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Press Releases

Second Image Credits CT TyMetrix for e-Invoicing Success

Intelligent Records Management Provider Utilizes T360° to Reduce Time-to-Payment and Enhance Customer Relationships

HARTFORD, Conn. – Aug. 31, 2010 – CT TyMetrix, the premier provider of Web-based legal operations management solutions for corporate law departments and claims organizations, today announced that Second Image, a provider of subpoena services, photocopying, document management and distribution services to the legal, insurance and general business communities, has successfully utilized the T360° e-invoicing platform to process invoicing and receipt of payments with unprecedented reduction in turnaround time. CT TyMetrix is a part of Wolters Kluwer Corporate Legal Services.

In 2008, Second Image was approached by one of its leading insurance industry customers requesting that the company use CT TyMetrix’s T360° solution when sending invoices because of its fast turnaround time. After commissioning CT TyMetrix to process payments, the implementation, testing and go live for T360° went rather quickly and Second Image began sending invoices through the platform to its insurance customer. In an industry that is known to take four to 12 weeks or more to pay bills, T360° has reduced Second Image's payment cycle down to two to three weeks, having a profound impact on the company’s cash flow.

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eBay Chooses CT TyMetrix for Matter Management and e-Billing

World's Largest Online Marketplace to Rollout Legal Spend Management Platform to Legal Department and Firms Across the Globe

HARTFORD, Conn. – Aug. 23, 2010 – CT TyMetrix, the premier provider of Web-based legal operations management solutions for corporate law departments and claims organizations, today announced that eBay, the world's largest online marketplace with more than 90 million active users, has chosen CT TyMetrix 360° as its global legal spend management platform. eBay's selection of CT TyMetrix comes on the heels of other large, global companies, including the Royal Bank of Canada and Royal Philips Electronics choosing to work with the company – furthering its reputation as the de facto legal spend management experts. CT TyMetrix is a part of Wolters Kluwer Corporate Legal Services.

As eBay's legal department works with more than 250 law firms around the world, it was looking for a product that could provide it with robust e-billing functionality, a proven track record of success and straight-forward integration into its existing financial environment. After a competitive search, eBay chose the CT TyMetrix 360° e-billing and matter management tools to help it manage its legal operations more efficiently and at lower cost. CT TyMetrix 360° will provide eBay with access to customized financial reporting, integration with its existing accounts payable systems and support to align in-house counsel with the many law firms it works with across the globe.

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CT Lien Solutions Launches UCC Blog for Lenders and Law Firms Involved in Secured Lending, Due Diligence, M&A and More

Blog & Industry Community Created as Resource on Risk Mitigation, Regulation Changes and UCC Revised Article 9, Among Other Topics

NEW YORK – August 10, 2010 – CT Lien Solutions, the most comprehensive provider of lien management, debtor due diligence, monitoring and risk management solutions to lenders, law firms and corporations, today announced the recent launch of its CT Lien Solutions Blog & UCC Industry Community. Readers from lenders, law firms and corporations will benefit from a continuously updated resource for information on trends, regulatory updates and more involving lien and position management, secured lending, the Uniform Commercial Code (UCC) and related topics. CT Lien Solutions is part of Wolters Kluwer Corporate Legal Services.

Keeping up-to-date with issues that impact the industry, the blog and its contributors provide updated industry news, insight and resources to familiarize readers via a series of postings regarding recent amendments to the UCC Revised Article 9, regulatory updates, best practices in debtor due diligence, and industry events and news. Information posted on the blog is provided by CT Lien Solutions and subject matter experts, guest contributors, clients and bloggers.

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CT Corsearch Acquires Edital

Acquisition Creates Best-in-Class Solutions for Global Brand Protection Needs; Combines Two Companies Recognized for Superior Service and Quality

NEW YORK and BRUSSELS – July 22, 2010 – CT Corsearch, the premier provider of clearance and protection solutions for trademark and brand professionals, today announced it's acquired Edital, the Questel trademark branch. This acquisition combines two industry-leading companies to create best-in-class solutions for managing a brand lifecycle globally–from creation to watching to protecting, maintaining and renewing a brand. Terms of the acquisition were not disclosed.

As business has become increasingly global, the need for multinational corporations to protect their brands around the world has also increased. This deal enables both companies to better serve the needs of multinational companies protecting their brands globally.

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Three Questions to Ask to Increase Performance and Proper Entity Management

CT Corporation Highlights Questions for Corporate Secretaries as Increased Regulatory Disclosures Brings Additional Complexity to Their Positions

NEW YORK – July 13, 2010 – The role of the corporate secretary has changed dramatically in the past few years. With increased regulatory disclosures bringing increased scrutiny to corporate compliance, the corporate secretary position has become more complex. According to CT Corporation, a business of Wolters Kluwer Corporate Legal Services, and the leading provider of registered agent services, corporate and secured transactions and corporate compliance as required by state and federal law, there are three entity management questions that corporate secretaries will have to answer in order to thrive in their new roles.

With large and small jurisdictions constantly changing their business laws throughout the country, it's more difficult than ever for large organizations to manage entities in multiple jurisdictions – and this arduous task is falling on the corporate secretary or similar roles within the organization. For every business law change that makes the national news, like the 2007 Arizona law stating that a business' licenses will be suspended or revoked if it knowingly hires unauthorized workers, there can be tens or hundreds of smaller changes that will not make the news, but may still threaten a business' ability to operate in a jurisdiction.

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CT Corporation and ACA International Expand Collaboration to Offer Quality Compliance Services for the Collections Industry

Companies Deepen Decade-Long Relationship to Provide ACA International Members with Business Licensing and Authorization Services

NEW YORK – July 12, 2010 – CT Corporation, part of CT, a Wolters Kluwer business, and the leading provider of registered agent services, corporate and secured transactions and corporate compliance as required by state and federal law, today announced that it has expanded its collaboration with ACA International to target collection agency compliance requirements.

CT Corporation and ACA International will work together to offer discounted business licensing and authorization services tailored specifically for the collections industry. ACA International members will benefit from access to CT Corporation's online entity management application, CTAdvantage, allowing them to manage entity vitals, track jurisdictional requirements and access more than 3,500 state forms and e-filings.

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