VMP Parent in Acquisition Mode

At their 2006 Summit in Las Vegas John Bryant, SVP of banking at Wolters Kluwer Financial Services, said that banking is one of two growth areas for the company this year, with the mortgage space being the most profitable division within the banking umbrella.In 2005 the WKFS brand was introduced, the company integrated its back-office operations, acquired doc prep vendor Entyre, launched new products such as SMART Doc delivery to Freddie Mac and a bilingual initiative, and adopted a Six Sigma approach. In 2006 Mr. Bryant shared three goals: first, the company intends to continue to invest in its existing brands; second, WKFS plans to increase its mortgage technology portfolio by embarking on several acquisitions and strategic partnerships; and lastly, WKFS will integrate its systems to allow for a more seamless environment to allow for more cross selling opportunities.