WOLTERS KLUWER S/ADR - WTKWY STOCK NEWS

Wolters Kluwer Legal & Regulatory U.S. has announced enhancements to Kluwer Arbitration Practice Plus (KAPP), aimed at improving the research capabilities for arbitration practitioners. Key features include the expanded Profile Navigator tool for verifying arbitrators and expert witnesses, and an updated Relationship Indicator tool for assessing potential conflicts of interest. Additionally, users can now leverage new filters for a refined search of over 6,000 commercial and investment awards. These upgrades are designed to streamline the arbitrator selection process and enhance success rates in arbitration cases.

Wolters Kluwer ELM Solutions has achieved significant recognition at the 2022 Golden Bridge Business and Innovation Awards, securing a total of six Globee awards. This includes the prestigious title of Company of the Year in the Legal category, along with several Gold awards for innovation and customer satisfaction enhancements. Notably, ELM's LegalVIEW database surpassed $150 billion in invoices, earning a Gold Globee in the Milestone of the Year category. The awards highlight the company's commitment to innovation, thought leadership, and superior customer service in the legal industry.

Wolters Kluwer and Laerdal Medical have launched vSim for Nursing Advanced Medical-Surgical/Critical Care, a new educational tool aimed at enhancing nursing training. This solution addresses a shortage of simulation content for advanced medical scenarios, providing nursing students with immersive experiences through complex clinical cases, including patients with comorbidities. The program is designed to improve clinical judgment and prepares students for real-world challenges, helping to cultivate high-quality, evidence-based care across diverse populations.

Wolters Kluwer Finance, Risk & Regulatory Reporting will present at the Market Insights Thailand 2022 conference on June 30, 2022, focusing on key regulatory topics such as regulatory data transformation, asset liability management, and the Basel IV framework. Expert speakers include Jeroen Van Doorsselaere and Subbaiyan Vaithinathan, discussing evolving regulations and compliance challenges. The event aims to address the impact of regulatory reforms on financial institutions.

The automotive sector is in a transition phase as digital technologies transform retail transactions. However, considerable challenges remain, particularly with paper-based processes involving dealers and lenders. Jenn Reid from Wolters Kluwer Compliance Solutions emphasizes the risks associated with these outdated practices, such as efficiency losses and potential breaches of Personally Identifiable Information. A shift to digital ecosystems that streamline asset management and enhance security is necessary for improving transaction efficiency and compliance. Companies that embrace this change can expect to see faster processes and reduced operational risks.

Wolters Kluwer Tax & Accounting addresses tax challenges faced by young adults entering the workforce. Many are surprised by the deductions from their first paycheck. Understanding tax law basics is crucial for informed financial decisions. Key tax issues include:

• Employee vs. Independent Contractor: Different taxation applies.
• Form W-4: Determines income tax withholding.
• State Taxes: Potential multi-state obligations.
• Business Expenses: Different deductibility rules.

Wolters Kluwer Tax & Accounting announced that its TeamMate+ Agile Audit solution is a finalist in the 2022 SIIA CODiE Awards for the Best Compliance Solution category. This cloud-based solution is tailored for internal audits, enabling teams to implement agile frameworks while adhering to professional standards. With features that enhance efficiency and stakeholder engagement, TeamMate+ is recognized for its innovation in audit software.