Citizens Bank of Oklahoma Selects Wolters
Kluwer Financial Services’ ComplianceOne
Solution
Bank Utilizes Solutions’ Dynamic and User-Friendly Features for Quick, Accurate and Compliant Lending
Transactions
June 17, 2010 10:13 AM Eastern Daylight Time
MINNEAPOLIS--(EON: Enhanced Online News)--Citizens Bank of Oklahoma announced today it has turned to
Wolters Kluwer Financial Services and the company’s ComplianceOne™ solution to help the bank manage
regulatory and operational risks. Citizens Bank is using the company’s solution to document lending transactions
quickly, accurately and in compliance with all federal and state regulations.
Jane Adler, vice president for Citizens Bank, says her institution takes full advantage of ComplianceOne’s ability to
help it customize documents specific to each loan transaction.
“Many of our business loans are extremely complex and a cookie cutter approach to documenting them just won’t
work,” Adler said. “Unlike many technology solutions, ComplianceOne provides us with the ability to make all of the
necessary changes to lending documents within the system. That’s much easier and faster than leaving it, making the
changes to the documents manually outside, and then pushing them into the system.”
Adler says ComplianceOne’s user-friendly approach makes it simple for her staff to document every lending
transaction accurately and in compliance with all regulatory requirements.
“It flows very well,” Adler said of ComplianceOne. “It moves us through the documentation we need to complete
based upon the specific transaction and jurisdiction and it helps us make sure we enter the correct and necessary
information every step of the way.”
ComplianceOne, is built upon the trusted experience and knowledge behind Wolters Kluwer Financial Services’
Bankers Systems solutions and offers institutions seamless access to many of the company’s PCi compliance
analytics solutions. For more information on ComplianceOne, please visit the solution’s Web site.
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