Built upon the decades of experience and knowledge behind Wolters Kluwer Financial Services’ bankers systems and PCi product lines, ComplianceOne gives financial institutions all the tools needed to create a complete consumer, commercial and mortgage loan as well as an IRA or new deposit account from a compliance, work flow and data perspective on a single delivery platform. ComplianceOne allows financial institutions to open new accounts and complete transactions quickly through the solution’s common database structure.
Dan Bailey, CEO of the Alabama Bankers Association, said: One of the biggest concerns for our member banks is how to manage compliance and operational risk across multiple business lines with a number of disparate processes and systems. By offering ComplianceOne, we’re helping them address those concerns with a single, integrated approach to compliance.
Ken Newton, executive vice president of banking for Wolters Kluwer Financial, said: ComplianceOne gives banks a lot of compliance capability in a simple, easy-to-use format. Wolters Kluwer Financial Services is excited about the opportunity to provide Alabama Bankers Association members with access to our industry leading compliance content through ComplianceOne’s technology platform, which was created using the best capabilities from our existing ARTA, Rembrandt and GulfPak solutions.
