Wolters Kluwer issues news about its global professional information, software, and services business, represented in the U.S. by the WTKWY sponsored Level 1 ADR. Updates commonly cover healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, and corporate performance and ESG solutions.
Recurring items include trading updates by business area, annual report and AGM materials, Supervisory Board and executive changes, dividend proposals, portfolio actions, and technology investments. Company announcements also track AI-enabled offerings and platforms such as FAB, Expert AI capabilities in CCH Axcess and UpToDate, legal technology products including Legisway and Kleos, and cloud automation tools such as CodaBox, ClearFacts, Kyte, and Flowin.
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Wolters Kluwer has secured a publishing agreement with the American Society of Nephrology (ASN) to publish three medical journals starting in January 2023. The journals include Journal of the American Society of Nephrology, Clinical Journal of the American Society of Nephrology, and Kidney360. This partnership aims to enhance journal readership globally through the Ovid® platform and other digital channels, providing ASN members with benefits for publishing. ASN, representing over 20,000 kidney health professionals, aims to advance kidney disease research and education.
Wolters Kluwer has successfully completed the acquisition of Level Programs, a Spanish provider of legal practice management software. This move integrates Level Programs into Wolters Kluwer's Legal Software business in Europe, with the aim of enhancing legal solutions for law firms. Kmaleon, Level's main product, offers efficient case management and billing services. The acquisition is anticipated to have immaterial impact on earnings but aims for a return on invested capital above 8% within three to five years, solidifying Wolters Kluwer's position in Spain's legal software market.
In a recent interview, Steve Meirink, Executive VP at Wolters Kluwer Compliance Solutions, emphasized the importance of purpose-driven digital transformation for financial institutions. He noted that technology teams must connect their work to tangible impacts on end customers. The company has been proactive in addressing challenges during the pandemic, notably by helping lenders access crucial funding. Looking ahead, Meirink anticipates a focus on identity verification in the mortgage industry, which he views as essential for building trust.
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