Wolters Kluwer acquires Compliance Tools Inc.Wolters Kluwer Wolters Kluwer N.V. (Euronext: WKL) is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. recently acquired Compliance Tools Inc., a provider of regulatory compliance surveillance software for the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry New York-based CTI (Computer Telephone Integration) Combining data with voice systems in order to enhance telephone services. For example, automatic number identification (ANI) allows a caller's records to be retrieved from the database while the call is routed to the appropriate party. , www.compliance-tools.com, will become part of CCH CCH Colegio de Ciencias y Humanidades (Spanish) CCH Certified Clinical Hypnotherapist CCH Cook County Hospital CCH Certified in Classical Homeopathy CCH Country Club Hills (Fairfax City, VA, USA) Incorporated, www.cch.com, Riverwoods, Illinois, a leading provider of tax, securities and business law information and software, and a Wolters Kluwer North America company. Terms of the sale were not released. CTI offers three products for the financial services markets targeting both the buy and sell sides of trading. CTI Examiner software ensures that personal trading activities are in compliance with federal regulations and individual trader restrictions. CTI Portfolio BlackEox is a pre-trade compliance engine for asset managers that supports a wide variety of tests and maintains rules across multiple asset classes. CTI rList is an enterprise-wide software designed for organizations that need to maintain surveillance of their employees' personal trading against restricted lists. Clients include financial management firms, investment banks The following is a list of investment banks Financial conglomerates Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance. , mutual funds, and related financial service businesses. The CCH acquisition of Compliance Tools follows by only one month its purchase of National Media Technologies, a provider of digital document conversion and filing services for securities compliance (NLINL 3/15/02). CTI had 2001 fiscal year revenues of approximately $1.3 million and employs 13 people. CTI was founded in 1997 to develop and market online compliance software. CCH, 2700 Lake Cook Rd., Rivenvoods, IL 60015, 847-267-7000, www.cch.com. |
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