Wolters Kluwer’s ELM Solutions Introduces Application Management Services

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Wolters Kluwer’s ELM Solutions Introduces Application Management Services


HOUSTON–(BUSINESS WIRE)–Wolters Kluwer’s ELM
Solutions
 announced the availability of its Application Management
Services, a set of managed services designed to drive efficiency,
control costs, and improve outcomes in corporate legal and claims
departments by strategically optimizing the Passport®
orTyMetrix®
360°
solutions. As corporations seek innovative ways to solve
business challenges, ELM Solutions has expanded its expert services
portfolio to help clients maximize internal resources and their
technology investments.

Global investment banking firm Jefferies LLC is one of ELM Solutions
Application Management Services pilot customers. “Jefferies relies onTyMetrix
360°
to manage our legal spend and e-billing processes. Our ELM
Solutions system expert has helped us better navigate and enhance the
administration of our billing,” said Vicki Andreadis, Assistant General
Counsel, Jefferies LLC. “We are now smarter about how we manage our
legal department, which will ultimately result in real substantial cost
savings down the line.”

The suite of Application Management services includes System
Administration, Solution Operations, and Report Development. Designed to
help deliver better legal outcomes and department efficiency, these
services offer legal and claims department’s flexible support to manage
their Passport®
orTyMetrix®
360°
solutions. With the help of these service experts, customers
can more quickly adapt to changing business needs, effectively plan for
short and long-term initiatives, and efficiently handle surges in work.

“By working intimately with our customers in legal and claims
departments, we feel the pressure they face not only to attain favorable
legal outcomes but also to improve efficiency within their
organizations,” said Jonah Paransky, Executive Vice President and
General Manager for Wolters Kluwer’s ELM Solutions. “The launch of our
Application Management Service offerings provides our clients a deeper
level of expertise and knowledge that will allow them to optimize their
technology investment and ensure their teams can remain focused on their
vital business responsibilities.”

Wolters Kluwer’s ELM Solutions is the market-leading provider of
enterprise legal spend and matter management and legal analytics
solutions. Corporate legal and insurance claims departments and their
law firms worldwide trust our flexible, multi-solution approach to help
ensure compliance, control costs and collaborate more effectively. This
includes Passport®,
the highest rated ELM solution in the 2017 Hyperion Marketview™ Legal
Market Intelligence Report; TyMetrix®
360°
, the industry’s leading SaaS-based e-billing and matter
management solution; and the LegalVIEW® portfolio
of legal analytics solutions based upon the industry’s largest and most
comprehensive legal spend database, with more than $128 billion in
invoices.

About Wolters Kluwer Governance, Risk & Compliance
Governance,
Risk & Compliance (GRC) is a division of Wolters
Kluwer
, which provides legal and banking professionals with
solutions to ensure compliance with ever-changing regulatory and legal
obligations, manage risk, increase efficiency, and produce better
business outcomes. GRC offers a portfolio of technology-enabled expert
services and solutions focused on legal entity compliance, legal
operations management, banking product compliance, and banking
regulatory compliance.

Wolters Kluwer (AEX: WKL) is a global leader in information services and
solutions for professionals in the health, tax and accounting, risk and
compliance, finance and legal sectors. Wolters Kluwer reported 2018
annual revenues of €4.3 billion. The company, headquartered in Alphen
aan den Rijn, the Netherlands, serves customers in over 180 countries,
maintains operations in over 40 countries and employs 19,000 people
worldwide.

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