WOLTERS KLUWER S/ADR - WTKWY STOCK NEWS

Wolters Kluwer Tax & Accounting launched its 17th annual CCH® Connections User Conference in Austin, Texas, from October 27-29, 2021. This hybrid event unites tax, accounting, and audit professionals to explore advancements in technology and digital transformation. Keynote speakers include IRS Commissioner Charles Rettig and Netflix cofounder Marc Randolph. Attendees can engage in over 50 learning sessions and gain insights to enhance productivity and compliance. The conference aims to prepare firms for evolving challenges and opportunities in the tax sector.

Wolters Kluwer has announced that its Health Language clinical Natural Language Processing (cNLP) solution will be implemented in MicroMD, enhancing patient medical record reviews. This technology automates the extraction of clinically relevant data from unstructured text, significantly reducing manual review time and errors. With over 80% of healthcare information being unstructured, the integration aims to improve clinical documentation accuracy and patient outcomes through better access to data. The collaboration aims to enrich the clinical data available to healthcare providers.

Wolters Kluwer Compliance Solutions’ Robb Zurek will discuss lien management benefits for equipment leasing at the ELFA 60th Annual Conference in San Antonio, Texas, from October 24-26. His panel, titled 'Transforming Process and Perception with FinTech Innovation,' will cover how recent technological advancements have improved client experiences and ROI in equipment finance. The conference features key industry leaders and aims to address significant market gaps in financing promotion. Wolters Kluwer, a leader in regulatory compliance solutions, will showcase its offerings at booth #25.

Wolters Kluwer ELM Solutions is set to unveil significant updates at the virtual ELM Amplify 2021 conference, enhancing its TyMetrix 360° and Passport product lines. The new TyMetrix 360° features include integration capabilities with Microsoft Office, a Data API for seamless connection with existing technologies, and enhanced reporting tools. Additionally, Passport 21.2 adds support for eDocs and updates to its collaboration features. These advancements aim to improve efficiency, reduce operational costs, and support corporate legal departments in managing their workflows effectively.

Wolters Kluwer Tax & Accounting has joined the BDO Alliance USA through its Vendor Marketing Program, enhancing access to innovative cloud-based technologies and industry insights. This collaboration aims to benefit accounting and consulting firms across the nation. Jason Marx, President & CEO, expressed excitement about sharing expertise with Alliance members. The program will empower firms to maximize digital transformation, providing a competitive edge in a changing business landscape. BDO Alliance USA aims to offer members valuable resources for growth.

Wolters Kluwer and NYDIG have formed a partnership, making Wolters Kluwer the exclusive preferred vendor for financial institutions needing assistance with regulatory compliance for bitcoin services. This collaboration will support U.S. banks and credit unions in delivering compliant documentation through the Bitcoin Deposit Disclosure Program, thereby helping them tap into the growing interest in bitcoin and enhance their customer offerings.

This partnership underscores the increasing focus on compliance as digital asset services expand across the financial sector.

Wolters Kluwer Tax & Accounting highlights crucial year-end tax planning steps for taxpayers that may affect their 2021 tax returns. With the Build Back Better Act under consideration, changes to capital gains and estate taxes could necessitate urgent planning. Taxpayers are advised to consider year-end charitable contributions, Roth IRA conversions, and review estate plans. Enhanced IRS audits may increase the importance of documentation for claims. The proposed effective date for capital gains changes is September 13, 2021, possibly limiting preemptive planning.

Wolters Kluwer ELM Solutions will host ELM Amplify 2021, a virtual user conference from October 26 to 28. This event focuses on legal technology innovation and features keynotes, training sessions, and panels with industry leaders including CIBC and Gallagher Bassett. Attendees will explore topics like digital transformation and diversity in legal operations. ELM Solutions, recognized for its award-winning tools like Passport® and TyMetrix® 360°, aims to enhance operational efficiency in corporate legal departments.