Home / Headlines / Wolters Kluwer Launches Portfolio Management Solution
Print This Post Print This Post

Wolters Kluwer Launches Portfolio Management Solution

Wolters Kluwer Lien Solutions has introduced Portfolio Sync a lien management solution designed for lenders who use multiple methods of submitting Uniform Commercial Code (UCC) filings. As an addition to iLien, Lien Solutions’ flagship lien management product, Portfolio Sync combines customers’ existing iLien filings with public records data into one view, providing greater visibility into one’s entire lending portfolio—and identifies associated gaps that may require risk mitigation or other actions to maintain a lender’s secured interests.

“Many lenders use multiple methods to submit UCC filings, including law firms, title companies, secretary of state offices, or third-party providers,” noted Nasser Ansari, Director, Product Management, Lien Solutions. “But this fragmented approach makes it harder to maintain an accurate, holistic view of your filings and to analyze your overall lien portfolio health, much less take corrective actions if needed. Portfolio Sync mitigates the risks posed by gaps in lenders’ filing portfolios, providing a single, web-based access point to manage all of one’s filings, regardless of how or with whom they were filed.”

Portfolio Sync provides visibility of all filings in one place, making it easier to take any necessary actions and reducing risk to a lending portfolio. This unique and innovative capability is a brand new addition to iLien.

Wolters Kluwer’s Lien Solutions processes one in every three U.S. UCC financing statements filed at the state level. Its flagship iLien solution is a web-based tool that gives lenders the ability to conduct public record searches, retrieve and view actual UCC and corporate records, create filings, and keep track of their entire portfolio. The iLien offering includes full analytics, reporting, monitoring, and auto-continuation capabilities, improving lenders’ ability to holistically view lien portfolios in a way that helps mitigate risk and improves the quality and efficiency of a lender’s operations.

About Author: Radhika Ojha

Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas.
x

Check Also

Investing in Short-Term Rentals

Short-term rental companies such as Airbnb are creating significant traction in the rental investment market. Learn what investors need to look out for when getting in to STR.

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.