Wolters Kluwer Governance, Risk & Compliance (GRC) has signed an agreement to acquire eOriginal for approximately €231 million ($280 million) in cash, officials said.
eOriginal is a leading provider of cloud-based digital lending software.
“Borrower preferences, competition among lenders, and changing regulations are driving increased digitization of the lending workflow. eOriginal is well-positioned to take advantage of these systemic trends,” said Steven Meirink, executive vice president and general manager of Compliance Solutions for Wolters Kluwer GRC. “The acquisition positions us as the leading provider of digital lending solutions, spanning all workflows from loan approval, to document details ⇒
BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com