WOLTERS KLUWER S/ADR - WTKWY STOCK NEWS

In a recent episode of the Legal Leaders Exchange Podcast, Microsoft’s Tom Orrison and Jason Barnwell discussed how the company’s corporate legal department is adapting to meet increasing business demands. With over 1,800 employees, the department faces challenges in tracking expertise and navigating a complex regulatory landscape. Orrison emphasized the need for exponential scaling as business grows. Wolters Kluwer ELM Solutions aims to provide insights into optimizing legal operations and maintaining efficiency in a dynamically evolving environment.

Wolters Kluwer, Health announced the integration of the Astute Doctor Communicate Program into its Ovid medical research platform. This initiative offers interactive, evidence-based online courses aimed at enhancing clinician-patient communication skills. The program features six CME-accredited courses developed by healthcare professionals, focusing on patient engagement and satisfaction. It aims to improve outcomes and reduce clinician burnout through empathy-based learning techniques, making it a valuable tool for healthcare providers.

Wolters Kluwer Compliance Solutions emphasizes the critical importance of accuracy in lien management during a recent episode of Worldwide Business with kathy ireland. Suzanne Konstance, a leader in the segment, highlighted that even minor errors in lien filings can significantly impact lenders' ability to recover assets in case of default. The company offers various solutions, including iLien products, to help lenders manage UCC liens efficiently and reduce portfolio risk. By centralizing UCC information, lenders can make informed lending decisions and optimize their business growth.

On April 11, 2022, EY announced an extension of its alliance with Wolters Kluwer to integrate the CCH® Tagetik corporate performance management (CPM) solution. This partnership aims to enhance financial and operational planning, automate finance processes, and promote better compliance through streamlined workflows. The alliance, active in Belgium and with plans for global expansion, positions EY to facilitate extensive financial transformations for clients using the unified CCH® Tagetik platform, which boasts built-in financial intelligence and regulatory solutions.

Wolters Kluwer has finalized its acquisition of International Document Services (IDS) for approximately $70 million in cash, as announced on April 8, 2022. This strategic acquisition aims to enhance Wolters Kluwer's offerings in compliance and document generation software for the mortgage and real estate industries. The deal follows a previous announcement on March 9, 2022, where the agreement with The Reynolds and Reynolds Company was initially disclosed. Wolters Kluwer reported annual revenues of €4.8 billion in 2021 and continues to expand its market presence.

Wolters Kluwer ELM Solutions' Jeffrey Solomon discussed the role of data analytics in corporate legal departments on the LawNext podcast. He highlighted how the LegalVIEW database, with insights from over $150 billion in invoices, enhances decision-making and budgeting. The conversation focused on tools like LegalVIEW BillAnalyzer and Predictive Insights, which help improve visibility and compliance in legal spending. Solomon emphasized the importance of analyzing legal spend to transform legal practices.

Wolters Kluwer and Lightico have announced a strategic partnership to enhance digital lending transactions through the integration of eOriginal’s eVaulting technology into Lightico's platform. This integration allows seamless management of digital assets like eContracts, ensuring compliance and trust in secondary market transactions. The collaboration aims to improve customer experiences across sectors such as insurance, banking, and telecommunications. Lightico's platform is utilized by major enterprises, including Capital One and Metlife, showcasing its effectiveness in streamlining customer interactions.