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Wolters Kluwer Completes ClosingCenter Integration With ICE Mortgage Technology

Integration to deliver new capabilities to simplify and accelerate digital lending process

Wolters Kluwer Compliance Solutions has completed its latest ClosingCenter integration. The latest integration is with ICE Mortgage TechnologyTM, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure. The integration leverages the ICE Mortgage Technology Platform and the MERS® (Mortgage Electronic Registration System) eRegistry with Wolters Kluwer’s ClosingCenter to provide a compliant digital lending workflow, from origination to closing to secondary market delivery.

With this integration, Encompass loan information from the ICE Mortgage Technology platform is delivered to the ClosingCenter platform, providing a compliant and secure workflow. This results in a digital lending experience that can be extended and customized to meet ever-evolving business requirements.

ClosingCenter, part of Wolters Kluwer’s eOriginal suite of products, provides a complete digital close-to-capital-markets solution. ClosingCenter includes eSignature, eNote generation, electronic vaulting and integration with the MERS eRegistry. This is the centralized system of record identifying the controller (holder) and location (custodian) for the authoritative copy of a registered eNote. Built on a scaled digital ecosystem, ClosingCenter allows originators to quickly realize increased capital velocity from swift digital loan delivery to counterparties including Fannie Mae, Ginnie Mae and leading bank investors.

“ClosingCenter’s integration with Encompass provides customers with a value-rich solution that delivers close-to-capital-markets capabilities. This integration offers turnkey access to the industry’s ecosystem of secondary market partners, enabling frictionless transfer and sale of digital mortgages in the secondary market,” said Steven Meirink, Executive Vice President and General Manager, Wolters Kluwer Compliance Solutions. “Our team of experts enable lenders to quickly realize the full benefits of digital closings and help meet the accelerating market demand for fully digital, compliant mortgage transactions.”

ICE Mortgage Technology combines technology, data and expertise to automate the entire mortgage process from consumer engagement through loan registration and every step and task in between. ICE Mortgage Technology is the leading cloud-based loan origination platform provider for the mortgage industry with solutions that enable lenders to originate more loans, lower origination costs, and reduce the time to close, all while ensuring the highest levels of compliance, quality, and efficiency.

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 19,200 people worldwide.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2020, as filed with the SEC on February 4, 2021.

Visit icemortgagetechnology.com or call (877) 355-4362 to learn more.

Contacts

Paul Lyon

Global Corporate Communications Director

Governance, Risk & Compliance Division

Wolters Kluwer

Office +44 20 3197 6586

Paul.Lyon@wolterskluwer.com

David Feider

Corporate Communications Manager, Banking & Regulatory Compliance

Governance, Risk & Compliance Division

Wolters Kluwer

Tel: +1 612-852-7966

David.Feider@wolterskluwer.com

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