Wolters Kluwer triumphs with nine International Business Awards 2021
MINNEAPOLIS – (COMMERCIAL THREAD) –Wolters Kluwer Compliance Solutions won nine International Trade Award 2021, as part of the prestigious Stevie Awards program, for product innovation and customer service excellence. The wins include a Gold level prize for OneSumXÂ® for compliance program management, several accolades for the use of artificial intelligence to manage regulatory changes and one accolade for the âMy Accountâ customer service initiative from Compliance Solutions.
OneSumXÂ® for Compliance Program Management, which won the award in the âBest Governance, Risk and Compliance Solutionâ category, helps compliance professionals to effectively measure, monitor and manage their compliance programs through seven foundational offerings that feed into a central CPM interface, providing a single view of regulatory risk that can be articulated across an entire organization. With interconnected topics such as risks and controls, testing, policies and procedures and regulatory changes, the solution provides financial institutions with a common language, approach and methodology in which all parts of their compliance program can. cross.
Among five Silver level victories, Wolters Kluwer won the award for “Best Artificial Intelligence / Machine Learning Solution” for his OneSumXÂ® ProViso Solution; âBest Big Data solutionâ for its OneSumXÂ® for Regulatory Change Management offer; and âBest FinTech Solutionâ for its iLink for privilege management product. CASH Suite â¢ also won the Silver level distinction in the âBest Business-to-Business Productâ category, as did Language translation ExpereÂ® for âBest FinTech Solutionâ.
Among the other victories were Online applications for the âBest financial servicesâ category; TSoftPlus for the Paycheque Protection Program under âCOVID-19 response, the most valuable technical innovation; “And success”My account“, Which won the” Best Customer Service Team of the Year. As supported by customer testimonials shared in the reward entry, My Account has significantly improved the user experience and functionality of Wolters Kluwer’s proprietary customer support system, providing customers with a comprehensive, real-time view of customer information. their account with improved functionality to view account balances, unpaid invoices, order status, and print order tracking numbers.
âThese impressive victories share one thing in common in that they were designed, developed and refined with direct input and feedback from our customers,â said Steve meirink, Executive Vice President and General Manager, Compliance Solutions. âThe result has been the provision of expert solutions that effectively address core issues, solving issues ranging from operational workflow issues and managing regulatory complexity to demonstrating compliance across their organizations. These latest industry accolades affirm and reinforce our mission focused on enabling professionals around the world to make a meaningful impact for their clients when it matters most.
Now in his 18e year, The International Business AwardsÂ® honor and generate public recognition for the achievements and positive contributions of organizations and professionals around the world.
Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks and credit unions, insurers and securities firms. The company, which is part of the Governance, Risk and Compliance (GRC) division of Wolters Kluwer, helps these financial institutions effectively manage the risks and regulatory compliance obligations, and obtain the information needed to better serve their customers and develop their business.
Wolters Kluwer’s GRC division offers a range of expert solutions to help financial institutions manage regulatory obligations and risks. Wolters Kluwer Compliance Solutions eOriginalÂ® A specially designed suite of digital lending solutions, for example, helps lenders digitize their transactions and offers electronic signatures, collateral authentication and an electronic safe. Compliance Solutions ” ILien motor vehicle provides the processing and management of motor vehicle titles and privileges, helping solve the most unique and complex title perfection challenges. Wolters Kluwer Finance, Risk and Regulatory Reporting (FRR), meanwhile, is a global market leader in providing integrated regulatory compliance and reporting solutions. The division’s legal solutions businesses are Wolters Kluwer CT Corporation and Wolters Kluwer ELM Solutions.
About Wolters Kluwer Governance, risk and compliance
Governance, Risks & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to ensure compliance with evolving regulatory and legal obligations, manage risk, increase efficiency and drive better business results. GRC offers a portfolio of technology expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.
Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the healthcare, tax and accounting, risk and compliance, finance and legal industries. Wolters Kluwer achieved 2020 annual sales of 4.6 billion euros. The company, headquartered in Alphen aan den Rijn, The Netherlands, serves customers in more than 180 countries, maintains operations in more than 40 countries and employs 19,200 people worldwide.