Wolters Kluwer today announced it has received a 2016 Innovation Award during NAFCU’s 49th Annual Conference and Solutions Expo for its CASH Suite™ solution.
The Innovation Award is the highest distinction a NAFCU Services Preferred Partner can receive and recognizes their commitment to bringing new, unique, and valued products to the credit union market. Wolters Kluwer and its CASH Suite solution are helping to improve the financial services industry by leveraging its resources to solve challenges specific to credit unions.
"Wolters Kluwer has long been a standard bearer in financial services," said Randy Salser, president of NAFCU Services. "This Innovation Award is further proof that an established company can continue to bring ground-breaking solutions to the market. The judges, prominent industry and trade media executives, have independently taken note of Wolters Kluwer’s ongoing innovative spirit."
“It’s a significant honor to be named a 2016 Innovation Award winner by NAFCU Services,” said Steve Meirink, executive vice president and general manager of Wolters Kluwer’s Governance, Risk & Compliance division’s Compliance Solutions business. “This recognition underscores Wolters Kluwer’s continued commitment to meeting the evolving needs of credit unions through our unique combination of industry knowledge, compliance expertise and technology.”
CASH Suite is a commercial lending software solution that helps credit unions and banks increase profits and grow top line revenue by achieving straight-through-processing across every step of the commercial loan lifecycle. The CASH Suite solution includes nine integrated financial analysis and credit risk management modules: Bridge, CRE, Doc, GlobalView, Insight, OnTrack, Opportunity, Profit and Reward. The modules help reduce the complexity of evaluating commercial loan applications by streamlining tasks, including business development, financial analysis, risk management and pricing, credit communications and approvals, covenant compliance tracking, portfolio management, stress testing and in depth reporting.
Visit the CASH Suite website for more information.
Wolters Kluwer Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer which provides legal, finance, risk and compliance professionals and small business owners with a broad spectrum of solutions, services and expertise needed to help manage myriad governance, risk and compliance needs in dynamic markets and regulatory environments. The division’s prominent brands include: AppOne®, AuthenticWeb™, Bankers Systems®, BizFilings®, Capital Changes, CASH Suite™, CT Corporation, CT Lien Solutions, Corsearch, GainsKeeper®, LegalVIEW®, OneSumX®, Passport®, TyMetrix® 360, Uniform Forms™, VMP® Mortgage Solutions and Wiz®.
Wolters Kluwer N.V. (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 2015 annual revenues of €4.2 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 19,000 people worldwide.
The Innovation Awards platform provides credit unions with a set of vetted and tested solutions that can improve bottom line, enhance member engagement, and establish competitive advantage. An Innovation Award is the highest distinction offered through the NAFCU Services Preferred Partner program. For over 40 years, NAFCU Services has been dedicated to finding, examining, and promoting the credit union industry’s very best solutions. For more information about NAFCU Services Corporation, visit www.nafcu.org/nafcuservices.