WOLTERS KLUWER : > National Independent Automobile Dealers Association (NIADA) Expands Relationship with Wolters Kluwer Financial Services

The NIADA strategically chose Wolters Kluwer Financial Services for this program based on the company's history of serving the compliance and risk management needs of both dealerships and lenders. Wolters Kluwer Financial Services' Indirect Lending business monitors pending and enacted legislation to help dealers and lenders keep pace with the rapidly changing federal and state regulations and remain in compliance. The company's compliance documentation, software and services help both dealers and lenders mitigate risk and ensure new laws and regulations are embedded within their business operations. Currently, more than 700 lenders offering indirect lending programs across the U.S. use Wolters Kluwer Financial Services' risk and origination compliance services and accept its retail installment contracts, which are protected by a limited compliance warranty.

"Wolters Kluwer Financial Services is in a unique position to help our dealer members understand and interpret the regulatory landscape," said Scott D. Lilja, VP Member Services, NIADA. "The company's intuitive tools and compliant contracts help dealers to improve the lending process and reduce operational risks, which in turn helps them strengthen and grow their business."

"We are very pleased to expand our relationship with the NIADA and find ways to help more dealers remain profitable by maintaining good risk and compliance management and building strong relationships with lending sources," said Jason Marx, general manager, Indirect and Residential Lending, Wolters Kluwer Financial Services.

For more information, visit www.wolterskluwerfs.com/indirect.

About NIADA

The National independent Automobile Dealers Association (niada.com) has represented the used motor vehicle industry since 1946. NIADA assists its members in becoming more successful and is the industry's legislative representative for protecting dealer and consumer interests. The association consistently generates valuable industry education and information, along with services and benefits designed to prepare members for an ever-changing marketplace. As a consumer-friendly association, automotive consumer information can be found at autoconsumer.tv.

About Wolters Kluwer Financial Services

Whether complying with regulatory requirements, addressing a single key risk, or working toward a holistic risk management strategy, more than 15,000 customers worldwide count on Wolters Kluwer Financial Services for a comprehensive and dynamic view of risk management and compliance. Wolters Kluwer Financial Services provides audit, risk, finance and compliance solutions that help financial organizations improve efficiency and effectiveness across their enterprise. With more than 30 offices in 20 countries, the company's prominent brands include: FRSGlobal, FinArch, ARC Logics for Financial Services, Bankers Systems, VMP® Mortgage Solutions, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™.Wolters Kluwer, a leading global information services and solutions provider with annual revenues of (2011) €3.4 billion ($4.7 billion) and approximately 19,000 employees worldwide. Please visit our website for more information.

Boiler Plate Content

Contact

Jennifer Marso
Senior Director of Corporate Communications
Wolters Kluwer Financial Services
([phone]
[e-mail]
On Twitter: @JenniferMarso

Charles Miller
Corporate Communications Manager
Wolters Kluwer Financial Services
([phone]
[e-mail]
On Twitter: @CharlesWMiller

Angela Peterson
Corporate Communications Manager
Wolters Kluwer Financial Services
([phone]
[e-mail]

Share

© Publicnow - 2013