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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 appointed Christopher Sullivan as the new Vice President and General Manager of the Commercial Segment for Clinical Effectiveness. With over 11 years at the company and previous leadership roles in product management and strategic partnerships, Sullivan will focus on enhancing the growth of clinical decision support (CDS) solutions like Medi-Span, Lexicomp, and UpToDate. His leadership is pivotal in expanding the company's footprint in the commercial market.
Wolters Kluwer Legal & Regulatory U.S. announced that Nicole Stone will moderate a panel discussion titled "Future Ready Lawyer 2022: Key Industry Trends & Insights" at the LVNx Conference in Chicago on September 22, 2022. The panel will delve into findings from the 2022 Future Ready Lawyer Survey, which highlights shifts in the legal industry, including firm dynamics and client relationships. The survey, involving 751 professionals across 11 countries, provides insights into the evolving challenges and opportunities in the legal sector.
Wolters Kluwer Tax & Accounting has analyzed the latest Consumer Price Index data to project 2023 inflation adjustments for various tax amounts. These adjustments, linked to CPI figures released in mid-September, will aid in year-end tax planning for taxpayers and advisors. Due to rising inflation in 2022, the projected adjustments are expected to be more significant than in previous years. Key projections include updates to tax rate tables, capital gains rates, standard deduction, and estate tax credits.
Wolters Kluwer Legal & Regulatory U.S. announced a refreshed user interface for Kluwer Arbitration at the 2022 ICCA Congress in Edinburgh, aimed at enhancing productivity for legal professionals. The new design, set to be available in early October, offers streamlined navigation, improved search capabilities, and tools for collaboration. Users can save materials for quick access and receive alerts for new content. The changes address the challenges of information overload faced by legal professionals, focusing on efficiency in accessing actionable information.
Wolters Kluwer Tax & Accounting has entered the Metaverse by acquiring virtual land in Decentraland and Somnium Space. This initiative aims to enhance collaboration among global teams and customers using virtual meetings and events. CEO Karen Abramson highlighted that the Metaverse could reshape business models and improve productivity and revenue opportunities for clients. The company is positioning itself as a leader in technology within the tax and accounting sector, already having released a Blockchain-based bank confirmation solution earlier this year.
Wolters Kluwer has launched Lippincott ClinicalPulse, an innovative audio platform designed for clinicians to access peer-reviewed medical research in an audio format. This platform offers over 200 continuing medical education (CME) and continuing education (CE) credits, enabling clinicians to learn on the go. A survey indicated that 72% of clinicians prefer digital audio learning. The platform features content across 15 specialties and aims to improve patient care outcomes through accessible and engaging audio lectures.
Wolters Kluwer Legal & Regulatory U.S. has renewed its partnership with the International Council for Commercial Arbitration (ICCA), enhancing access to vital arbitration materials for users. The collaboration provides access to court reports, anonymized awards, country overviews, and expert analyses, supporting arbitration specialists in their practices. The partnership aims to empower arbitration practitioners with updated resources and align with ICCA's mission to promote international dispute resolution. Wolters Kluwer reported €4.8 billion in revenue in 2021 and operates in over 40 countries.
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