MINNEAPOLIS – Wolters Kluwer Financial Services has partnered with legislation monitoring and reporting provider State Net to launch CompliTrack, a new feature on the CompliSource platform.

“By providing a heads-up on pending legislation, CompliTrack helps finance companies, banks and other lenders understand and prepare for changes that could have a significant impact on their business,” said Kevin Kopp, vice president and general manager of indirect lending at Wolters Kluwer.

CompliSource is comprised of modules containing comprehensive information about laws governing specific areas of mortgage lending, consumer direct lending and indirect consumer finance. CompliTrack was designed to help finance companies and other lenders track pending legislation affecting the financial industry.

“Through this new relationship with Wolters Kluwer Financial Services, we’re able to offer CompliSource users the added benefit of accessing timely and accurate information prior to enactment,” said Justin Chapman, Executive Director of State Net’s Legal and Publishing Business Unit. “This will help them stay current with the latest statutory and regulatory information.”