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Press ReleaseWolters Kluwer Financial Services and Suntell Team to Help Lenders Mitigate Risk and Improve Operational Efficiencies
WALTHAM , Mass. – May 30, 2007 - Wolters Kluwer Financial Services and Suntell, Inc. announced today that Suntell will integrate several of Wolters Kluwer Financial Services’ PCi compliance analytics solutions with Suntell’s LMS.Net Loan Management System. These solutions will help Suntell customers mitigate lending risks and improve operational efficiencies by eliminating the need to re-key data or maintain separate compliance software programs. The PCi HMDA management tool, Wiz® Basic, and anti-predatory lending solution, Wiz Sentinel®, are now available through Suntell’s LMS.Net solution. Suntell has also built an interface to the PCi CRA and HMDA compliance management solutions, CRA Wiz and HMDA Wiz. Through this interface, community banks will benefit from the seamless integration of critical compliance functionality into their existing loan origination workflow. It also dramatically reduces the time required to manage HMDA and CRA compliance. “Providing Wolters Kluwer Financial Services’ best-of-breed compliance functionality to Suntell customers allows them to address regulatory compliance more effectively and efficiently, which in turn helps them provide their own customers with a better experience,” said Ronnie Wooten, EVP/COO of Suntell, Inc. “Being able to offer this functionality is a true competitive advantage for Suntell.” “With this integration, Suntell can give its customers access to a comprehensive compliance solution that helps community banks be more effective lenders,” said Sean DePamphilis, executive vice president of Business Development for Wolters Kluwer Financial Services’ PCi solutions. “Suntell understands the needs of community banks, and we look forward to working with them to improve the lending process for thousands of bank customers.” About Wolters Kluwer Financial ServicesWolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, GulfPak, GainsKeeper®, CCH® Capital Changes, NILS INSource®, AuthenticWeb™, and CCH Wall Street. Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and workflow tools, documentation, analytics, authoritative information, and professional services. Customers include banks, credit unions, mortgage lenders, and securities and insurance organizations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit www.WoltersKluwerFS.com. Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. Wolters Kluwer has 2006 annual revenues of €3.7 billion, employs approximately 19,900 people worldwide and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com. About Suntell, Inc.Suntell was formed a decade ago in a joint venture by bankers for bankers. It is Suntell’s continuing mission to be the premier provider of proven solutions for financial institutions. Suntell’s unique product suite is centered on its Loan Management System, an electronic lending workflow system. The LMS is fully integrated to save lenders time and provide the latest tools for document tracking, financial analysis, loan document preparation and document imaging in one convenient system. By utilizing Suntell, banks can eliminate the hassles and costs of using multiple stand-alone applications. Suntell’s solutions include its Loan Management System, Synergy, and Suntell Document Imaging. Through bank efficiency analysis, Suntell also offers workflow enhancement consulting to further leverage lenders’ time and productivity. Suntell provides these tools to make the most of lenders efforts through one touch, one time, one solution. The Suntell products are utilized within financial institutions in 17 states across the U.S. every business day. For more information on Suntell, Synergy, or its entire product suite, visit www.suntell.com or call 888.848.7349. |
Jennifer Marso Director of Corporate Communications for Wolters Kluwer Financial Services 612.852.7912 Email Jennifer Charles Miller Senior Public Relations Specialist Banking, Mortgage, and Credit Unions 320.240.5457 Email Charles Angela Peterson Senior Public Relations Specialist Securities, Insurance, and Indirect Lending 612.656.7745 Email Angela |