| Wolters Kluwer North America has announced that it has acquired the
assets of IHS Financial Information, Inc. from IHS Group of Englewood,
Colorado. The unit will become part of CCH, Inc. of Riverwoods, Illinois,
a leading provider of tax and business law information and software and
a Wolters Kluwer North America company. Terms of the agreement were not
disclosed.
IHS Financial Information provides information and tools that assist
financial services organizations in complying with complex business laws
and regulations. Its products are supported by an extensive database of
timely and accurate primary source information, including laws, regulations,
and forms. Attorneys, compliance officers, auditors, managers, and other
professionals in the banking, securities, and credit industries depend
on the products to manage their day-to-day compliance functions.
Its online services feature libraries and databases that integrate information
andcompliance tools for specialized financial service categories and include
federal, community, and state banking libraries; securities regulatory
libraries; a global capital market regulatory database; a credit union
library; and the Securities Arbitration Commission, Inc./IHS online Arbitration
Award Database.
According to the announcement, the IHS products will provide even greater
breadth and depth to CCH's Business and Finance Group (BFG), which tracks,
reports, explains, and analyzes federal and state law for an extensive
line of securities, banking, insurance, and capital-changes information
products and software. In recent years, the BFG has moved aggressively
to create integrated product suites that meet the combined research, planning,
and compliance needs of its legal, corporate, and financial institution
customers.
Source: Wolters Kluwer North America, Chicago, 312/425-7000; http://www.wolters-kluwer.com. |
