Completes 175+ Solution Installs with Banks and Credit Unions in First Quarter of 2012
Wolters Kluwer Financial Services announced that in the first quarter of 2012, it has completed more than 175 installations of its ComplianceOne solution with U.S. banks and credit unions. That’s an average of nearly three systems installed each business day from January through March. More than 3,500 financial institutions now trust ComplianceOne and Wolters Kluwer Financial Services’ other documentation and workflow solutions to help them make managing compliance with loan and deposit account transactions faster and more efficient.
ComplianceOne allows banks and credit unions to document their lending and deposit transactions while also connecting the major areas of their business to their core processor through one easy-to-manage user interface. The solution is built upon the trusted compliance knowledge and experience behind Wolters Kluwer Financial Services’ Bankers Systems brand. And it offers them integrated access to many of Wolters Kluwer Financial Services’ Wiz compliance analytics tools.
“Besides bringing additional customers onto the ComplianceOne platform, we continue to make it stronger for existing ones,” said Lisa Fraga, vice president and general manager of Wolters Kluwer Financial Services’ Origination Compliance business. “Our Voice of the Customer program has been instrumental in allowing our ComplianceOne users to help create and build out features and functionalities that help the solution make compliance quicker and easier for them, even as the regulatory environment continues to grow increasingly-complex.”
Wolters Kluwer Financial Services hosted more than 100 ComplianceOne customers at regional user events in the first quarter of 2012 for additional training on the solution and to gather their feedback on how ComplianceOne can be further enhanced.