iLien Motor Vehicle, Portfolio Sync, and iLien for Main Street recognized for excellence
Wolters Kluwer Lien Solutions has won three major industry accolades for excellence in product innovation. Two of its solutions—iLien Motor Vehicle and Portfolio Sync—have earned “Product of the Year” distinctions in Finance Monthly magazine’s hotly contested 2021 FinTech Awards, while its iLien for Main Street offering won a 2021 BIG Innovation Award in the “Banking Innovations” category.
The three awards were decided by independent editorial panels and recognize Wolters Kluwer Lien Solutions’ ongoing leadership in developing expert solutions. Finance Monthly is a global publication within the Universal Media group, providing news, commentary and analysis, and distributed to more than 195,000 people each month. The Business Intelligence Group’s (BIG) Innovation Awards recognize organizations, products, and people that are “bringing new ideas to life in innovative ways.”
“These honors reinforce Wolters Kluwer Lien Solutions’ ongoing commitment to bringing innovative solutions in lien and title management services to the financial services market,” said Raja Sengupta, Executive Vice President and General Manager of Wolters Kluwer Lien Solutions. “More importantly, these three solutions share a common inspiration in that their development and successful implementation are largely due to the critical, sustained input of our customers on what matters the most to them as the environment changes—and the increasingly important role that technological innovation plays in helping solve complex customer challenges.”
iLien Motor Vehicle, a cloud-based SaaS solution that serves as a single source for processing and managing motor vehicle titles and liens, helps solve the most unique and complicated challenges in title perfection.
Portfolio Sync is a first-of-its-kind UCC lien management product that combines all of a lender’s existing liens into one view, no matter how or where they were filed. It provides greater visibility into the entire lending portfolio, so issues that could effect a lender’s secured interests can be identified and managed across all liens from one dashboard.
iLien for Main Street helps lenders optimize their due diligence and lien management efforts when securing loans for small and medium-sized businesses under the Main Street Lending Program.