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Wolters Kluwer Financial Services Creates Dodd-Frank Resource Center
MINNEAPOLIS – March 7, 2011 – To help financial institutions comply with the requirements of the Dodd-Frank Act that begin taking effect on July 21, 2011, Wolters Kluwer Financial Compliance Services today announced the launch of its new Dodd-Frank Resource Center.
By visiting the website, banks, credit unions and lenders can stay up-to-date on the latest news and information regarding the Dodd-Frank Act’s requirements and the Consumer Financial Protection Bureau (CFPB). They can also gain a clear understanding of the Act’s general requirements as well as deposit and Individual Retirement account, mortgage and lending changes.
“The Dodd-Frank Act is the most sweeping piece of legislation to affect financial institutions in decades,” said Lisa Fraga, vice president and general manager, Banking, for Wolters Kluwer Financial Services. “The Dodd-Frank Resource Center clarifies what within the 2,300 page bill is critical for banking institutions to know and explains the new requirements in plain language.”
In addition to updates and information related to the Dodd-Frank Act, the site also provides details on how Wolters Kluwer Financial Services’ compliance and risk management solutions can help institutions meet the Act’s requirements.
For more information, visit www.WoltersKluwerFS.com\info\doddfrank.
About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services is a comprehensive regulatory compliance and risk management business that helps financial organizations manage operational, compliance and financial risk and reporting, and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include: FRSGlobal, ARC Logics for Financial Services, PCi, Compliance Resource Network, Bankers Systems, VMP® Mortgage Solutions, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services supports its global customers with more than 30 offices in 20 countries and is a leading worldwide provider of compliance and risk management solutions for the financial services industry, serving more than 15,000 banking, insurance and securities customers across the globe. Wolters Kluwer Financial Services is part of Wolters Kluwer, a leading global information services and publishing company with annual revenues of (2010) €3.6 billion ($4.7 billion) and approximately 19,000 employees worldwide. Please visit our website for more information.
