Wolters Kluwer’s Lien Solutions has won three notable industry awards, recognizing excellence and innovation. US Business News has named the company Lien Management Technology Provider of the Year, 2018, as parts of its Technology Elite awards series. Corporate Vision magazine, meanwhile, has named the company “Best for Lien Services, 2018,” with Lien Solutions also being recognized with a silver medal for Best New Product Feature of the Year in the 2018 Best In Biz awards.
All three accolades recognize the superior technology and user functionality of iLien, a market-leading, web-based tool that gives lenders the ability to conduct public record searches, retrieve and view Uniform Commercial Code (UCC) filings and corporate records, create filings and keep track of their entire loan portfolio. iLien’s new Manage capabilities provide holistic view of the lien portfolio that gives lenders clear understanding of issues that could compromise their protections in real time.
“It is particularly pleasing to receive broad based industry recognition of our market leading products and services, receiving independent validation of our nearly 30-year commitment to innovation and technologies that help empower lenders to mitigate risk and operate more efficiently,” said Raja Sengupta, Executive Vice President and General Manager of Wolters Kluwer’s Lien Solutions. “iLien’s Manage function offers a better, more proactive automated way to mitigate our customers’ risk and protect their portfolios, providing lending organizations with the most advanced, complete, one-stop lien management platform in the market.”
Lien Solutions, which is part of Wolters Kluwer’s Governance, Risk and Compliance division, provides data for clients researching organizations during the lending process and works with lenders to secure and protect their legal interests. Lien Solutions places an emphasis on managing the lien process amidst the ever-changing compliance environment and across multiple jurisdictions throughout the lifecycle of a loan. It has more than 3,000 clients including many of the largest and most sophisticated banks, equipment leasing financers, and other organizations creating and managing liens.
Additionally, in 2018, Lien Solutions won a Bronze award in the New Products and Services category of the 2018 Golden Bridge awards, and a Bronze American Business (Stevie®) Award, in the category of “Service Department of the Year – Business Services.
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