Wolters

Wolters Kluwer experts: How to simplify state-level compliance program management

Retrieved on: 
Friday, January 12, 2024
Professional Services, Technology, Finance, Consulting, Artificial Intelligence, Accounting, Artificial intelligence, Wolters Kluwer, FCC, AI, Journal, Risk management, CT Corporation, Wolters

According to Wolters Kluwer regulatory experts Elaine Duffus , Senior Specialized Consultant, Compliance Solutions, and Kris Stewart , Senior Director, Specialized Consulting, there are four, state-level pain points that make compliance more difficult: information overload, increased regulation enforcement, compliance costs, and partially automated compliance systems.

Key Points: 
  • According to Wolters Kluwer regulatory experts Elaine Duffus , Senior Specialized Consultant, Compliance Solutions, and Kris Stewart , Senior Director, Specialized Consulting, there are four, state-level pain points that make compliance more difficult: information overload, increased regulation enforcement, compliance costs, and partially automated compliance systems.
  • “It is essential to maintain full compliance with a growing volume of new rules and provide proactive guidance on those that may impact core business operations.
  • “As compliance burdens increase, cutting-edge technologies, such as artificial intelligence (AI) and machine learning-enabled solutions, can drive better insights and outcomes,” Duffus and Stewart argue.
  • Wolters Kluwer FCC is also home to CT Corporation, a leading provider of registered agent services, incorporation services and legal entity compliance, including the new beneficial ownership requirement for small businesses that took effect January 1, 2024.

CCH Tagetik Global Minimum Tax solution named New Product of the Year award by Business Intelligence Group

Retrieved on: 
Wednesday, November 22, 2023
Pillar, Tagetik, Business, Economy, CFOS, Wolters Kluwer, OECD, Wolters, Face, Business intelligence, Senior

NEW YORK — November 22, 2023 — Wolters Kluwer’s recently launched CCH Tagetik Global Minimum Tax solution was today named New Product of the Year in the Business Intelligence Group’s annual BIG Awards for Business .

Key Points: 
  • NEW YORK — November 22, 2023 — Wolters Kluwer’s recently launched CCH Tagetik Global Minimum Tax solution was today named New Product of the Year in the Business Intelligence Group’s annual BIG Awards for Business .
  • Wolters Kluwer launched its new CCH® Tagetik Global Minimum Tax solution in April of 2023, to help multinational companies prepare for 2024 Organisation for Economic Co-operation and Development (OECD) Pillar Two reporting requirements.
  • Ralf Gärtner , Senior Vice President and General Manager of Corporate Performance Solutions, Wolters Kluwer, said: “We’re proud that our new CCH Tagetik Global Minimum Tax solution has been named New Product of the Year from the BIG Awards for Business.
  • The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world.

Wolters Kluwer leaders predict accelerated AI transformation for healthcare in 2024

Retrieved on: 
Wednesday, December 20, 2023
Technology, Other Technology, Public Policy, Government, Healthcare Reform, Software, Digital Cash Management, Digital Assets, Internet, General Health, Health, Artificial Intelligence, Documentation, Faculty, Learning, Trust, Synthetic media, Student, Workflow, Wolters Kluwer, Education, AI, Wolters, Artificial intelligence in healthcare, Knowledge, Artificial intelligence, Generative, Intelligence

As 2024 nears, the healthcare landscape is undergoing unprecedented transformations, particularly with headlines about artificial intelligence (AI) technologies, and Generative AI (GenAI) in particular, promising to reshape how healthcare is delivered.

Key Points: 
  • As 2024 nears, the healthcare landscape is undergoing unprecedented transformations, particularly with headlines about artificial intelligence (AI) technologies, and Generative AI (GenAI) in particular, promising to reshape how healthcare is delivered.
  • To shed light on anticipated trends and innovations impacting the healthcare industry in 2024, leading experts from across Wolters Kluwer Health offer their expectations for healthcare AI in 2024.
  • Wolters Kluwer products, services and expert solutions are based on a foundation of trust, transparency, and responsibility – in line with the company’s values.
  • Wolters Kluwer’s AI Principles guide the design, development, and deployment of advanced technologies in helping customers solve their most complex problems—in healthcare and beyond.

Wolters Kluwer enhances Enablon Platform with addition of CCH Tagetik ESG reporting and disclosure capabilities

Retrieved on: 
Tuesday, November 14, 2023
Disclosure, Government, Safety, Organization, Risk management, European, Sustainability Accounting Standards Board, CRSD, Intelligence, Data collection, EHS, Health, CFOS, Corporate sustainability, Software, CSRD, Wolters Kluwer, Environment, GRI, CP, Wolters, ESG, Cryptocurrency, Audit, Social

NEW YORK – November 14, 2023 – Wolters Kluwer Corporate Performance and ESG (CP & ESG) continues to deliver on its promise to integrate and extend its strong portfolio of financial and ESG solutions, this time by integrating ESG reporting and disclosure functionality from CCH Tagetik into its Enablon ESG Excellence solution.

Key Points: 
  • NEW YORK – November 14, 2023 – Wolters Kluwer Corporate Performance and ESG (CP & ESG) continues to deliver on its promise to integrate and extend its strong portfolio of financial and ESG solutions, this time by integrating ESG reporting and disclosure functionality from CCH Tagetik into its Enablon ESG Excellence solution.
  • In response to these fast-evolving trends, Wolters Kluwer CP & ESG has now added ESG reporting and disclosure capabilities to its Enablon ESG Excellence solution.
  • The new functionality combines environment, health and safety (EHS) and ESG data collection and analysis expertise from the company’s industry-leading Enablon ESG Excellence solution with the market-leading reporting and disclosure intelligence capabilities of its CCH Tagetik ESG & Sustainability Performance Management solution.
  • Additionally, Wolters Kluwer was named a “Top Vendor” in the inaugural 2023 Environmental, Social, and Governance Reporting (ESG) Market Study , published by Dresner Advisory Services .

Wolters Kluwer named a Great Place to Work by The Secured Lender

Retrieved on: 
Wednesday, November 29, 2023
Professional Services, DEI (Diversity, Equity and Inclusion), Human Resources, Finance, Consulting, Banking, Accounting, Organization, Risk management, Culture, Wolters Kluwer, Growth, CT Corporation, Wolters, FCC, Environment

Wolters Kluwer Compliance Solutions has been recognized as a great place to work by The Secured Lender for its competitive compensation, benefits, and global talent management programs.

Key Points: 
  • Wolters Kluwer Compliance Solutions has been recognized as a great place to work by The Secured Lender for its competitive compensation, benefits, and global talent management programs.
  • Wolters Kluwer officials point to the company’s work to create an inclusive culture, which is reflected in recognitions such as Wolters Kluwer being named the Netherlands’ top company for gender diversity in the Equileap Gender Equality Global Report & Ranking, 2023 and among the Top 100 companies in the Financial Times’ Diversity Leaders 2023 ranking.
  • “I am proud of the work that we do to create a diverse environment that encourages a work life balance and growth for our employees,” said Vikram Savkar , Executive Vice President and General Manager, Wolters Kluwer Compliance Solutions.
  • Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks, credit unions, insurers and securities firms.

Wolters Kluwer Expert Cites Preparation as Key to Compliance for Modernized Community Reinvestment Act

Retrieved on: 
Tuesday, November 21, 2023
Consulting, Data Management, Banking, Accounting, Technology, Professional Services, Business, Other Technology, Software, Other Professional Services, Finance, American Business Media, Burniston, Risk management, Register, Community Reinvestment Act, Senior advisor, Community, Government National Mortgage Association, Federal Register, CT Corporation, Wolters, FCC, CRA, Financial adviser

But with input incorporated into the regulations from a range of stakeholders including federal agencies, industry and community leaders, complying with the new CRA requirements will require significant adaptation, according to expert commentary by Wolters Kluwer Compliance Solutions.

Key Points: 
  • But with input incorporated into the regulations from a range of stakeholders including federal agencies, industry and community leaders, complying with the new CRA requirements will require significant adaptation, according to expert commentary by Wolters Kluwer Compliance Solutions.
  • “Every bank is going to be touched by this in some way, no matter the size of the bank.
  • This changes the status quo for everybody,” said Timothy Burniston , Senior Advisor, Regulatory Strategy at Wolters Kluwer Compliance Solutions.
  • Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks, credit unions, insurers and securities firms.

Wolters Kluwer and FinCEN headline Corporate Transparency Act panel

Retrieved on: 
Friday, November 17, 2023
Professional Services, Technology, Small Business, Legal, Finance, Software, BOI, Corporation, Risk management, Federation, Business consultant, Conference, Financial Crimes Enforcement Network, Wolters Kluwer, CPA, UCC, CT Corporation, CTA, Innovation, Society, Wolters, FCC, Security (finance)

Experts from the U.S Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and Wolters Kluwer CT Corporation participated in a recent panel discussion on preparation and compliance obligations in conjunction with Corporate Transparency Act (CTA) requirements taking effect January 1, 2024.

Key Points: 
  • Experts from the U.S Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and Wolters Kluwer CT Corporation participated in a recent panel discussion on preparation and compliance obligations in conjunction with Corporate Transparency Act (CTA) requirements taking effect January 1, 2024.
  • The new reporting requirement will require millions of businesses to file a Beneficial Ownership Information (BOI) Report with FinCEN.
  • The new rule is part of the Corporate Transparency Act, with FinCEN issuing the regulation and providing the details on who must file a BOI report, when the report has to be filed, and what information has to be reported.
  • It is part of Wolters Kluwer’s Financial & Corporate Compliance (FCC) division and has a global reach into over 150 countries.

Wolters Kluwer Names the Winner of Its 2023 Excellence in Data Analytics Award

Retrieved on: 
Wednesday, November 15, 2023
Technology, Finance, Fintech, Consulting, Banking, Accounting, Professional Services, Software, Data Analytics, Data Management, Eye, Deborah DeHaas, Senior, Risk management, Love, Investment, JW Marriott Panama, Small business, Chief, Community Reinvestment Act, Community, Axos Bank, Data collection, Wiz, Wolters Kluwer, MUFG Union Bank, JW Marriott Hotels, Small Business Administration, CT Corporation, Knowledge, Wolters, FCC, CRA, Financial services

The award recognizes a banking professional who excels in leveraging data to help foster transformative change in fair lending and community reinvestment compliance.

Key Points: 
  • The award recognizes a banking professional who excels in leveraging data to help foster transformative change in fair lending and community reinvestment compliance.
  • “Manuel uses creative ways to obtain and analyze information, pairing his knowledge and love for math with the Wiz tools to represent data in maps and reporting.
  • “On behalf of Wolters Kluwer, I am delighted to recognize Manuel’s dedication and contributions to data analytics through this award.”
    The Data Analytics Award is sponsored by Solomon Hess Capital Management , an investment management firm that provides investors with Community Reinvestment-eligible, Small Business Administration-focused investment opportunities.
  • Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks, credit unions, insurers and securities firms.

Wolters Kluwer launches Small Biz Wiz® for lending data collection requirements

Retrieved on: 
Monday, November 13, 2023
Consulting, Data Management, Banking, Accounting, Technology, Professional Services, Small Business, Data Analytics, Software, Fintech, Finance, Equal Credit Opportunity Act, Risk management, Consumer, Consumer Financial Protection Bureau, Collection, Exercise, Small business, Home Mortgage Disclosure Act, Data collection, Home, Community, Software as a service, Growth, HMDA, CT Corporation, CFPB, Wolters, FCC, CRA, Financial adviser, Wiz

Wolters Kluwer Compliance Solutions has launched Small Biz Wiz® , a system designed to support new requirements in the collection, reporting and analysis of small business lending data.

Key Points: 
  • Wolters Kluwer Compliance Solutions has launched Small Biz Wiz® , a system designed to support new requirements in the collection, reporting and analysis of small business lending data.
  • Small Biz Wiz is a significant addition to Wolters Kluwer’s suite of Wiz technology applications, providing financial institutions a powerful new analytics tool for their small business lending portfolio.
  • The solution is built on Wolters Kluwer’s award-winning CRA Wiz® SaaS and HMDA Wiz® platform, enabling an easy-to-use technology that integrates into a financial institution’s data collection processes.
  • Wolters Kluwer officials describe the data collection requirements as not just an exercise in gathering and reporting on their small business lending activities, but a key part of the 2010 Dodd-Frank Act focused on promoting fair lending practices.

Wolters Kluwer experts present webinar on preparing for upcoming Corporate Transparency Act rule

Retrieved on: 
Tuesday, November 7, 2023
Legal, Finance, Consulting, Banking, Small Business, Accounting, Professional Services, Fintech, Privacy Office of the U.S. Department of Homeland Security, Wolters Kluwer, FCC, EST, Financial Crimes Enforcement Network, CTA, CT Corporation, Risk management, BOI, CT, Wolters, UCC, Audit

Experts from Wolters Kluwer CT Corporation will offer insights in preparing for and complying with new “beneficial ownership” reporting requirements that go into effect January 1, 2024 in a webinar, “ Preparing for the Corporate Transparency Act .” The webinar takes place from 1-2 pm EST Wednesday, November 15.

Key Points: 
  • Experts from Wolters Kluwer CT Corporation will offer insights in preparing for and complying with new “beneficial ownership” reporting requirements that go into effect January 1, 2024 in a webinar, “ Preparing for the Corporate Transparency Act .” The webinar takes place from 1-2 pm EST Wednesday, November 15.
  • Wolters Kluwer presenters include CT Corporation’s Anirudh John , Product Management Associate Director, and Beverly Odom , Transactional Business Consultant.
  • For more than 130 years, Wolters Kluwer CT Corporation has been the leading provider of registered agent services, incorporation services, and legal entity compliance.
  • It is part of Wolters Kluwer’s Financial & Corporate Compliance (FCC) division and has a global reach into over 150 countries.