Distinction marks excellence in product innovation and performance

Wolters Kluwer Lien Solutions has won five 2021 Golden Bridge Awards for product excellence, including two Gold-level wins in the “Best Information Technology Cloud/SaaS” category for its iLien Motor Vehicle offering as well as its Lien Insights Report solution. Portfolio Risk Assessment earned silver for “Best Financial Services Offering” and the business earned two Bronze-level awards, one for iLien for Lien Management as “Best Risk Management Solution Innovation” and a “Best Financial Services” distinction for its Portfolio Sync solution.

In addition, Wolters Kluwer was honored as a “2021 Grand Globee” winner in the Golden Bridge Awards based on the total number of awards won by companies that submitted entries.

As a cloud-based SaaS offering, iLien Motor Vehicle delivers a single solution for processing and managing motor vehicle titles. The offering helps solve the most complicated and unique challenges in title perfection. The Lien Insights Report solution generates custom, detailed data on a lender’s estimated lien position for each of its debtors, and insights into lien activity against each debtor.

Portfolio Risk Assessment provides lenders an essential, critical view into their current portfolio loan health—with the added upside of exploring solutions that address those pain points. iLien for Lien Management is a portfolio of web-based solutions that enable lenders to manage and address risks in their entire Uniform Commercial Code (UCC) lien portfolio with analytics, proactive reporting, and automation.

Finally, Portfolio Sync is a first-of-its-kind UCC lien management product that combines all of a lender’s existing liens into one view, no matter how or where they were filed. It provides greater visibility into the entire lending portfolio, so issues that could effect a lender’s secured interests can be identified and managed across all liens from one dashboard.

“Each of these winning solutions addresses specific pain points of lenders, providing crucial insights into their loan portfolio and helping them deliver a better user experience to their end customers,” said Suzanne Konstance, Vice President, Product Management and Marketing for Wolters Kluwer Lien Solutions. “From helping lenders navigate vehicle titling challenges to promoting sound, effective UCC lien management practices, these offerings are helping lenders strengthen their operational capabilities and optimize their ability to manage ongoing, inherent risks to their loan portfolios.”

Now in its 13^th year, the Golden Bridge Awards honor achievements in business and innovations worldwide. Entries are adjudicated by more than 85 judges from around the world representing a wide spectrum of industry experts participating in the judging process.

Wolters Kluwer Lien Solutions, part of Wolters Kluwer’s Governance, Risk & Compliance (GRC) division, provides comprehensive lien management, debtor due diligence, monitoring, and risk management solutions to financial professionals—including a comprehensive set of APIs that lenders can use to automate their workflows. Its iLien suite of products provides solutions for asset-backed loan, real-estate and vehicle title processing and management to help reduce complexity in lien lifecycle management and promote more confident lending decisions.

Wolters Kluwer’s GRC division provides an array of expert solutions to help financial institutions manage regulatory and risk obligations. Wolters Kluwer Compliance Solutions’ eOriginal® suite of purpose-built, digital lending solutions, for example, helps lenders digitize their transactions and features electronic signatures, collateral authentication and an electronic vault. Wolters Kluwer Lien Solutions’ iLien for Main Street helps lenders optimize their due diligence and lien management efforts when securing loans for small and medium-sized businesses under the Main Street Lending Program. Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR), meanwhile, is a global market leader in the provision of integrated regulatory compliance and reporting solutions.

About Wolters Kluwer Governance, Risk & Compliance

Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help 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 2020 annual revenues of €4.6 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 approximately 19,200 people worldwide.

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