Solex Offers Wolters Kluwer
Financial Services’
Red Flags Tool Kit to RV and Marine Dealerships
MINNEAPOLIS – 3/23/2009 – Wolters Kluwer Financial Services announced today that Solex, which provides technology to help the RV and marine industries streamline the finance and insurance (F&I) process, will offer its Red Flags Tool Kit to RV and marine dealerships across the U.S.
Wolters Kluwer Financial Services’ Red Flags Tool Kit for Dealerships helps dealers understand what they need to comply with the Red Flags Rules, which require them to have an identity theft prevention program in place by May 1, 2009. The Tool Kit provides all of the resources to help dealers implement a program, including checklists, printable forms and templates that help record and report Red Flags according to the Federal Trade Commission (FTC) requirements.
“Understanding Red Flags requirements and ensuring their organization is compliant is a very time-consuming process for dealerships,” said Steve Butler, president and CEO, at Solex. “Wolters Kluwer Financial Services’ Red Flags Tool Kit makes preparing for the May 1 deadline much easier by providing an overview of the rules and how they apply to a dealer’s business.”
“Lenders won’t be able to conduct business with dealerships that do not meet the new requirements—it’s that simple,” said Kevin Kopp, senior director and general manager of Indirect Lending at Wolters Kluwer Financial Services. “The Red Flags Tool Kit shows dealers the steps they can take to build a successful identity theft prevention program, which allows them to maintain strong relationships with the lenders that fund their customers’ loans.”
About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services is part of Wolters Kluwer, a leading global information services and publishing company with annual revenues of (2008) €3.4 billion ($4.9 billion) and approximately 20,000 employees worldwide. Please visit our Web site for more information.
About Solex
Solex (Idaho Falls, Idaho) is an online lending solution that was designed for dealers and provides Finance and Insurance (F&I) managers with instant loan approvals, an aftermarket menu solution and compliant loan documents. Solex connects dealers, credit bureaus and lenders in a seamless integration to provide multiple financing options. All loan documents are guaranteed to be in compliance with lender and state guidelines and are compatible with all laser printers. For additional information about the services Solex provides or the Red Flags Tool Kit offered by Solex, please visit our Web site.
“I've been very pleased with the new Solex online finance program that has allowed me to submit applications online and most importantly to print documents. This option has been a vital time saving element and the reason I elected to sign up with Solex. Steve and Stephanie as well as Derek have been absolutely wonderful in addressing questions, issues, or missing items I've come across while learning and using the program. When I have specific needs they have taken the time to amend the program to meet these needs to my satisfaction. I highly recommend their services.”Click for more information or a demo
