MINNEAPOLIS -

Wolters Kluwer’s lien solutions recently earned two major industry awards for its iLien Motor Vehicle product innovation, adding to its quickly filling mantle.

The company won a Gold-level Globee Award in the Fintech and Information Technology Innovation category as well as an International Business Awards (IBA) Bronze-level Stevie Award in the Best Financial Services Solution category.

These recognitions mark the third and fourth award accolades given this year in connection with iLien Motor Vehicle, and the seventh industry award in 2019 for the company’s lien solutions business.

Launched in 2018, iLien Motor Vehicle can deliver a single point of management for processing and managing motor vehicle titles. As a cloud-based SaaS, iLien Motor Vehicle is focused on meeting finance company’s everyday requirements, helping solve the most unique and complicated challenges in title perfection.

“Our longstanding leadership in lien management served as the catalyst behind iLien Motor Vehicle,” said Raja Sengupta, executive vice president and general manager of Wolters Kluwer’s Lien Solutions. “This solution addresses many motor vehicle title processing pain points, rooting out complexity, saving time, reducing risk, and ultimately producing better outcomes for lenders and their customers.

“We are pleased by the continued, independent market recognition that this innovation has received, not only from our clients but through accolades such as these two prestigious awards,” Sengupta continued in a news release.

Now in its sixth year, the Globee Awards is a peer-reviewed award program that celebrates the achievements of individuals and businesses worldwide across multiple industries. As part of the Stevie Awards competition, founded in 2002, the International Business Awards (IBA) are open to all organizations worldwide, and include categories to honor accomplishments in all aspects of work life.