Wolters Kluwer Financial Services

Press Release

Wolters Kluwer Financial Services Announces Eleventh Annual CRA & Fair Lending Colloquium
Attendees Offered Unique Opportunity To Discuss Top Compliance And Risk Management Concerns With Industry Leaders and Regulators

Waltham, Mass. – July 24, 2007 - Wolters Kluwer Financial Services, through its line of PCi compliance analytics solutions, announced today details of the 2007 CRA & Fair Lending Colloquium, a unique opportunity for senior compliance executives to discuss top compliance and risk management concerns with industry leaders and regulators, which will take place September 30 through October 3 in San Diego, Calif.

Among the many noteworthy industry experts speaking at this year’s Colloquium:

  • Charles Bowman, Global Compliance & Operational Risk Executive, Bank of America
  • Congressman Michael Oxley, former chairman of the House committee on financial services
  • John Bryant, Founder of Operation HOPE

The Colloquium is sponsored by the American Bankers Association, America’s Community Bankers, the Independent Community Bankers of America and Freddie Mac. The 2007 event will cover a variety of industry topics related to the Community Reinvestment Act (CRA), Home Mortgage Disclosure Act (HMDA) and fair lending.

“The CRA & Fair Lending Colloquium presents a unique opportunity for senior compliance executives to collaborate on setting goals and mapping out a plan to achieve them,” said Raffi Festekjian, president and chief executive officer of Wolters Kluwer’s PCi line of business. “In a highly interactive environment, participants have access to leading thinkers, where in just a few days, attendees can access information that would otherwise take years to collect.”

General session and workshop topics include:

  • Creating and Maintaining a Culture of Compliance
  • Financial Literacy
  • Washington Update
  • Establishing a Fair Lending Risk Assessment Program
  • Subprime and Affordable Lending Concerns
  • The HMDA Impact: Data Trends and Regulatory Focus
  • CRA Best Practices: Structuring Your Institution for Success
  • FRB Study Analysis: Credit Score Modeling and Its Effects on Different Populations
  • Primer on Pricing Regression

Attendees may sign up for two pre-conference sessions covering Fair Lending Essentials and CRA Essentials as well. They can also learn about proven community development programs by signing up for the pre-conference community caravan. Attendees will tour sites in San Diego and hear from community administrators about their programs and how they partnered with the community on complex financial arrangements and obtained funding to provide needed services within the community.

In addition, the 2007 Colloquium will offer attendees two sessions on the last day of the event focused on mortgage fraud:

  • The Mortgage Fraud Crisis: Working with Law Enforcement to Fight Mortgage Fraud
  • Best Practices in Identifying and Preventing Mortgage Fraud

“The ability to discuss important issues with industry leaders is rare. Every year the Colloquium attempts to build upon this cornerstone of knowledge and experience to address real world customer needs,” Festekjian added.

For more information on registration, the complete agenda and list of speakers or a complimentary press pass, visit the Colloquium web site at www.cracolloquium.com.

About Wolters Kluwer Financial Services

Wolters 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, Desert Document Services, GainsKeeper®, CCH® Capital Changes, NILS INSource®, AuthenticWeb™ and CCH Wall Street.

Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and work flow 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 annual revenues (2006) 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.


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Jennifer Marso
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612.852.7912
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Charles Miller
Senior Public Relations Specialist
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320.240.5457
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Angela Peterson
Senior Public Relations Specialist
Securities, Insurance, and Indirect Lending
612.656.7745
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