WOLTERS KLUWER : > Marine Coast Financial Joins Wolters Kluwer Financial Services’ AppOne Platform

Minneapolis, MN (March 27, 2012) - Wolters Kluwer Financial Services announced today that Marine Coast Financial, which initiates financing for marine dealerships in the western United States, has joined the AppOne® platform.

AppOne helps to automate the indirect lending, credit approval and compliance processes for lenders and the dealerships they work with. Marine Coast Financial will use AppOne to help simplify the preparation of loan documents, automate credit application processing and connect its dealer customers with lending sources.

"With the current economic climate, we are continually looking for ways to help dealerships find the most affordable financing options for their customers and alleviate the burdens of complicated F&I functions," said Michelle Folsom, president at Marine Coast Financial. "By simplifying the loan origination process and helping us build relationships with more lenders, AppOne is a valuable tool in maintaining this goal."

"This new relationship is yet another example of our continued commitment to helping lenders and dealerships in the marine and recreational space ease compliance-related challenges and grow their business," said Jason Marx, vice president and general manager of Indirect Lending and Residential Lending at Wolters Kluwer Financial Services. "We are excited to work with Marine Coast Financial, which has a strong reputation for its dedication to the boating industry."

Wolters Kluwer Financial Services' Indirect Lending business monitors pending and enacted legislation that impacts the marine, auto and RV finance and dealer markets. The company's compliance documentation, software and services help both lenders and dealers mitigate risk and ensure new laws and regulations are embedded within their business operations. Prominent brands include AppOne®, Bankers Systems® and CompliSource.

For more information, visit www.wolterskluwerfs.com/indirect.

Whether complying with regulatory requirements, addressing a single key risk, or working toward a holistic risk management strategy, more than 15,000 customers worldwide count on Wolters Kluwer Financial Services for a comprehensive and dynamic view of risk management and compliance. Wolters Kluwer Financial Services provides audit, risk and compliance solutions that help financial organizations improve efficiency and effectiveness across their enterprise. With more than 30 offices in over 20 countries, the company's prominent brands include: FRSGlobal, ARC Logics for Financial Services, Bankers Systems, VMP® Mortgage Solutions, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™.Wolters Kluwer, a leading global information services and publishing company with annual revenues of (2011) €3.4 billion ($4.7 billion) and approximately 19,000 employees worldwide. Please visit our website for more information.

Jennifer Marso
Senior Director of Corporate Communications
Wolters Kluwer Financial Services
(+1) 612-852-7912
Jennifer.marso@wolterskluwer.com
On Twitter: @JenniferMarso