FOR IMMEDIATE RELEASE
Director of Communications
Wolters Kluwer Corporate Legal Services
CT Corporation Delivers Powerful UCC Search and Filing Technology, Enhanced for Law Firm Professionals
CTAdvantage is now equipped with the strength and flexibility of the iLien web application
NEW YORK – April 2, 2012 – UCC related work just became much easier for CT Corporation customers with the integration of the newly improved web application, iLien. iLien is a system tailored specifically for the specialized process of due diligence work and UCC filing. Law firm customers will now be able to manage lien portfolios and conduct UCC search and filing with greater ease and efficiency.
With accuracy and compliance tools and ease of use improvements, iLien, leveraged through CT Corporation’s traditional web platform CTAdvantage, delivers a comprehensive offering to legal professionals. This move demonstrates the type of innovation possible when two industry leaders, CT Lien Solutions and CT Corporation, both Wolters Kluwer companies, collaborate to solve important customer problems.
“Our paralegal customers are busier than ever. They told us they needed a better online system,” said Gene Lasky, EVP and general manager, CTLS. “ iLien has already established itself as the industry’s best web platform for UCC related work; it’s a natural fit. The integration of iLien provides for faster e-filings, more comprehensive public record searches and overall a more streamlined approach to due diligence.”
Reducing the number of steps necessary to complete UCC searches and filings, streamlining processes and customizing orders are the three central themes to the enhancement.
•Efficiency comes in the form of faster, more reliable e-filings, mass UCC filing submission, debtor and secured party recall, collateral template creation direct from filing, online fee estimator and historical filing data upload.
•Simplification can be found in the ability to create UCC-3 or copy filings from search results, annotated or flagging interactive reports, and the ability to reprint previous searches.
•Customization is realized through search packages, order screens and multiple storage points.
The integration of CTAdvantage and iLien is a result of Wolters Kluwer Corporate Legal Services’ steadfast focus to deliver best practices for its customers. Learn more at www.ctlegalsolutions.com.
About CT Lien Solutions
Providing comprehensive lien management, debtor due diligence and monitoring and risk management solutions, CT Lien Solutions partners with lenders, law firms and corporations to protect and optimize their security interests. CT Lien Solutions is a pioneer in lien lifecycle management processes, enabling more secured transactions than any other company in the United States. CT Lien Solutions delivers unmatched industry expertise, a full spectrum of products and outsourced services and a profound commitment to a personalized customer experience. For more information, visit the CT Lien Solutions website or follow @CTLienSolutions on Twitter. CT Lien Solutions is part of Wolters Kluwer Corporate Legal Services, the leader in legal process and business performance management. It delivers the people, products and processes to drive transparency, ensure accountability and provide organized, accurate and actionable information for legal, financial and insurance professionals. CLS’s business brands — CT Corporation, NRAI, BizFilings, Corsearch, CT Lien Solutions and TyMetrix — empower organizations to make better business decisions and be more efficient in today’s highly transparent business environment.
About Wolters Kluwer
Wolters Kluwer is a market-leading global information services company. Professionals in the areas of legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare rely on Wolters Kluwer’s leading information-enabled tools and software solutions to manage their business efficiently, deliver results to their clients, and succeed in an ever more dynamic world.
Wolters Kluwer had 2011 annual revenues of €3.4 billion, employs approximately 19,000 people worldwide, and maintains operations across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.