Press Release

TCI Offers Wolters Kluwer Financial Services' Loan Documents to Lender Network

MINNEAPOLIS – Sept. 8, 2011 – Wolters Kluwer Financial Services announced today that TCI, which provides web-based loan origination software offered as software as a service (SaaS), will offer the Wolters Kluwer Financial Services’ Bankers Systems® retail contracts and lease agreements to the more than 250 financial institutions using TCI’s DecisionLender.

TCI helps link credit unions, banks and finance companies with various types of merchants, including those in the furniture, appliance and automotive markets, whose customers require financing for major purchases. TCI’s DecisionLender system allows the merchant to easily send an applicant’s data to the lender, and helps the lender quickly evaluate the application and make a lending decision.
Through this new relationship, Wolters Kluwer Financial Services’ Bankers Systems® retail contracts and lease agreements will be integrated into DecisionLender. For TCI customers, this new relationship means that retail contracts and lease agreements can be easily prepared from the DecisionLender platform.

The contracts, which document financing for goods and services, are protected by the company’s limited compliance warranty and are built on more than 50 years of compliance knowledge and experience. They are maintained by Wolters Kluwer Financial Services’ compliance experts who monitor legislative and regulatory changes affecting the indirect finance industry in all U.S. jurisdictions.

“Lenders must continually ensure that they are staying on top of regulatory changes and meeting compliance requirements,” said Bill Nass, president, of TCI. “By integrating Wolters Kluwer Financial Services’ contracts with our software, we can help lenders, as well as their customers, simplify this challenge and prepare loan documents with just a few mouse clicks.”

“Like TCI, we are committed to helping lenders accelerate the loan approval process, and regulatory compliance is a key part of this,” said Jason Marx, vice president and general manager of Indirect Lending and Mortgage at Wolters Kluwer Financial Services. “Working with TCI, we can help more lenders and merchants gain access to the critical contracts they need to ensure each loan is documented accurately from the beginning.”

Wolters Kluwer Financial Services’ Indirect Lending business unit offers compliance documentation and customizable tools that address the regulatory requirements of the indirect lending market and help mitigate risk. In addition to Bankers Systems®, other prominent brands include AppOne®, a web-based platform that helps automate the indirect lending, credit approval and compliance processes for lenders and vehicle dealerships; CompliSource, an online tool for managing state and federal compliance law governing consumer finance and indirect lending; and DocOne®, a document printing engine and compliance validation tool that simplifies the finance process.

For more information, visit www.WoltersKluwerFS.com/Indirect.

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services is a comprehensive regulatory compliance and risk management business that helps financial organizations manage operational, compliance and financial risk and reporting, and improve efficiency and effectiveness across their enterprise. The organization's prominent brands include: FRSGlobal, ARC Logics for Financial Services, PCi, Compliance Resource Network, Bankers Systems, VMP® Mortgage Solutions, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services supports its global customers with more than 30 offices in 20 countries and is a leading worldwide provider of compliance and risk management solutions for the financial services industry, serving more than 15,000 banking, insurance and securities customers across the globe. Wolters Kluwer Financial Services is part of Wolters Kluwer , a leading global information services and publishing company with annual revenues of (2010) €3.6 billion ($4.7 billion) and approximately 19,000 employees worldwide. Please visit our website for more information.

About TCI

Supporting more than 250 credit unions, banks and finance companies across the United States, TCI provides affordable loan origination solutions that give direct, indirect, internet and retail lenders the edge they need to be first. For more information, visit www.tcidecisionlender.com.