Wolters Kluwer Touts Web-based Compliance Tool

Wolters Kluwer Financial Services, through its line of PCi solutions, said today it has launched a web-based dashboard solution designed to help lenders identify and address their unique potential compliance issues throughout the loan cycle. According to the company, the PCi lending compliance dashboard gives financial organizations the ability to review key lending compliance performance indicators in a web browser, presenting indicators in easily-understood graphical metaphors, charts, and tables with visual alerts about the performance status.

The dashboard solution eliminates what has traditionally been a time-consuming manual effort for lenders to aggregate useful, accurate loan-related information for analysis. According to Wolters Kluwer, this process is subject to human error and in many cases is not consistent or repeatable to help identify systemic issues. Lenders can design and implement the dashboard to address reporting needs at various levels in the organization:

  • Executive Dashboards that support goal management and program visibility.
  • Performance Dashboards that assist in providing early warning on adverse performance trends.
  • Analyst Dashboards that provide visual analysis capabilities to quickly drill down, discover, and isolate data quality related issues.

“Our lending compliance dashboard solution provides clear visibility into the lending process, empowering a bank’s lending staff and management to closely monitor their lending compliance process and make adjustments early,” said Raffi Festekjian, chief executive officer of PCi. “The proven managed hosting services component of the solution ensures a high level of data integrity, eliminating the time and manual effort often required to generate insightful reports on demand.” For more information, visit http://www.wolterskluwerfs.com.

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