the Stevie Awards program and recognize the achievements and positive contributions of organizations and working professionals worldwide.