Product innovation, excellence stem from key customer input
HOUSTON--(BUSINESS WIRE)--Wolters Kluwer Lien Solutions has won three Gold-level 2020 One Planet Awards for product innovation excellence in the following categories:
- Best Process Automation Solution – iLien Motor Vehicle (Gold)
- Best Business Automation Solution – Portfolio Sync (Gold)
- New Product or Service of the Year, Information Technology Software – Lien Insights Report (Gold)
These recognitions have helped propel Wolters Kluwer to being named among the top five “Grand Winners” of One Planet Awards among the leading honorees for 2020. One Planet Awards recognizes businesses and professionals in every industry in America and from around the world.
“These category innovations would not be possible without the contributions of our customers, whose critical product input—from ideation to development and testing—has resulted in products that simplify lender processes, reduce manual work, enhance accuracy, and speed transaction times to the delight of customers,” said Raja Sengupta, Executive Vice President and General Manager of Wolters Kluwer Lien Solutions. “These independent accolades highlight our longstanding commitment to product innovation and leadership in both Uniform Commercial Code (UCC) lien management and vehicle lien and titling offerings for the lending industry.”
As a cloud-based SaaS, iLien Motor Vehicle delivers a single solution for processing and managing motor vehicle titles and liens. The offering 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 that possible issues that may require handling to maintain a lender’s secured interests can be identified and managed across all liens from one dashboard.
Lien Insights Report provides detailed reporting on a lender’s estimated UCC lien position and insights into lien activity for each of its debtors, providing a comprehensive, real-time view of lien positions by debtor across one’s entire loan portfolio.
Lien Solutions, which is part of Wolters Kluwer’s Governance, Risk & Compliance (GRC) division, delivers award-winning solutions for lenders. Its flagship iLien offering gives lenders the ability to conduct public record searches, retrieve and view UCC and corporate records, create filings, and manage their entire lending portfolio. Its iLien Motor Vehicle offering is an award-winning SaaS platform that transforms vehicle and equipment titling work, helping lenders maintain loan perfection, monitor and manage vehicle liens efficiently, and release titles effortlessly.
Wolters Kluwer’s GRC division provides an array of expert solutions to help U.S. financial institutions manage regulatory and risk obligations, including customized offerings to address COVID-19 challenges. Lien Solutions’ 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. In addition, Compliance Solutions’ Paycheck Protection Program Supported by TSoftPlus™ helps lenders’ customers access critical stimulus funding.
About Wolters Kluwer Governance, Risk & Compliance
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. GRC offers a portfolio of technology-enabled 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 health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2019 annual revenues of €4.6 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.
Director of Global Corporate Communications, Banking & Regulatory Compliance
Governance, Risk & Compliance
Office +44 20 3197 6586
Corporate Communications Manager, Banking & Regulatory Compliance
Governance, Risk & Compliance Division
Tel: +1 612-852-7966
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