ICBA and Wolters Kluwer Financial Services Mark 10th Year of Preferred Service Provider Relationship

WASHINGTON, Sept. 17 -- The Independent Community Bankers of America issued the following news release:

The Independent Community Bankers of America (ICBA) today announced the 10th anniversary of its relationship with Wolters Kluwer Financial Services, a leading provider of risk management, compliance, finance and audit services for community banks.

As an ICBA Preferred Service Provider (PSP), Wolters Kluwer Financial Services helps member community banks stay in compliance with legislative and regulatory requirements. The company offers the ComplianceOne loan and deposit origination and workflow solution as well as compliance documents and services. ComplianceOne helps community banks manage their business objectives while effectively addressing their compliance obligations, including the upcoming TILA-RESPA integrated disclosure rule changes. Wolters Kluwer Financial Services helps more than 3,000 ICBA member banks stay in compliance while streamlining their lending and deposit processes. In addition, the company provides more than 6,000 U.S. financial institutions with loan origination and deposit software solutions.

Along with ComplianceOne, ICBA members utilize many of the company's other products and services, including consumer disclosure management, flood determinations, privacy documentation and mortgage documentation.

"ICBA is pleased to commemorate the long-term relationship with Wolters Kluwer Financial Services," said Dan Clancy, ICBA executive vice president of services. "The solutions and expertise that the company offers to community banks helps ensure that they are well-equipped to meet the challenges of complex regulatory requirements."

"Both Wolters Kluwer Financial Services and ICBA are committed to meeting the evolving needs of community bankers," said Jeffrey Short, vice president, Wolters Kluwer Financial Services. "As a result of this continued relationship, and the solutions and services we can provide, community bankers can take a more consistent, effective and efficient approach to navigating regulatory changes, such as TILA-RESPA."

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services provides more than 15,000 customers worldwide with risk management, compliance, finance and audit solutions that help them successfully navigate regulatory complexity, optimize risk and financial performance, and manage data to support critical decisions. With more than 30 offices in 20 countries, our prominent brands include: AppOne, ARC Logics, AuthenticWeb, Bankers Systems, Capital Changes, CASH Suite, FRSGlobal, FinArch, GainsKeeper, NILS, TeamMate, Uniform Forms, VMP Mortgage Solutions and Wiz. Wolters Kluwer Financial Services is part of Wolters Kluwer, which had 2013 annual revenues of Euros3.6 billion ($4.7 billion), employs 19,000 employees worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

[Category: Banking]

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