Wolters Kluwer Compliance Solutions’ Samir Agarwal Named a 2020 Tech Trendsetter

HousingWire magazine’s annual award showcases excellence in financial technology leadership

NEW YORK--(BUSINESS WIRE)--Samir Agarwal, Vice President for Wolters Kluwer Compliance Solutions’ banking segment, has been named as one of HousingWire magazine’s 2020 Tech Trendsetters of the Year. Established in 2019, the Tech Trendsetters Award honors professionals who work to create, innovate, and improve on the technology used in the mortgage and real estate space.

Agarwal manages a team focused on helping banking institutions with less than $10 billion in assets navigate risk management and compliance decisions. He is responsible for overseeing a segment consisting of thousands of clients, providing solutions across multiple banking verticals. Most notably, Agarwal helped guide Compliance Solutions’ work this year in supporting main street lenders’ efforts to help facilitate access of critical Paycheck Protection Program (PPP) funds to small businesses across the country. By using the company’s TSoftPlus PPP technology offering, lenders were able to help small businesses retain more than one million U.S. workers’ jobs.

“Samir keenly understands the dynamic environment that these institutions face given today’s challenges, which range from historically low interest rates, the growing need for automation and, amid the COVID-19 pandemic, market demand for more ‘distance banking’ options, to name just a few,” said Steven Meirink, Executive Vice President and General Manager for Compliance Solutions. “He has been laser-focused on developing banking solutions that are helping local and regional lenders more effectively scale their operations, processes, and customer-facing offerings to help enable consumers and small business owners achieve important financial goals.”

Agarwal has 20-plus years’ experience as an executive-level, strategic financial services leader delivering exceptional results. Before joining Wolters Kluwer in 2017, he worked in executive roles with IBM, Assurant, and JP Morgan Chase, where he served as executive director in its consumer mortgage division.

At Wolters Kluwer, Agarwal has tapped his extensive product development background to create award-winning, market-differentiating banking offerings. Among those solutions are Vanceo Mortgage, a system specially developed to help smaller lenders manage and document a loan, and Online Loan Applications (OLA), a technology designed for smaller lenders seeking to extend their online/digital reach and provide a better customer experience for online lending inquiries.

Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks and credit unions, insurers and securities firms. The business, which sits within Wolters Kluwer’s Governance, Risk & Compliance (GRC) division, helps these financial institutions efficiently manage risk and regulatory compliance obligations, and gain the insights needed to focus on better serving their customers and growing their business.

Wolters Kluwer’s GRC division provides an array of expert solutions to help U.S financial institutions manage regulatory and risk obligations, including customized offerings to address COVID-19 challenges. Compliance Solutions’ Paycheck Protection Program Supported by TSoftPlus™ helps lenders’ customers access critical stimulus funding. Wolters Kluwer Lien Solutions’ iLien for Main Street helps lenders optimize their due diligence and lien management efforts when securing loans for small and medium-sized businesses under the Main Street Lending Program.

About Wolters Kluwer Governance, Risk & Compliance
Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.

Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2019 annual revenues of €4.6 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.