Press Release

Waltham , Mass. – July 10, 2008 – Wolters Kluwer Financial Services, through its line of PCi compliance analytics solutions, announced today details of the 2008 CRA & Fair Lending Colloquium. The unique event is an opportunity for senior compliance executives to discuss top regulatory compliance and risk management concerns with industry leaders and regulators, and will take place Oct. 26 through Oct. 29 at Loews Portofino Bay Resort in Orlando, Fla.

Among the many noteworthy industry experts that will speak at this year’s Colloquium are:

• Sandra Braunstein, director of the Federal Reserve Board’s (FRB’s) Division of Consumer and Community Affairs;
• Tim Burniston, assistant director of the FRB’s Division of Consumer and Community Affairs;
• Glenn Canner, senior advisor for the FRB’s Research and Statistics division;
• Robert W. Mooney, deputy director for the Federal Deposit Insurance Corporation’s Division of Supervision & Consumer Protection;
• Scott M. Polakoff, senior deputy director and chief operating officer for the Office of Thrift Supervision (OTS);
• Montrice Godard Yakimov, managing director for Compliance and Consumer Protection for the OTS; and
• Senior officials from the Department of Justice, Department of Housing and Urban Development and the Federal Trade Commission

In addition, Stacey Tisdale, financial expert for NBC’s Today Show and correspondent with the PBS television show American Consumer, and the author of "The True Cost of Happiness", will speak on the importance of financial literacy in today’s financial services marketplace.

With more than 20 sessions and 60 plus speakers currently scheduled, the 2008 Colloquium will cover a variety of industry topics related to the Community Reinvestment Act (CRA), Home Mortgage Disclosure Act (HMDA) and fair and anti-predatory lending guidelines. In addition, several sessions will address the topics of anti-money laundering and fraud prevention.

“The Colloquium is very dynamic and a very positive learning experience,” said Jan Maxwell, vice president and CRA officer for Chevy Chase Bank, and a past Colloquium attendee. “It provides a blueprint for future success.” Other such testimonials from past attendees can be found on the Colloquium Web site.

“Given the continued subprime mortgage crisis, the increasing amount of money laundering and fraudulent activity in the financial services industry and the ever-changing bank regulatory environment, the 2008 CRA & Fair Lending Colloquium is an event senior compliance professionals can not afford to miss,” said Raffi Festekjian, chief executive officer of Wolters Kluwer Financial Services PCi line of compliance analytics solutions. “Attendees will receive the rare opportunity to learn from industry leaders and various regulators on how their organizations can comply with regulations in practical ways that will allow and in many cases, even help them grow their businesses.”

Colloquium attendees may also sign up for two pre-conference sessions covering Fair Lending Essentials and CRA Essentials. And they can learn about proven community development programs by signing up for the pre-conference community caravan. Attendees will tour sites in Orlando and hear from community administrators about their programs and how they partnered with the community on complex financial arrangements and obtained funding to provide needed services within the community.

The 2008 Colloquium is sponsored by the American Bankers Association (ABA) and Independent Community Bankers of America (ICBA). Attendees can earn credit toward the ABA’s Certified Regulatory Compliance Manager (CRCM) professional designation.

For more information on registration, the complete current agenda and list of speakers or a complimentary press pass, visit the Colloquium Web site at www.cracolloquium.com.

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, GulfPak, Desert Document Services®, AppOne®, GainsKeeper®, CCH® Capital Changes, NILS, AuthenticWeb™ and CCH® Wall Street.

Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and workflow tools, documentation, analytics, authoritative information and professional services. Customers include banks, credit unions, mortgage lenders and securities and insurance organizations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit www.WoltersKluwerFS.com.

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2007) of €3.4 billion ($4.8 billion), maintains operations in over 33 countries across Europe, North America, and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Visit www.WoltersKluwer.com for information about our market positions, customers, brands and organization.