WOLTERS KLUWER S/ADR - WTKWY STOCK NEWS

Wolters Kluwer's Governance, Risk & Compliance (GRC) division has achieved significant recognition, winning multiple accolades as a top employer. These awards include Global Legal Technology Employer of the Year and Global Financial Technology Employer of the Year, awarded by Corporate Vision. GRC was also acknowledged in the Top Workplaces in Minnesota survey for 2021. The awards reflect the company's commitment to employee engagement, inclusive culture, and exceptional service in legal and banking solutions. Wolters Kluwer continues to focus on compliance and risk management solutions for professionals globally.

Wolters Kluwer Tax & Accounting highlights tax implications for athletes and fans during Super Bowl LVI on February 13 in Inglewood, California.

Players may owe state taxes in California and their home states, with California's top tax rate at 13.3%. This year, players also face withholding on bonuses and endorsement income. Federal tax rates reach 37%. With the rise of sports betting, states may impose additional fees and taxes on these activities.

Wolters Kluwer, Health has introduced its Digital Health Architect, a clinical content platform aimed at enhancing telehealth experiences for providers and patients. The platform integrates trusted clinical information from UpToDate, Emmi, and Lexicomp, facilitating seamless access to evidence-based content. Key features include support for new virtual care workflows and analytics to track engagement. This innovative platform promises to reduce the maintenance burden on healthcare organizations while optimizing care delivery and improving health outcomes.

The latest episode of the EDRM podcast features insights from Wolters Kluwer ELM Solutions’ Nathan Cemenska, discussing the impact of megamatters—legal cases with over $1 million in spend—on corporate law department budgets. Notably, megamatters account for 61% of total legal spending, with a mere $1 increase in these matters raising the likelihood of increased total outside counsel spend by 89%. The insights stem from ELM's extensive LegalVIEW database, valued at over $150 billion in invoices, which aids legal teams in analyzing spending data for better cost management.

Wolters Kluwer and Floify have announced a partnership to integrate Wolters Kluwer's eOriginal digital mortgage promissory eNote technology into Floify's system. This integration aims to streamline the mortgage e-closing process by allowing digital signatures, enhancing efficiency and reducing costs. The partnership also leverages Wolters Kluwer's eVault technology, ensuring legal enforceability of digital documents. This collaboration positions Floify to drive innovation in the mortgage sector, addressing the need for digitization in a traditionally paper-heavy industry.

Wolters Kluwer announces the appointment of Ann Ziegler as the new Chair and Jack de Kreij as Vice-Chair of the Supervisory Board, effective April 21, 2022. Ann Ziegler, previously Vice-Chair, has experience with international companies since her appointment in 2017. Jack de Kreij, on the Board since 2020, is currently the Chair of the Audit Committee. The changes support the company’s commitment to strong leadership and diversity at senior management levels. Shareholders will vote on the nomination of Heleen Kersten for the Supervisory Board during the Annual General Meeting.