Gold Cup
ComplianceJanuary 18, 2023

Wolters Kluwer's iLien Motor Vehicle wins 2023 BIG Innovation Award

Recent functionality upgrades significantly enhance the user experience

Wolters Kluwer Compliance SolutionsiLien for Motor Vehicle offering has been named a 2023 BIG Innovation Award winner by the Business Intelligence Group.

As a cloud-based SaaS, iLien Motor Vehicle delivers a single solution for processing and managing motor vehicle titles and liens. The offering, produced by Wolters Kluwer Lien Solutions, a business line within Wolters Kluwer Compliance Solutions, helps solve some of the most unique and complicated challenges in title perfection.

Wolters Kluwer’s winning entry focused on recent enhancements Compliance Solutions incorporated into the solution, including the development of new user dashboards that give lenders immediate access to real-time views of specific key performance indicators, enabling actionable details on each vehicle in a portfolio while improving customer workflow.

“Since its inception, iLien Motor Vehicle has provided lenders a single, automated point of management for processing and managing motor vehicle titles. It addresses lender pain points ranging everywhere from lags in the perfection process due to insufficient information and manual entry errors, to complexities involving the thousands of jurisdictional regulations nationwide, to taxes and fees that can slow or jeopardize a perfected title,” said Steven Meirink, Executive Vice President and General Manager, Wolters Kluwer Compliance Solutions. “We are pleased the enhancements we’ve made to an already outstanding solution are being recognized by our customers, as well as through such meaningful industry recognitions as this innovation award.”

The Business Intelligence Group defines its mission as “recognizing true talent and superior performance in the business world” via a program in which entries are judged by business executives. The organization's proprietary scoring system selectively measures performance across multiple business domains and rewards those companies “whose achievements stand above those of their peers.”

Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes.

About Wolters Kluwer

Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the health, tax & accounting, governance, risk & compliance, and legal & regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.

Contacts
Paul Lyon
Paul Lyon

Senior Global Corporate Communications Director: Global Marketing, Communications & Planning

Governance, Risk & Compliance Division
David Feider
David Feider
Corporate Communications Manager, Banking & Regulatory Compliance
Governance, Risk & Compliance Division
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