The platform helps community banks simplify and automate their lien, titling and real property documentation needs.
The Wolters Kluwer iLien product suite allows community bankers to search, file, and manage uniform commercial code filings, process and manage vehicle titles, and record and manage real property documentation with ease. The platform includes full analytics and reporting capabilities for a holistic view of lending portfolios and is backed by Wolters Kluwer’s regulatory expertise.
“In today’s increasingly digitized environment, community banks are seeking solutions that eliminate highly manual processes for improved accuracy and efficiency,” said ICBA Senior Executive Vice President of Community Bank Solutions Kevin Tweddle. “The platform’s versatility and streamlined approach to document management makes iLien a great fit for community banks seeking to mitigate their risk exposure and simplify complexity across the loan lifecycle."
“Community banks serve an important role in their communities and need flexible tools to deliver exceptional service to their customers,” added Steve Meirink, Wolters Kluwer Compliance Solutions Executive Vice President and General Manager. “Our iLien solution helps community banks seamlessly perform due diligence and loan management for informed lending decisions that support their bank’s business growth objectives.”
For more information about the ICBA Preferred Service Providers program, visit www.icba.org/psp.
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. ICBA is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and high-quality products and services.
With nearly 50,000 locations nationwide, community banks constitute 99 percent of all banks, employ more than 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5.8 trillion in assets, over $4.8 trillion in deposits, and more than $3.5 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.
Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes.