Wolters Kluwer’s ELM Solutions Wins Top American Business Award for Legal Information Solutions

Wolters Kluwer’s ELM Solutions, the market-leading provider of
enterprise legal spend and matter management, legal analytics and
contract lifecycle management solutions, today announced that its Legal
Holds module was named a Gold Stevie® Award winner in the Legal
Information Solutions category in The 17^th Annual American
Business Awards®.

The American Business Awards are the nation's premier business awards
program. More than 3,800 nominations from organizations of all sizes and
in virtually every industry were submitted this year for consideration
in a wide range of categories.

Launched in late 2018, ELM Solutions’ Legal Holds module helps corporate
legal and insurance claims departments streamline their legal
holds workflow with an intuitive solution that automates the assignment,
notification, and administration of custodian acknowledgements. With
courts mandating organizations demonstrate such a system is in place,
ELM Solutions’ Legal Holds module provides legal operations and
insurance claims professionals with an automated and defensible
methodology.

“We are excited to be recognized as a Gold Stevie Award winner for our
commitment to providing customers with the innovative solutions they
need to realize world-class business outcomes,” said Jonah Paransky,
Executive Vice President and General Manager for Wolters Kluwer’s ELM
Solutions. “We learned from our customers that managing the legal holds
process was costly and disorganized, so we designed an easy to use
solution that simplifies the process and drives operational
efficiencies. This award reflects our dedication to providing a
comprehensive suite of technology solutions that address the growing
needs of corporate legal operations departments.”

According to one member of the American Business Awards judging panel,
the Legal Holds module is “a well-rounded solution… A clear case of
automating mundane tasks to improve speed, reliability and accuracy.”
Another judge commented, “a user friendly legal solution platform [that]
is efficient and time saving.”

Wolters Kluwer’s ELM Solutions is the market-leading provider of
enterprise legal spend and matter management and legal analytics
solutions. Corporate legal and insurance claims departments and their
law firms worldwide trust our flexible, multi-solution approach to help
control costs, collaborate more effectively, and drive better outcomes.
This includes Passport®,
the highest rated ELM solution in the latest Hyperion MarketView™ Legal
Market Intelligence Report; TyMetrix®
360°, the industry’s leading SaaS-based e-billing and matter
management solution; and the LegalVIEW® portfolio
of legal analytics solutions based upon the industry’s largest and most
comprehensive legal spend database, with more than $128 billion in
invoices.

About Wolters Kluwer Governance, Risk & Compliance

Governance, Risk & Compliance (GRC) is a division of Wolters
Kluwer, which provides legal and banking professionals with
solutions to 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 2018
annual revenues of €4.3 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.

About the Stevie Awards

Stevie Awards are conferred in seven programs: the Asia-Pacific Stevie
Awards, the German Stevie Awards, The American Business Awards®, The
International Business Awards®, the Stevie Awards for Women in Business,
the Stevie Awards for Great Employers, and the Stevie Awards for Sales &
Customer Service. Stevie Awards competitions receive more than 12,000
entries each year from organizations in more than 70 nations. Honoring
organizations of all types and sizes and the people behind them, the
Stevies recognize outstanding performances in the workplace worldwide.
Learn more about the Stevie Awards at http://www.StevieAwards.com.

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