10:22 AM
Connect Directly

Wolters Kluwer Launches Monitoring Tool for Loan Portfolios

Wolters Kluwer Financial Services rolled out a stand-alone manager tool that monitors loan portfolios in real-time.

Minneapolis-based Wolters Kluwer Financial Services has launched a new solution for its ComplianceOne suite of products that monitors loan portfolios in real-time without any additional software, on the web-based software ComplianceOne or any other loan origination solutions, the company said.

Using business performance management for the lending processes is an opportunity for banks and credit unions to be more efficient and profitable, said Lisa Fraga, vice president and general manager of banking solutions for Wolters.

“We created ComplianceOne manager as a flexible, scalable solution that can help them take advantage of that opportunity in ways that make sense for theor open specific lending businesses,” she added.

Other features of the product include the ability to oversee process, identify performance uses and operation risk, which allows the used to take action before any problems develop, according to the company. It also allows the user to check if policies and procedures and being followed.

ComplianceOne is currently used by 1,600 banks and credit unions.

Zarna Patel is a staff writer for InformationWeek's Financial Services brands, which include Bank Systems & Technology, Insurance & Technology and Wall Street & Technology. She received her B.A. in English and journalism from Rutgers University College of Arts and Sciences in ... View Full Bio

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology Oct. 14, 2014
Bank Systems & Technology's new Must Reads is a compendium of our best recent coverage of customer analytics. Learn what big data means for banks, meet Wells Fargo CDO Charles Thomas, find out how to connect with your Gen Y customers, and more.
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.