Wolters Kluwer Financial Services Announces Expere Integration with Black Knight Financial Services’ Empower Loan Origination System
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  • Wolters Kluwer Financial Services Announces Expere Integration with Black Knight Financial Services’ Empower Loan Origination System

    Oct. 19, 2015

    Integration Simplifies Lenders’ Compliance Processes to Better Address Changing Regulatory Requirements and Allows Customizable Loan Documents that Match Origination Workflows

    Wolters Kluwer Financial Services announced today it plans to make its Expere® integrated document solution available with Empower®, Black Knight Financial Services’ (Black Knight) loan origination system, early next year. The integration will deliver Wolters Kluwer Financial Services’ compliant residential lending content from Expere to Empower to enable lenders to quickly implement their own loan documents to match their origination workflows.

    The Expere integration with Empower, will be available for both Empower’s ASP and lender hosted offerings, will help lenders address the critical challenge of staying compliant with continually evolving regulations across their residential loan portfolios. Expere’s dynamic content library is maintained and warranted by Wolters Kluwer Financial Services to help lenders generate accurate and compliant loan documents. Additionally, the integration will allow lenders to transfer data securely between both systems and customize documents to their origination workflows. 

    “Black Knight and Wolters Kluwer Financial Services have enjoyed a close, long-term relationship in support of our many mutual clients, and this integration further enhances our joint capabilities,” said Jerry Halbrook, president of Black Knight’s Origination Technologies division. “Lenders will be able to make document changes as they are released and put them into production immediately.”

    The integration will eliminate vendor change requests that are often required when capturing new document data. Now, lenders will be able to dynamically update documents through simple click-to-configure functionality, leveraging Black Knight’s data mapping tree tool. Once the documents are configured to a lender’s origination workflow, they will seamlessly integrate with Empower.  

    “Lenders are under significant pressure to maintain compliance with today’s fast moving regulatory environment,” said Art Tyszka, senior director and general manager, Residential Lending at Wolters Kluwer Financial Services. “Our collaboration with Black Knight will tackle this problem by offering a seamless loan origination package to help lenders quickly respond to new regulations.”

    Wolters Kluwer Financial Services' compliance experts monitor and track legal and regulatory changes in all 51 U.S. jurisdictions. They also have working relationships with federal regulators, such as the Consumer Financial Protection Bureau (CFPB) to stay informed of pending regulatory changes. Expere’s dynamic content library is the culmination of 60 years of experience monitoring the U.S. regulatory landscape.

    To learn more about Expere and the collaboration with Black Knight Financial Services, please visit Wolters Kluwer Financial Services’ booth #617 at MBA’s Annual Convention & Expo, Oct. 18-21, 2015, in San Diego. Additionally, more information on Expere is available here

    About Wolters Kluwer Financial Services

    Wolters Kluwer Financial Services provides 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®, AuthenticWeb™, Bankers Systems®, Capital Changes, CASH Suite™, GainsKeeper®, NILS®, OneSumX®, TeamMate®, Uniform Forms™, VMP® Mortgage Solutions and Wiz®. Wolters Kluwer Financial Services is part of Wolters Kluwer, which had 2014 annual revenues of €3.7 billion ($4.9 billion), employs 19,000 employees worldwide, and maintains operations in over 170 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.