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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 Tax & Accounting highlights factors that may increase an individual's chance of an IRS audit. Currently, the IRS audits approximately 0.5% of tax returns, though the likelihood varies based on specific taxpayer circumstances. Key audit triggers include obvious errors, unreported income, excess deductions, failure to adapt to tax law changes, and prior audits. The US Congress is considering further funding to enhance audit activities. This information aims to help taxpayers minimize audit risks.
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Wolters Kluwer, Health has launched the Best Care Everywhere initiative aimed at enhancing global health equity. The program focuses on four tenets: using trusted evidence, improving care accessibility, ensuring fair health opportunities, and customizing care to individual needs. CEO Stacey Caywood highlighted the importance of innovative thinking and digital solutions in advancing healthcare equity. Wolters Kluwer is committed to reducing inequities in healthcare settings through technology donations and education reform.
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Wolters Kluwer Compliance Solutions has partnered with the American Property Casualty Insurance Association (APCIA) to provide member companies direct access to APCIA Bulletins via XML technology. This collaboration aims to enhance compliance capabilities for insurance companies, enabling timely incorporation of regulatory updates into their existing platforms. Wolters Kluwer has obtained exclusive rights to commercialize these bulletins, ensuring efficient delivery of regulatory content. The NILS™ Feed Plus solution will help insurers manage regulatory changes effectively, promoting better business outcomes.
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Wolters Kluwer CT Corporation has received multiple awards for its UCC Hub solution, highlighting its innovation in legal technology. The New World Report recognized UCC Hub as the Legal Technology Innovation of the Year, while Corporate Vision named it Legal Technology Launch of the Year. This solution enhances compliance and workflow efficiency for clients by automating due diligence and UCC filing processes. With a client base that includes a significant portion of Fortune 500 companies and AmLaw 100 firms, CT Corporation reinforces its position as a leader in the compliance sector.
Wolters Kluwer Tax & Accounting has announced its annual CCH Connections User Conference scheduled for October 27-29, 2021 in Austin, Texas. The conference will feature notable speakers including IRS Commissioner Charles Rettig and Netflix cofounder Marc Randolph, focusing on innovative strategies in the tax and accounting sector. Attendees can earn up to 26 CPE credits and participate in technology demonstrations. This event emphasizes leveraging technology and business insights to enhance productivity and client services.
Wolters Kluwer Compliance Solutions’ Executive Vice President, Steven Meirink, has been awarded CEO Monthly’s Executive of the Year in Financial Technology. This honor acknowledges his leadership during the COVID-19 pandemic and the acquisition of eOriginal, enhancing their digital lending services. The €231 million acquisition positions Wolters Kluwer as a leader in U.S. mortgage and loan management. Notably, their software supported nearly 500 lenders in the Paycheck Protection Program, preserving over 10 million jobs.