Articles from Wolters Kluwer

Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that it has been named as a Leader in the 2025 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions | Wolters Kluwer for its CCH® Tagetik Intelligent Platform.

Wolters Kluwer Compliance Solutions has released its latest Regulatory Violations Intelligence Index, analyzing regulatory enforcement activity in the U.S. financial services sector from the second half of 2024. The findings reveal a significant strategic shift in enforcement approach just prior to the current administration's deregulatory agenda, with agencies pursuing fewer but substantially higher-value enforcement actions.

Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that its CCH Tagetik® expert solution has retained its leadership position for the eighth consecutive year in the prestigious BARC Score Financial Performance Management (FPM) report.

Researchers from the Massachusetts Institute of Technology Center for Information Systems Research (MIT CISR) have published “Wolters Kluwer’s Expert Solutions Journey,” a paper that explores through the lens of one of its five divisions the company’s transformation—primarily via its concerted use of data, analytics and artificial intelligence technologies—to evolve from its longstanding role as publisher of professional journals into a global, expert solutions provider. The paper cites the instrumental role that Wolters Kluwer CEO and Chair of the Executive Board Nancy McKinstry has played in championing the company’s digital transformation through the implementation of an expert solutions strategy, which today accounts for 59 percent of total revenues.

Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that its CCH Tagetik® expert solution has a leading position in The Financial Consolidation & Group Accounting Survey 25 from BARC, one of Europe’s leading analyst firms for business software.

Wolters Kluwer today announced the launch of LegalVIEW DynamicInsights, a new interactive legal rate solution. Corporate legal departments and law firms can now benchmark law firm rate trends, build data-driven budgets, and support strategic firm management with unrivaled transparency. The solution is powered by Wolters Kluwer’s LegalVIEW database, which now includes more than $200 billion in anonymous data from actual billed legal invoices.

Jason Keller, Director, Market Strategy, Compliance Analytics for Wolters Kluwer Financial & Corporate Compliance (FCC), will participate in a panel discussion, "Benchmarking CRA Performance: Setting the Standard for Excellence," as bankers navigate evolving Community Reinvestment Act compliance standards on Tuesday, March 18 at the Consumer Bankers Association’s CBA LIVE national conference in Orlando, Fla.

Wolters Kluwer Health is integrating its UpToDate solution with the healthcare agent service in Microsoft Copilot Studio. This integration aims to explore and validate the use of GenAI to provide clinicians with relevant and patient-specific evidence-based content from UpToDate® at the point of care. The Microsoft healthcare agent service is designed to empower healthcare technology developers to build and deploy generative AI-based healthcare agents.

Wolters Kluwer has introduced powerful new functionality that allows businesses to electronically file Form 5330 with the Internal Revenue Service (IRS) directly from employee benefit and pension software ftwilliam.com. Users are now able to efficiently prepare, submit, and track their Form 5330 filings through a familiar and easy-to-use interface.

Wolters Kluwer Health and Suki® are partnering to streamline administrative tasks for clinicians by making UpToDate®, a market-leading clinical decision support (CDS) solution, accessible from within Suki Assistant.

Wolters Kluwer, a global leader in professional information, software solutions and services, today announces Jim Pelletier, CIA, CGAP, Lead Product Manager for Wolters Kluwer TeamMate, will present an expert panel at the upcoming 2025 IIA Great Audit Minds (GAM) conference on March 11, 2025.

Wolters Kluwer Health will be at HIMSS 25 showcasing UpToDate Enterprise Edition which is helping empower healthcare organizations and clinicians to deliver consistent, high-quality care. Visit booth #5432 and learn about the solution directly from our customers. Visitors can try the now available UpToDate Enterprise Edition’s AI-Enhanced Search hands-on and see natural language queries answered with highly-focused verbatim passages direct from UpToDate, a valuable time-saver for busy clinicians.

Wolters Kluwer today announced the launch of new GenAI-enabled summarization functionality for LegalCollaborator. Additionally, corporate legal departments can now leverage reverse auction capabilities to drive more competitive law firm bids.

Wolters Kluwer has published the February 2025 edition of its Blue Chip Economic Indicators survey, which finds only 10% of the panel’s 47 leading economists anticipating a rate cut at the Fed’s March meeting. Additionally, a majority of panelists (80%) believe that the expected increase in tariffs will provide a significant boost to U.S. inflation.

Wolters Kluwer’s ELM Solutions business has been recognized as Business-to-Business Company of the Year by the 14th annual Best in Biz Awards. The program’s independent panel of prestigious business journalists also celebrated ELM Solutions’ innovative AI solutions and powerful approach to engaging customers.

Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that its CCH® Tagetik expert solution has been named as a winner in five categories in the 2024 Application Innovation Awards from Dresner Advisory Services.

Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that its CCH® Tagetik expert solution has been recognized as a Leader, for the fifth consecutive year, in the Nucleus Research CPM Technology Value Matrix.

Wolters Kluwer, a global leader in professional information, software solutions and services, today announced the launch of a new report Paving the Way to Integrated Assurance: A Proactive Approach.” This report outlines the critical role integrated assurance plays in risk management and organizational success in today's complex business environment.

Wolters Kluwer Health has two UpToDate® solutions ranked #1 in the 2025 Best in KLAS – Software and Services report released today. KLAS Research, which specializes in monitoring and reporting the performance of healthcare vendors, rated UpToDate Patient-Driven Care Management and Patient Education as top performing solutions that enable patients to help manage and participate in their own care.

Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that CCH Tagetik ESG & Sustainability for CSRD solution has been named as a winner in the 2025 SEAL Business Sustainability Awards.

Adoption of digitized contracting and documentation workflows by auto retailers and their lending partners that foster back-office efficiencies saw a noticeable jump, according to analysis by Wolters Kluwer Compliance Solutions from its Q4 Auto Finance Digital Transformation Index. While Q4 adoption compared to Q3 was down slightly (-2%), the year-over-year trend comparing 2024 Q4 with 2023 Q4 was up 32%. Further, the four-year trend continues to show digital adoption growth of 106% dating from Q4 2020.

Wolters Kluwer regulatory compliance experts provide insights on regulatory compliance and risk management issues facing U.S. banks based on its recent survey in an on-demand webinar, Wolters Kluwer Indicator Risk Survey Findings, now available online.

Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that its Enablon ESG Excellence solution has been named as a winner in the Best Software-as-a-Service – USA (Enterprise) category in the 2024/25 Cloud Awards.

Wolters Kluwer Compliance Solutions has launched iLien Borrower Analytics, an AI-powered offering that helps lenders streamline the associated processes of lien search and due diligence when onboarding borrowers. The solution analyzes UCC (Uniform Commercial Code) search documents and delivers actionable intelligence reports in a timely, compliant manner, representing the latest innovation in Wolters Kluwer’s portfolio of award-winning, automated lending solutions.

Wolters Kluwer, a global leader in professional information, software solutions, and services, has announced that it has been named as a Leader in the Verdantix Green Quadrant: EHS Software 2025 report. The report provides a detailed fact-based comparison of the 21 most prominent environment, health and safety (EHS) platform solutions in the market.

While virtually half of respondents continue to express high levels of concern over key risk management and regulatory compliance obligations in the U.S. banking industry, those concerns are lower than in previous years, according to results of the 2024 Regulatory & Risk Management Indicator survey conducted by Wolters Kluwer. The 2024 Indicator Main Score fell from an index level of 119 in the 2023 survey to 99 this year. The 20-point difference more closely reflects 2022 levels and was driven largely by the fact there were fewer major banking regulations introduced compared to 2023, and respondents expressing increased confidence in their ability to manage regulatory challenges.

Wolters Kluwer, a global leader in professional information, software solutions, and services, has announced two significant enhancements to its TeamMate+ audit management platform: Multi-Year Audit Planning and the Business Rules Engine. The new capabilities will enable internal audit teams to streamline planning, improve data accuracy, and enhance governance.

Just weeks before a year-end reporting deadline, a majority of survey respondents indicated they are either waiting until closer to year’s end (37%) or are not sure of the need to file their beneficial ownership information (BOI) reports (32%), according to a Nov. 12 webinar poll of 4,427 U.S. businesses conducted by Wolters Kluwer CT Corporation. Another 12% cited “insufficient resources” for not having yet filed and 9% believe that the BOI requirements “don’t apply to my business.”

Wolters Kluwer has published the November 2024 edition of its Blue Chip Economic Indicators survey, which finds the panel’s 47 leading economists forecasting a newly uncertain course for future Fed rate cuts. This is largely driven by the Republicans’ surprising sweep of the U.S. election, with 79% of economists in agreement that the government deficit will be higher under a Trump Administration than a Harris Administration.

Wolters Kluwer Compliance Solutions has named Mike Fee, Compliance Analytics Manager at Ohio-based Park National Bank, as the 2024 honoree of its Alfredo deHaas Excellence in Data Analytics Award. Announced at the company’s 28th annual CRA & Fair Lending Colloquium in Championsgate, Fla., the award recognizes a banking professional who excels in leveraging data to help foster transformative change in fair lending and community reinvestment compliance.

Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that Karen Abramson, CEO of Wolters Kluwer Corporate Performance & ESG (CP & ESG) division, has been named as a Silver Winner in both the 2024 Stevie® Awards for Women in Business and the 2024 Globee® Awards for Women in Business.

Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that it has been named as a Leader in the Gartner Magic Quadrant for Financial Planning Software. Through its CCH Tagetik Intelligent Platform, Wolters Kluwer provides a predictive planning solution with AI based driver analysis that empowers finance leaders with data-driven insights for improved planning agility, accuracy, and transparency.

Wolters Kluwer Health and the Australian College of Mental Health Nurses (ACMHN) today announced a new editorial relationship, that will provide additional resources for clinicians who care for patients with mental health conditions. An estimated one in five Australians aged 16-85 will experience mental health concerns, according to the Australian Bureau of Statistics. The collaboration aims to equip the Australian healthcare and nursing communities with a new set of the most current, evidence-based procedures to help improve patient outcomes in this growing population.

Wolters Kluwer Compliance Solutions has named Massachusetts-based Eastern Bank as the winner of its 2024 Community Impact Award. The announcement was made at the company's 28th annual CRA & Fair Lending Colloquium held Nov. 17-20 at the Omni Orlando Resort at Championsgate, Fla. Award winners demonstrate the creativity, impact, and economic sustainability of their community reinvestment programs.

Wolters Kluwer, a global leader in information, software, and services for professionals, is set to convene banking professionals and leaders at its annual Wolters Kluwer Finance, Risk and Regulatory Reporting (FRR) Client Conference in Amsterdam on 13 – 14 November 2024.

Wolters Kluwer Health and the National Health System of Spain have renewed their collaboration to promote reduced variability of care in the healthcare system through system wide availability of UpToDate. The online and mobile app helps healthcare professionals make the most appropriate decision for the patient when faced with a clinical question or a medication consultation.

Wolters Kluwer, a global leader in information, software, and services for professionals, has collaborated with The Institute of Internal Auditors’ (The IIA) Internal Audit Foundation on a research report: Harnessing Generative AI for Internal Audit Activities. The report explores the use, implementation and governance of GenAI within organizations and internal audit functions. Notably, half of internal audit leaders surveyed confirmed that their organizations were either fully or partially implementing GenAI; however, only 17% reported having introduced an organization-wide policy governing the use of GenAI.

Wolters Kluwer Tax & Accounting (TAA) is pleased to announce the successful conclusion of its 20th annual CCH Connections: User Conference, hosted at the iconic Fontainebleau in Las Vegas from October 20-23. This landmark event set a new attendance record, drawing over 1,400 tax, accounting, and auditing professionals who came together to learn, connect, and prepare for future opportunities. The event featured hands-on demonstrations of cutting-edge AI technology that is accelerating a transformation across the entire tax and accounting industry.

Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that its CCH® Tagetik expert solution has achieved the top position in the Dresner Advisory Services 2024 Wisdom of Crowds® Financial Consolidation, Close Management and Financial Reporting (FCCR) Market Study. The Dresner 2024 Wisdom of Crowds® FCCR Market Study examines current usage, priorities, and objectives and includes a new analysis of why organizations implement FCCR software. Wisdom of Crowds® research is based on data collected on usage and deployment trends, products, and vendors. Users in all roles and industries contributed to provide a complete view of realities, plans, and perceptions of the market.

Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that the AI-powered CCH Tagetik Intelligent Platform has been named the Gold Winner in the Financial Management Solution category of the 2024 Globee Awards for Business (International).

Adoption of digitized contracting and documentation workflows by auto retailers and their lending partners that foster back-office efficiencies continues its upward trend, according to analysis by Wolters Kluwer Compliance Solutions from its Q3 Auto Finance Digital Transformation Index. While Q3 adoption compared to Q2 was mostly unchanged at less than .5% due to the decreased sales activity, the year-over-year trend comparing Q3 2024 with Q3 2023 was up 28%. Further, the four-year trend continues to show digital adoption growth of 131% dating from Q3 2020.

Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that its Finance, Risk, and Regulatory Reporting (FRR) business has secured category leader position in all six quadrants of the Chartis ALM (Asset Liability Management) Solutions 2024 Market Quadrants report

Wolters Kluwer, a global leader in professional information, software solutions, and services, has released the results of its global 2024 Future Ready Lawyer Survey, the preeminent source of insights from 700 lawyers in law firms and corporate legal departments across the U.S. and nine European countries.

Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that its Wolters Kluwer EHS & ESG business has been named as the Rising Star of the Year at the prestigious Asian Downstream Summit Awards.

Wolters Kluwer announced the winners of its annual Legal Innovator Awards during the company’s Amplify 2024 user conference in Coronado, California. The information and software solutions company honored clients DHL and The Cincinnati Insurance Companies for embodying an innovative approach to legal services that delivers true impact to their organizations.

With a year-end reporting deadline drawing near, Wolters Kluwer CT Corporation will offer expert guidance to impacted businesses for filing beneficial ownership information (BOI) reports in a webinar, “Preparing for the Corporate Transparency Act deadline,” 1-2 p.m. ET Tuesday, November 12.

Wolters Kluwer Tax and Accounting (TAA) announced a series of transformative enhancements to its comprehensive cloud solution, CCH Axcess™, designed to streamline workflows across return preparation, firm management, and audit. Additionally, they have expanded vendor participation in the CCH® Marketplace, further committing to open integration in support of growth.

Wolters Kluwer’s innovative team of technologists and legal specialists invites customers to join them in Coronado, California to celebrate Amplify 2024. The tenth anniversary of the award-winning user conference will be marked by opportunities to engage in solution training sessions, gain valuable insights from esteemed experts during panel sessions, and forge meaningful connections with industry leaders.

Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that its Enablon ESG Excellence solution has been named as the leading Software as a Service solution by the Business Intelligence Group (BIG) in the 2024 Stratus Awards for Cloud Computing.

With an end-of-year deadline looming for the Beneficial Ownership Information (BOI) reporting rule as part of the Corporate Transparency Act (CTA), a range of startup businesses seek greater clarity on eligibility and compliance requirements.

Wolters Kluwer Health is marking the first year of AI Labs for UpToDate® with the delivery of new AI capabilities designed to support smarter clinical decision making. AI Labs is an experimental resource that puts health system customers at the center of innovation, aiding with testing and feedback on new and prototype AI-enabled clinical decision support technologies. UpToDate Enterprise Edition customers will now have access to AI-powered search capabilities, developed in AI Labs, unleashing even faster answers to clinical questions for providers. AI Labs is now testing new features that leverage generative AI (GenAI) including enhanced drug queries and smart guided questions with prompts powered by UpToDate expert content.

Wolters Kluwer Health continues to transform healthcare delivery with a more robust AI-powered UpToDate® Enterprise Edition solution, built to help providers make more tailored patient care decisions and healthcare leaders to improve care with data-driven insights. Demonstrations will be in booth #3219 at HLTH 2024, held October 21-23 in Las Vegas.

Wolters Kluwer Tax & Accounting (TAA), a global leader in professional information, software solutions, and services, today announced it will host its second-annual AI Tech Showcase: The Future of Firm Intelligence for 1,400 tax, accounting, and audit professionals as they gather for Wolters Kluwer’s 20th annual CCH Connections: User Conference.

Wolters Kluwer, a global leader in professional information, software solutions, has achieved a global top ten ranking from Chartis Research in the prestigious Chartis RiskTech100 2025 report. Ranked tenth overall, Wolters Kluwer also received Category Awards for Liquidity Risk and, for the third consecutive year, Regulatory Intelligence.

Wolters Kluwer Tax & Accounting (TAA) kicks off its 20th annual CCH Connections: User Conference next week in Las Vegas, Nevada. More than 1,400 tax, accounting, and audit professionals are set to collaborate, network with industry peers, learn how to leverage Wolters Kluwer technologies, including Artificial Intelligence, to their fullest potential and gain new insights on key trends impacting the profession. The event is scheduled to be held October 20 – 23, 2024 at the Fontainebleau Las Vegas.

Clinical and health technology experts from Wolters Kluwer Health are heading to HLTH 2024 from October 20-23 to share how emerging applications like artificial intelligence (AI) and enterprise data analytics are reimagining clinical workflows today and into the future. At booths #3219, and #4108 in the AI @ HLTH Pavilion, the company will offer live demonstrations showcasing how it helps healthcare organizations navigate trends in consumer behavior, innovation, and workforce dynamics to deliver the best care everywhere.

Wolters Kluwer Health and Abridge are partnering to generate more informed documentation by making UpToDate®, a market-leading clinical decision support (CDS) solution, accessible within the Abridge AI-powered clinical documentation platform.

Wolters Kluwer, a global leader in information, software, and services for professionals, today published a new research report: AI in Finance, from Skepticism to Optimism. The report explores adoption and sentiment related to AI in corporate finance functions. Notably, more than two thirds of finance professionals surveyed confirmed that they were in the exploratory stage of implementing an AI initiative within their finance function; and 60% of respondents who had already deployed an AI-related Finance project characterized the deployment as successful.

Wolters Kluwer, a global leader in professional information, software solutions and services, announced the expansion of its cloud infrastructure with the launch of a new TeamCloud Hosting Data Center in the United Arab Emirates (UAE). This strategic addition is designed to support the growing number of clients in the Middle East through the provision of enhanced data sovereignty, compliance, and performance.

Wolters Kluwer Health today announced that vSim® for Nursing, a leader in virtual simulation for nursing education, celebrates its tenth anniversary of transforming the nursing education landscape. More than a decade ago, leaders from Wolters Kluwer, Laerdal Medical and the National League for Nursing came together, as they recognized they could help transform nursing education by empowering educators to deliver clinically based experiences to nursing students. This approach addressed the lack of clinical sites, one of the biggest barriers to increasing the number of new nurses in the workforce. Over two million students have progressed on their nursing journeys with vSim for Nursing.

New data from Wolters Kluwer’s LegalVIEW Insights report series suggests that early 2024 law firm rates charted a volatile and inconsistent trajectory. The findings depict an industry still grappling with the impact of the strong, consistent rate increases that faced many corporate legal departments in 2023.

Wolters Kluwer Tax and Accounting (TAA) today announced the expansion of its long-standing relationship with CalCPA to offer CCH Axcess™ Beneficial Ownership to California-based accounting professionals seeking to assist their clients in complying with the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA).

Wolters Kluwer has earned an International Business Award for its work in helping businesses comply with new, beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA). Wolters Kluwer won in the Business Technology Solution achievement category for its Beneficial Ownership Platform, which it launched January 1, 2024 in conjunction with the rule’s effective date.

Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that Richard Pulliam has been named Senior Vice President and General Manager of Wolters Kluwer Corporate Performance & ESG (CP & ESG) division’s EHS & ESG unit (formerly named EHS/ORM), known for its product, Enablon.

Wolters Kluwer today announced the launch of innovative generative AI (GenAI) functionality for VitalLaw, the company’s intuitive legal research platform. VitalLaw® AI combines the power of innovation with Wolters Kluwer’s in-depth expertise across 25 practice areas including tax, securities, privacy, and labor and employment to provide even better outcomes for clients.

Wolters Kluwer Compliance Solutions’ latest Regulatory Violations Intelligence Index shows notable increases in the total number of violations cited by agencies during the first half of 2024 compared to 2023 second half results in two of three major category it tracks—Consumer Protection and Financial Offenses—while dramatically falling off in the Competition-related offenses category. Collectively, penalty amounts declined significantly.

Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that its Finance, Risk and Regulatory Reporting (FRR) business has been recognized as a category leader by Chartis in its prestigious RiskTech Regulatory Reporting Solutions 2024 Quadrant.

Wolters Kluwer, a global leader in information, software, and services for professionals, today announced that OneSumX for Asset Liability Management (ALM), a solution offered by its Finance, Risk and Regulatory Reporting (FRR) business, has been recognized by The Global BankTech Awards 2024 as the Best ALM Solution by a Vendor.

Wolters Kluwer has published the September 2024 issue of its Blue Chip Economic Indicators survey, which finds all of the panel’s 37 leading economists anticipating a Fed rate cut this week. The Blue Chip consensus also places a 31% probability that the U.S. will enter a recession in the next 12-months – up just slightly from 29% in June.

Wolters Kluwer Tax & Accounting (TAA) has unveiled its projected inflation-adjusted amounts for the tax year 2025, in a new report. This major update includes anticipated changes in tax brackets, the standard deduction, alternative minimum tax amounts, and other key factors.

Wolters Kluwer Tax & Accounting (TAA) recently released a comprehensive Tax Briefing on the proposed tax policies of the major presidential candidates, Vice President Kamala Harris and former President Donald Trump. The analysis aims to clearly distinguish their tax priorities and propose how their policies could potentially affect individual taxpayers, businesses, and the wider economy.

Wolters Kluwer Tax & Accounting (TAA), a global leader in professional information, software solutions, and services, today unveiled a robust expansion of CCH Axcess™ Audit, the latest in cloud accounting and auditing tools. The latest version of the CCH Axcess Audit suite seamlessly integrates with other key CCH Axcess modules for faster, more precise engagements across firms of all sizes.

Wolters Kluwer has developed a series of informative podcasts under its BizFilings brand to promote a greater understanding among owners of small business entities that are subject to the Corporate Transparency Act’s (CTA) beneficial ownership information (BOI) reporting rule. The podcasts tackle some of the more complex data collection and filing requirements of BOI reporting to help foster greater clarity and compliance.

Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that its Enablon ESG Excellence solution has been named 2024 Sustainability Service of the Year by Business Intelligence Group (BIG) in its 2024 Sustainability Awards.

Experts from Wolters Kluwer CT Corporation will offer guidance on end-of-year compliance issues facing U.S. businesses in a webinar, “Year-end Compliance—Corporate Transparency Act and More,” on Tuesday, September 10, from 1-1:45 pm EDT.