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Wolters Kluwer (WTKWY) is a global leader in digital knowledge solutions and cloud software for tax, finance, accounting, and legal professionals. With offerings like the SAP Document and Reporting Compliance solution integrated with the CCH SureTax solution, Wolters Kluwer helps multinational companies manage U.S. tax filing obligations efficiently. The company serves customers in over 180 countries and reported 2022 annual revenues of €5.5 billion.
Wolters Kluwer, Health has launched two new research collections on the Ovid medical research platform to enhance access to vital public health information. The Public Health Advantage collection integrates CABI Global Health and Ovid HealthStar databases, offering over 490 eBooks and journals. Alongside, the Evidence-Based Health collection combines extensive evidence-based resources, including the KSR Evidence database and the ECRI Guidelines Trust. These initiatives aim to support healthcare professionals and researchers in addressing current and emerging public health challenges.
Wolters Kluwer Finance, Risk & Regulatory Reporting is hosting the 2022 FRR Client Conference on October 6-7 in Berlin, Germany. The event aims to provide senior decision-makers in banking with insights into evolving finance and regulatory challenges. Attendees will engage in discussions about the award-winning OneSumX FRR solution and participate in workstreams focused on Risk and Finance topics, including Basel IV and ESG. This flagship event emphasizes collaboration, allowing participants to influence future product development.
Wolters Kluwer Legal & Regulatory U.S. has launched the Labor Arbitrator and Awards Analyzer, a cutting-edge research tool designed for labor law professionals. This tool offers instant access to over 33,000 labor arbitration awards and profiles, enabling users to analyze arbitrators' backgrounds, industry experience, and ruling tendencies. With capabilities like advanced data visualization and custom reporting, it aims to enhance the strategy development process in labor arbitration cases. The announcement highlights the tool's regular content updates and its potential to improve client representation outcomes.
Wolters Kluwer has successfully acquired IJS Publishing Group (IJS PG), a UK-based peer-reviewed medical journal publisher. This acquisition, finalized on September 30, 2022, enhances the Lippincott journal portfolio by adding 10 new titles, including the International Journal of Surgery and Annals of Medicine and Surgery. With IJS PG generating approximately $2 million in gross revenue in 2021, Wolters Kluwer anticipates a return on invested capital exceeding 8% within 3-5 years, with minimal impact on adjusted earnings.
Wolters Kluwer has appointed Marcelo Amstalden Möller as Vice President, Global Brand & Corporate Marketing Communications. This newly created role aims to enhance the company's brand and increase global recognition. With a strong background from Heineken and other global firms, Möller is expected to be instrumental in Wolters Kluwer's transformation efforts. The company reported €4.8 billion in annual revenues for 2021 and operates in over 40 countries, providing expert solutions across various professional sectors.
Wolters Kluwer's senior legal analyst, Sheila Lynch-Afryl, reviews pivotal health law cases from the U.S. Supreme Court's 2021-2022 term. Key rulings include the overturning of Roe v. Wade in Dobbs v. Jackson Women's Health Organization, which enables states to impose abortion limits. The Court upheld the CMS COVID-19 vaccine mandate in Biden v. Louisiana, affirming HHS's authority to protect patient health. Additionally, the Court ruled against reduced drug reimbursement rates for 340B hospitals in American Hospital Association v. Becerra.
Wolters Kluwer Tax & Accounting announced that its TeamMate+ suite received the 2022 Stratus Awards for Cloud Computing from the Business Intelligence Group, recognizing it as a leader in cloud solutions for internal auditing. The award highlights TeamMate+'s innovative Software as a Service (SaaS) capability that enhances audit workflows and risk management. Additionally, TeamMate+ achieved authorization from FedRAMP, allowing federal auditors to utilize its secure cloud environment, aligning with professional standards.
Wolters Kluwer Compliance Solutions will present a webinar titled "The Disruption Continuum: Auto Financers Shift into a Digital-first Era" on Sept. 28, 2022, from 2-3 pm EDT. The session will cover the rise of digital transactions in the automotive finance sector, revealing a 80% increase in digital transactions since early 2021. Presenters Tim Yalich and Erin McCarty will discuss how technology is reshaping customer experiences and driving the industry towards digital transformation.
Insights will also highlight key trends in compliance management for automotive lenders.
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