Cardinal Software, a provider of banking solutions, has selected Wolters Kluwer Financial Services as a preferred provider of lending technology.
The pair has also created an interface between the Cardinal/400 Core System and the lending functionality within Wolters Kluwer’s ComplianceOne solution.
ComplianceOne will enable Cardinal clients the to manage regulatory compliance risks tied to their lending lines of business using a single platform. By using the interface, Cardinal customers will be able to seamlessly transfer data between Cardinal’s core processing system and ComplianceOne, eliminating redundant data entry and reducing the number of associated errors, said Wolters Kluwer.
Cardinal Software will provide a suite of ancillary services to community banking industry. Cardinal/400’s will integrate with non-core applications and openly work with third party vendors.
Jace Day, CEO of Cardinal Software, said: We partnered with Wolters Kluwer Financial Services because the depth and breadth of their regulatory expertise behind ComplianceOne helps ensure our customers can address all of their lending compliance needs.
Wolters Kluwers has operations over 33 countries across Europe, North America and Asia pacific. It is headquarted in Amsterdam, the Netherlands.