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Source One Chooses Wolters Kluwer Financial Services’ AppOne Platform

Platform to help simplify and automate the finance process for Source One’s dealer customers

Wolters Kluwer Financial Services announced today that Source One Financial Services Inc. has chosen its AppOne platform to help simplify and automate the finance process for Source One’s dealer customers.

Source One is a marine and RV loan origination company, serving more than 800 dealers throughout the Midwest. AppOne will help the company automate indirect lending, credit approval and compliance processes to more quickly finalize loan packages for dealers of new and used boats and RVs.

“By streamlining credit application submission, lender program evaluation, and the creation of compliant documentation, we will enable dealers to enhance service, improve customer retention and maximize their sales potential,” said Matthew Nelson, president and CEO at Source One. “At the same time, AppOne’s technology and services help our network of financial institutions streamline indirect originations with our dealers.”

“AppOne’s web-based technology is designed to help dealers, lenders and F&I service providers relieve their compliance burden and increase operational efficiency,” said Lee Domingue, CEO of Indirect Lending at Wolters Kluwer Financial Services. “We look forward to helping Source One strengthen relationships with the dealers and lenders it does business with and supporting its growth efforts.”

About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services is a comprehensive regulatory compliance and risk management business that helps financial organizations manage operational, compliance and financial risk and reporting, and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include: FRSGlobal, ARC Logics for Financial Services, PCi, Compliance Resource Network, Bankers Systems, VMP® Mortgage Solutions, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services supports its global customers with offices in more than 20 countries and is the leading worldwide provider of compliance and risk management solutions for the financial services industry, serving more than 15,000 banking, insurance and securities customers across the globe.

About Source One Financial Services Inc.
Since February of 1999, Source One Financial has grown to become one of the top Marine and RV loan originators in the Midwest. Our success has been driven by our valued dealer network and supporting financial institutions. We strive to provide the highest level of service to both, so in the end we can ensure that the consumer has an enjoyable buying experience.