Wolters Kluwer Compliance Solutions Hosts Informational Webinar on Digital Banking Assets

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MINNEAPOLIS–(BUSINESS WIRE)–Simon Moir, Vice President and Segment Head, Banking Compliance, at Wolters Kluwer Compliance Solutions, will lead a panel of industry experts exploring the key elements of effective digital lending programs during a free virtual event,”Trends, best practices and technology for electronic mortgages, HELOCs and other digital assetsfrom 3-4 p.m. EDT on Tuesday, August 9.

Moir will serve as moderator in this panel discussion featuring Craig Focardi, Principal Analyst, Banking, for Celent, a leading technology-focused research and advisory firm for financial institutions globally; Rick Sharga, Executive Vice President, ATTOM, a leading provider of comprehensive real estate data for businesses in the real estate, mortgage, insurance, finance and government markets; and James Milne, Chief Product Officer, for Rocket Mortgage, an early adopter of digital asset transactions and the nation’s first lender to use electronic notes to complete a Ginnie Mae-backed loan.

Attendees will learn about emerging best practices and the benefits of digital home equity lines of credit (HELOCs), including increased transparency of digital transactions, more accurate data extraction, and improved monetization opportunities, as opposed to paper-based transactions or PDF. The session will examine lenders’ increasing focus on growing their home equity business in light of the recent decline in cash-in refinance, using expert insights and customer use cases and insights. points of evidence to illustrate these abilities.

“The benefits that digital tools can bring to the mortgage space are being increasingly recognized as lenders take advantage of the concepts of digital HELOCs, eMortgages and OmniVault technology, which can help them secure and manage all their eAssets on one platform,” Moiré said. “With mortgage refinancing declining and homeowners benefiting from home equity gains, mortgage lenders are increasingly focusing on home equity lending. They also see this as an opportunity to positively impact and further differentiate their customer experience through digital HELOCs and extend their digital asset creation to the equity in their property. This session aims to show how eMortgage and digital lending technologies, in particular the eVault, provide institutions with simple and consistent ways to create and manage all digital real estate assets across their organization.

Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services for US banks, credit unions, insurers and securities firms. The company, part of Wolters Kluwer’s Governance, Risk & Compliance (GRC) division, helps these financial institutions effectively manage risk and regulatory compliance obligations, and gain the insights needed to focus on better service to their customers and the growth of their business.

Wolters Kluwer’s GRC division provides a range of expert solutions to help financial institutions manage regulatory obligations and risk. The eOriginal™ suite of digital loan offerings purpose-built for Wolters Kluwer Compliance Solutions helps lenders digitize their transactions and offers e-signatures, collateral authentication and an e-vault. Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR), meanwhile, is a global market leader in providing integrated regulatory compliance and reporting solutions. The division’s legal solutions businesses are Wolters Kluwer CT Corporation and Wolters Kluwer ELM Solutions.

About Wolters Kluwer Governance, Risk and Compliance

Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to ensure compliance with evolving regulatory and legal obligations, manage risk, increase efficiency and deliver better results commercial. GRC offers a portfolio of expert technology 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 professional information, software solutions and services for healthcare; taxation and accounting; governance, risk and compliance; and the legal and regulatory sectors. We help our customers make critical decisions every day by delivering expert solutions that combine deep domain knowledge with specialized technology and services. Wolters Kluwer achieved annual sales of €4.8 billion in 2021. The group serves customers in over 180 countries, maintains operations in over 40 countries and employs around 19,800 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

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