Wolters Kluwer Financial Services Acquires Assets of Stormwater Research Group

Aug 25, 2009

Wolters Kluwer Financial Services announced that the company has acquired substantially all of the assets of Austin, Texas-based Stormwater Research Group, provider of flood compliance solutions to banking and mortgage industries. By joining Wolters Kluwer Financial Services, Stormwater customers will now also have access to an up-to-date, online database that provides flood determinations. The combination also enables Wolters Kluwer Financial Services to offer existing Stormwater customers access to its other PCi compliance analytics solutions. Customers will also have access to the company’s financial crime control solutions and an expanded suite of Settlement Services.

(www.wolterskluwerfs.com, www.srgflood.com)