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Wolters Kluwer Financial Services Offers Lenders a New Centralized Way to Visualize Lending Compliance


WEBWIRE

Customizable and Interactive Analysis Solution Makes Understanding Compliance Performance Easier

MINNEAPOLIS – Jan.3, 2007 - Wolters Kluwer Financial Services, through its line of PCi solutions, today announced the availability of a web-based dashboard solution specifically designed to help lenders easily identify and address their unique potential compliance issues throughout the loan cycle.

The PCi lending compliance dashboard gives financial organizations the ability to review key lending compliance performance indicators in a web browser. These indicators are presented in easily understood graphical metaphors, charts, and tables with visual alerts about the performance status.

The dashboard solution eliminates what has traditionally been a time- consuming manual effort for lenders to aggregate useful, accurate loan-related information for analysis. This process is subject to human error and in many cases is not consistent or repeatable to help identify systemic issues.

The PCi lending compliance dashboard solution automatically updates the analytic views with new data from the data sources. By drilling down the performance indicators, users can easily identify non complying loans and isolate the root causes.

Lenders can design and implement the dashboard to address reporting needs at various levels in the organization.

* Executive Dashboards that support goal management and program visibility.
* Performance Dashboards that assist in providing early warning on adverse performance trends.
* Analyst Dashboards that provide visual analysis capabilities to quickly drill down, discover, and isolate data quality related issues.

“Our lending compliance dashboard solution provides clear visibility into the lending process, empowering a bank’s lending staff and management to closely monitor their lending compliance process and make adjustments early,” said Raffi Festekjian, chief executive officer of PCi. “The proven managed hosting services component of the solution ensures a high level of data integrity, eliminating the time and manual effort often required to generate insightful reports on demand.”

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, GainsKeeper®, GulfPak, 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, securities, and insurance organizations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit www.WoltersKluwerFS.com.



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