Wolters Kluwer Acquires Financial Tools – NMP Skip to main content

Wolters Kluwer Acquires Financial Tools

Jan 06, 2014

Wolters Kluwer Financial Services has announced that it has acquired Financial Tools Inc., the provider of CASH Suite—an enterprise-wide financial analysis and credit risk management solution for U.S. commercial lenders. The addition of Financial Tools enables Wolters Kluwer Financial Services to provide U.S. community and regional banks and credit unions with the ability to manage financial performance and grow profitability with straight through processing across their commercial loan origination, servicing and regulatory reporting processes. Together, the two companies will build upon their shared commercial lending and risk management expertise to help financial institutions accelerate commercial loan origination, increase efficiency in loan servicing and achieve regulatory compliance. Commercial lending has emerged as one of the few business areas in which financial institutions can grow revenue profitably in today’s marketplace. In the past two years, commercial loans held by FDIC-insured financial institutions increased by $330 billion. However, taking advantage of this opportunity presents institutions with numerous challenges, including higher transaction volumes and narrower margins, fewer in-house resources and intensified regulatory scrutiny. “The addition of Financial Tools enables us to offer commercial lenders the comprehensive solutions they need to drive commercial lending growth,” said Brian Longe, CEO for Wolters Kluwer’s Financial & Compliance Services division. “With access to the critical data they need, when they need it, lenders can improve performance with straight through processing and more effectively manage risk at the transactional level. And we’ll help them use that same data to obtain enterprise-level views of their customer bases and businesses thereby enhancing long-term profitability.” More than 600 U.S. banks and credit unions utilize Financial Tools’ CASH Suite. These solutions enable institutions to automate and streamline tasks like business development, financial analysis, risk management and pricing, credit communications and approvals, covenant compliance tracking, portfolio management, stress testing and in-depth reporting. Wolters Kluwer Financial Services’ proficient origination and workflow capabilities and built-in compliance content in the ComplianceOne loan and deposit origination solution will be fully-integrated with the comprehensive commercial lending capabilities of CASH Suite. “Joining Wolters Kluwer Financial Services means that our customers will have access to a broader array of risk management and business workflow solutions,” said Dave Kampff, president and CEO of Financial Tools. “Together, we’ll be able to meet the complex, changing needs of commercial lenders now and as their organizations grow.”
About the author
Published
Jan 06, 2014
Newrez Expands Into Personal Loans, Deepening Ties With Upgrade

The launch builds on a $1.5 billion loan investment relationship between parent Rithm Capital and Upgrade, extending Newrez's push beyond traditional mortgage lending

Nov 12, 2026
Better's Mortgage Volume Rises 15%, But Losses Persist

Better is targeting a bigger share of wholesale lending, with plans to expand into Non-QM and conventional mortgages

Nov 10, 2026
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026