Wolters Kluwer Compliance Solutions and Lightico are collaborating to leverage the capabilities of Wolters Kluwer’s eOriginal product suite of digital lending tools, including its eVaulting technology, to enhance Lightico customer transactions. The alliance strengthens Lightico’s next-generation digital completion platform, which supports millions of insurance, automotive, telecom and financial interactions.
With native integration between the platforms complete, customers using Lightico’s Digital Completion Cloud for end-to-end customer interactions now have access to eVaulting capabilities to ensure digital loans are compliant for all parties involved in an initial transaction and trusted by the secondary market ecosystem for whole loan sale, collateralization and securitization.
“As digital interactions across the financial services industry grows, complete solutions are more important than ever to ensure a smooth, easy journey for consumers and a compliant and flexible platform for businesses,” Steve Meirink, executive vice president and general manager for Wolters Kluwer Compliance Solutions, said. “We’re excited to partner with Lightico, bringing our proprietary technology that enables Digital Originals into its system and providing best-in-class eVaulting inside a fast and efficient digital process. These capabilities ultimately help them better serve their lending customers.”
“To successfully digitize your processes, speed and efficiency are just as important as the ability to store documents in a fully compliant fashion, which is why this partnership with Wolters Kluwer eOriginal is key to further bolstering Lightico’s offering for its clients,” Zviki Ben Ishay, CEO and co-founder of Lightico, said. “Furthermore, this partnership fills a critical need for many financial institutions on secondary financial market transactions.”