Wolters Kluwer Governance, Risk & Compliance Completes Divestment of Indirect Loan Origination Solutions
03 October 2016 - 5:00PM
October 3, 2016 - Wolters Kluwer Governance, Risk
& Compliance today announced the completion of the divestment
of its indirect loan origination solutions, including the AppOne
platform, to The Reynolds and Reynolds Company, a provider of
software, documents, and professional services to automotive
retailers. The agreement was originally announced on September 8,
2016.
About Wolters Kluwer Governance,
Risk & Compliance
Wolters Kluwer Governance, Risk & Compliance (GRC) provides
legal, finance, risk and compliance professionals and small
business owners with a broad spectrum of solutions, services and
expertise needed to help manage myriad governance, risk and
compliance needs in dynamic markets and regulatory environments.
Its prominent brands include: AuthenticWeb(TM), Bankers
Systems®, BizFilings®, Capital Changes, CASH
Suite(TM), CT Corporation, CT Lien Solutions, ComplianceOne®,
Corsearch, Expere®, GainsKeeper®, LegalVIEW®, OneSumX®, Passport®,
TyMetrix® 360, Uniform Forms(TM), VMP® Mortgage
Solutions and Wiz®.
Wolters Kluwer N.V. (AEX: WKL) is a global leader
in information services and solutions for professionals in the
health, tax and accounting, risk and compliance, finance and legal
sectors. Wolters Kluwer reported 2015 annual revenues of €4.2
billion. The company, headquartered in Alphen aan den Rijn, the
Netherlands, serves customers in over 180 countries, maintains
operations in over 40 countries and employs 19,000 people
worldwide.
For more information about our solutions and
organization, visit www.wolterskluwer.com, follow us on Twitter,
Facebook, LinkedIn, and YouTube.
Analysts/Investors
Contact:
Meg Geldens
Vice President, Investor Relations
Wolters Kluwer
+31 172 641 407
ir@wolterskluwer.com
Media Contacts:
Annemarije Pikaar
Senior Manager, External Communications
Wolters Kluwer Global Corporate Communications
+31 172 641 470
annemarije.pikaar@wolterskluwer.com
Chuck Miller
Director,Corporate Communications
Wolters Kluwer Governance, Risk & Compliance
+1 320 217 9193
charles.miller@wolterskluwer.com
Forward-looking Statements and
Other Important Legal Information
This report contains forward-looking statements.
These statements may be identified by words such as "expect",
"should", "could", "shall" and similar expressions. Wolters Kluwer
cautions that such forward-looking statements are qualified by
certain risks and uncertainties that could cause actual results and
events to differ materially from what is contemplated by the
forward-looking statements. Factors which could cause actual
results to differ from these forward-looking statements may
include, without limitation, general economic conditions;
conditions in the markets in which Wolters Kluwer is engaged;
behavior of customers, suppliers, and competitors; technological
developments; the implementation and execution of new ICT systems
or outsourcing; and legal, tax, and regulatory rules affecting
Wolters Kluwer's businesses, as well as risks related to mergers,
acquisitions, and divestments. In addition, financial risks such as
currency movements, interest rate fluctuations, liquidity, and
credit risks could influence future results. The foregoing list of
factors should not be construed as exhaustive. Wolters Kluwer
disclaims any intention or obligation to publicly update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise.
PDF version of Press
Release
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Wolters Kluwer NV via Globenewswire
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