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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 Compliance Solutions has recognized Michele Weber as a 2022 Marketing Leader by HousingWire magazine. Since joining in December 2020, Weber has enhanced marketing visibility and effectiveness. Under her leadership, the marketing team has driven significant growth, allowing Wolters Kluwer to better serve financial institutions. The company has also launched innovative products, such as a Bitcoin risk assessment tool and OmniVault for Real Estate Finance, while expanding its digital lending capabilities through acquisitions. Wolters Kluwer reported annual revenues of €4.8 billion in 2021.
Wolters Kluwer has secured a publishing agreement with the American Society of Nephrology (ASN) to publish three medical journals starting in January 2023. The journals include Journal of the American Society of Nephrology, Clinical Journal of the American Society of Nephrology, and Kidney360. This partnership aims to enhance journal readership globally through the Ovid® platform and other digital channels, providing ASN members with benefits for publishing. ASN, representing over 20,000 kidney health professionals, aims to advance kidney disease research and education.
Wolters Kluwer has successfully completed the acquisition of Level Programs, a Spanish provider of legal practice management software. This move integrates Level Programs into Wolters Kluwer's Legal Software business in Europe, with the aim of enhancing legal solutions for law firms. Kmaleon, Level's main product, offers efficient case management and billing services. The acquisition is anticipated to have immaterial impact on earnings but aims for a return on invested capital above 8% within three to five years, solidifying Wolters Kluwer's position in Spain's legal software market.
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