Information Today
Volume 18, Issue 2 February 2001
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Wolters Kluwer North America Acquires IHS Financial Information, Inc.

Wolters Kluwer North America has announced that it has acquired the assets of IHS Financial Information, Inc. from IHS Group of Englewood, Colorado. The unit will become part of CCH, Inc. of Riverwoods, Illinois, a leading provider of tax and business law information and software and a Wolters Kluwer North America company. Terms of the agreement were not disclosed.

IHS Financial Information provides information and tools that assist financial services organizations in complying with complex business laws and regulations. Its products are supported by an extensive database of timely and accurate primary source information, including laws, regulations, and forms. Attorneys, compliance officers, auditors, managers, and other professionals in the banking, securities, and credit industries depend on the products to manage their day-to-day compliance functions.

Its online services feature libraries and databases that integrate information andcompliance tools for specialized financial service categories and include federal, community, and state banking libraries; securities regulatory libraries; a global capital market regulatory database; a credit union library; and the Securities Arbitration Commission, Inc./IHS online Arbitration Award Database.

According to the announcement, the IHS products will provide even greater breadth and depth to CCH's Business and Finance Group (BFG), which tracks, reports, explains, and analyzes federal and state law for an extensive line of securities, banking, insurance, and capital-changes information products and software. In recent years, the BFG has moved aggressively to create integrated product suites that meet the combined research, planning, and compliance needs of its legal, corporate, and financial institution customers.

Source: Wolters Kluwer North America, Chicago, 312/425-7000; http://www.wolters-kluwer.com.

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