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 Compliance Solutions and Summit Technology Group (STG) are collaborating to enhance compliance in lending documents and workflows for STG customers. This partnership positions Wolters Kluwer as the exclusive preferred vendor for STG’s Lenders Cooperative platform, utilizing its Expere® technology to automate compliant loan documentation. The integration aims to streamline the end-to-end document creation process, boosting regulatory compliance for financial institutions. This strategic alliance will benefit over 200 community banks and credit unions, reinforcing STG's commitment to modernizing financial services.
Wolters Kluwer Compliance Solutions emphasizes the urgent shift towards electronic filing of mortgage-related documents in their latest thought leadership article. The article warns that lenders who resist this trend risk inefficiencies, increased costs, and borrower dissatisfaction. Current data show that a significant number of the 3,865 county recording jurisdictions in the U.S. now accept electronic recordings. The transition to digital processes is deemed critical, especially post-COVID-19, to avoid transaction delays and enhance security, efficiency, and customer satisfaction.
Wolters Kluwer Health, a leader in clinical technology, received the 2021 North America Company of the Year Award from Frost & Sullivan for its comprehensive clinical decision support (CDS) solutions. The award recognizes Wolters Kluwer's ability to enhance clinical decision-making, reduce diagnostic errors, and streamline workflows during healthcare challenges, such as the COVID-19 pandemic. The company demonstrated its commitment to providing accurate evidence-based content, with its UpToDate platform accessed 31.1 million times by 1.3 million clinicians since February 2020.
Wolters Kluwer Tax & Accounting has announced that SurePrep has joined the CCH Axcess™ Marketplace program. This partnership aims to enhance integrations for tax and accounting firms, facilitating automation and efficiency. SurePrep, a leader in tax automation, supports over 23,000 tax professionals. The collaboration is expected to deliver significant benefits by providing firms with advanced technology options to streamline their operations and better serve clients.
Broadridge Financial Solutions (NYSE: BR) has entered a strategic alliance with Wolters Kluwer Compliance Solutions to enhance tax reporting solutions. The collaboration integrates the GainsKeeper cost basis solution with Broadridge's Brokerage Processing Services, streamlining tax data management for clients. GainsKeeper processes over 60 million accounts and supports digital assets reporting. This partnership aims to provide financial firms with reliable tools to comply with regulatory standards and optimize their operations amidst evolving market demands.
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Wolters Kluwer's Governance, Risk & Compliance (GRC) division has achieved significant recognition, winning multiple accolades as a top employer. These awards include Global Legal Technology Employer of the Year and Global Financial Technology Employer of the Year, awarded by Corporate Vision. GRC was also acknowledged in the Top Workplaces in Minnesota survey for 2021. The awards reflect the company's commitment to employee engagement, inclusive culture, and exceptional service in legal and banking solutions. Wolters Kluwer continues to focus on compliance and risk management solutions for professionals globally.