Press Release

Wolters Kluwer Financial Services Unveils TSoftPlus SBA Lending Solution

MINNEAPOLIS – Feb. 3, 2011 – Wolters Kluwer Financial Services announced the launch of its TSoftPlus™ Small Business Administration (SBA) lending solution to help banks and credit unions originate SBA loans more rapidly and efficiently while meeting all SBA program guidelines and regulatory requirements. The new solution builds upon the company’s TSoft SBA FormMaster+ software that financial institutions have come to rely upon for efficient and compliant SBA loan processing for more than 15 years.

TSoftPlus builds upon Wolters Kluwer Financial Services’ prior solution by offering institutions an updated browser-based user interface that is easier to navigate. It can be accessed via a bank or credit union’s intranet and is fully-scalable for single or multiple organizations. Because it is browser-based, the solution does not require additional installations or updates on each workstation when new versions are released. And because the bank or credit union hosts the software and all borrower data on its own Intranet, it controls the security of this information.

The TSoftPlus solution also utilizes Wolters Kluwer Financial Services’ automatic document selection technology to produce easy-to-use, PDF loan files for e-mail, printing and submission to the SBA. The solution can fully integrate with the SBA’s Authorization Wizards using Microsoft Word®, which allows banks and credit unions to submit loan applications and receive approvals through the SBA’s E-Tran system. In addition, banks and credit unions can also perform financial analysis in Microsoft Excel, which is integrated within the solution.

“TSoftPlus provides us with everything we need to quickly and easily complete a compliant SBA loan application,” said Shannon Vinson, vice president, National Bank of California. “The fact that when we’re all done, we just have to click ‘send’ to deliver it electronically to the SBA is icing on the cake.”

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services is a comprehensive regulatory compliance and risk management business that helps financial organizations manage operational, compliance and financial risk and reporting, and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include: FRSGlobal, ARC Logics for Financial Services, PCi, Compliance Resource Network, Bankers Systems, VMP® Mortgage Solutions, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services supports its global customers with offices in more than 20 countries and is a leading worldwide provider of compliance and risk management solutions for the financial services industry, serving more than 15,000 banking, insurance and securities customers across the globe. Wolters Kluwer Financial Services is part of Wolters Kluwer, a leading global information services and publishing company with annual revenues of (2009) €3.4 billion ($4.8 billion) and approximately 19,300 employees worldwide. Please visit our website for more information.