Wolters Kluwer Compliance Solutions triumphs with eight Golden Bridge Awards for product excellence
Cutting-edge technology, coupled with human compliance management expertise, lead to industry accolades
Wolters Kluwer Compliance Solutions has earned eight awards in the 2022 Golden Bridge Awards, including four Gold-level wins in product innovation categories for excellence in regulatory change management, compliance program management, lien and title management, and compliant bank document generation offerings.
A suite of banking compliance offerings, OneSumX® for Compliance Program Management, which facilitates financial services firms’ access to the latest regulatory compliance content, won top honors for “Best Governance, Risk & Compliance Innovation.” One of its cornerstone modules, OneSumX® for Regulatory Change Management, won Gold in the “Financial Services” category. This solution tracks regulatory changes and organizes them to create structured, value-added content through a single data feed that is paired with an easy-to-use software solution.
Compliance Solutions picked up two additional Gold-level wins in the “Information Technology Innovation” category, including for iLien, a portfolio of web-based lien management solutions that enable lenders to manage and address risks in their entire Uniform Commercial Code (UCC) lien portfolio with analytics, proactive reporting, and automation. The other win in this category, Expere Language Translation, is an AI-driven financial document translation system that leverages proprietary, curated, compliance dictionaries and linguistic and compliance experts to deliver highly accurate, scalable, and fast translation capabilities for financial institutions.
Winning Silver-level honors were OneSumX® ProViso, for “Compliance & Risk Management Innovation;” iLien Motor Vehicle, for “Cloud/SaaS-based Information Technology;” and iLienRED, for “Financial Services.”
“These industry accolades underscore and reinforce our longstanding commitment to helping financial services firms improve their operational workflows and loan lifecycle processes, while also enhancing their ability to navigate an environment of dynamic, ongoing regulatory change in a compliant manner,” said Steve Meirink, Executive Vice President and General Manager for Wolters Kluwer Compliance Solutions. “We are grateful for the positive impact these offerings are making, and we remain laser-focused on delivering expert solutions for clients that enhance their capabilities and enable them to better serve their downstream customers.”
The Compliance Solutions business garnered seven product innovation wins, along with the distinction of earning a 2022 Grand Globee award as among the Top 10 organizations—which include companies like IBM and Wipro—in the cumulative number of awards won among hundreds of organizations participating in this year’s program.
Now in its 14th year, the coveted Golden Bridge Awards program annually recognizes and honors the world’s best in organizational performance, products and services across a wide span of innovation segments and representing many of the world’s major industries.
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.