Oct. 16, 2019 — Wolters Kluwer’s Lien Solutions has earned two 2019 Golden Bridge Awards for superior product innovations developed for the benefit of its clients in the financial services industry. Lien Solutions was honored with a 2019 Golden Bridge Gold Award for its Portfolio Sync solution and a Bronze Award for its iLien Motor Vehicle solution.
The coveted annual Golden Bridge Awards program encompasses the world’s best in organizational performance, innovations, products and services, and customer programs from every major industry in the world. Lien Solutions was awarded its two 2019 Golden Bridge Awards based on its innovation in the following categories:
Best IT Software, Portfolio Sync (Gold): This first-of-its-kind lien automated management solution was designed for Lien Solutions’ clients who utilize multiple methods to submit Uniform Commercial Code (UCC) filings. Portfolio Sync combines these clients’ existing iLien filings with public records data into one consolidated view. This capability provides greater visibility into a lender’s lending portfolio and identifies potential “gaps” or issues that may require remedial action in order to maintain and protect a lender’s security interests.
Best IT Software Innovation, iLien Motor Vehicle (Bronze): iLien Motor Vehicle delivers a single point of management for processing and managing motor vehicle titles. It helps automate, streamline and connect lenders’ organizational workflows, improving the vehicle titling process and the ongoing management of vehicle titles. The solution saves time and significantly reduces the likelihood of costly vehicle title rejections. Supported by Lien Solutions’ extensive experience in commercial lending, the solution brings major benefits to those operating in the motor vehicle lien market.
“It’s no secret that for a business to achieve continued success, it must continuously look for innovative solutions that introduce new products and enhancements to the market in which it serves,” says Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions, which has garnered a record number of 11 industry awards in 2019. “The development of our Portfolio Sync and iLien Motor Vehicle solutions perfectly embodies the spirit of creative invention that everyone at Lien Solutions has. That spirit of our team is what leads to these industry recognitions and, more importantly, helps our clients and their customers thrive. Simply put, innovation is part of our DNA.”
Wolters Kluwer’s Lien Solutions’ award-winning, flagship iLien solution is a web-based tool that gives lenders the ability to conduct public record searches, retrieve and view UCC and corporate records, create filings, and maintain their entire lending portfolio. The iLien suite of offerings includes comprehensive analytics, reporting, monitoring and auto-continuation capabilities, improving lenders’ ability to holistically view lien portfolios, helping mitigate risk and improving the quality and efficiency of a lender’s operations.
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About Wolters Kluwer Governance, Risk & Compliance
Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.
Wolters Kluwer (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 2018 annual revenues of €4.3 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 18,600 people worldwide.