Wolters Kluwer Compliance Solutions launched iLien Borrower Analytics, an AI-powered offering that helps lenders streamline the associated processes of lien search and due diligence when onboarding borrowers. The solution analyzes UCC (Uniform Commercial Code) search documents and delivers actionable intelligence reports in a timely, compliant manner, representing the latest innovation in Wolters Kluwer?s portfolio of award-winning, automated lending solutions. iLien Borrower Analytics compiles critical information about a debtor?s collateral assets used to secure their commercial loans?

lien positions, and other risk factors, in addition to the public records data extracted by its iLien UCC search. iLien Borrower Analytics generates an organized chain of filings to show the current status of collateral assets and parties for active liens. Its functionality helps shift the onboarding process from an internal staff focus to one that is technology-driven, helping minimize the time-consuming and often labor-intensive review of asset documents, reducing manual processes and providing lenders with actionable insights based on the intelligence gleaned from key UCC analysis about the borrower?s assets.

Those insights allow lenders to make better and faster lending decisions.