SOURCE: CT Corporation

CT Corporation

December 17, 2012 10:00 ET

CT Corporation Announces Launch of Innovative Lien Management Charting Tool

New Tool IntelliChart™ Offers Legal Professionals a Quicker, Easier and More Cost Efficient Way to Summarize Lien Search Results

NEW YORK, NY--(Marketwire - Dec 17, 2012) - CT Corporation, in affiliation with CT Lien Solutions, the leading provider of lien lifecycle management services for law firms, lenders and leasing companies, today announced the launch of pioneering lien management tool, IntelliChart. This tool improves accuracy and streamlines the due diligence process by automating public records into dynamic charts that highlight critical information and eliminate extra steps. CT Corporation and CT Lien Solutions are part of Wolters Kluwer Corporate Legal Services.

IntelliChart is designed to provide paralegals with quick, comprehensive and accurate chart summaries of UCC search results, with collateral descriptions, links to document images and other time-saving features. This tool is the first to auto-populate chart content from the public record into the chart summary for reduced manual re-key leading to greater accuracy and time savings. Moreover, IntelliChart is the only chart of its kind to offer time savings in organization and analyzing results, as well as follow-up steps like filing UCC-3s.

"IntelliChart summarizes lien search information much quicker and with greater accuracy," said Sharon Patterson, Legal Assistant Supervisor, Goldberg Kohn LTD. "It has collateral descriptions, links to document images and other time saving features that allow me to work more efficiently."

This time saving equates to lower costs passed through to the law firm client. With IntelliChart, legal professionals can:

  • Review collateral descriptions as text directly in the chart (for some liens in certain jurisdictions); copy and paste language into a lien summary box
  • View document images from hyperlinks directly in chart
  • Effortlessly and accurately auto-create UCC-3s directly from the chart, individually or in bulk
  • Quickly organize priority liens with the "Highlight Liens" tool, which pulls highlighted lien summaries and document images into a separate schedule
  • Export the chart into the preferred file type -- Word, Excel or PDF -- along with copies of the liens in the correct order
  • Go mobile: IntelliChart is compatible with mobile tablets too

"Paralegals can spend anywhere from two to 50 hours per transaction, reorganizing search results into charts for attorneys, so accuracy and speed are top priorities," said Gene Lasky, general manager, CT Lien Solutions. "IntelliChart provides a chart solution that frees paralegals to do other work on their plates. This tool eliminates re-key steps and provides organizational and workflow tools, resulting in increased accuracy, a faster, easier process and reduced cost to the law firm client."

IntelliChart is one component of a full suite of due diligence services offered by CT Corporation. To learn more about IntelliChart, click here.

About CT Corporation
CT Corporation is the highest quality provider of Corporate Business Compliance solutions and registered agent services for large businesses and the legal community that supports them. Its offerings enable law firms and corporate legal departments to manage statutory representation for all their entities, complete corporate and secured transactions and maintain compliance as required by state and federal law. For more information, visit CT Corporation is part of Wolters Kluwer Corporate Legal Services, a business of Wolters Kluwer, a market-leading global information services company.

About CT Lien Solutions
Providing comprehensive lien management, debtor due diligence and monitoring and risk management solutions, CT Lien Solutions partners with lenders, law firms and corporations to protect and optimize their security interests. CT Lien Solutions is a pioneer in lien lifecycle management processes, enabling more secured transactions than any other company in the United States. CT Lien Solutions delivers unmatched industry expertise, a full spectrum of products and outsourced services and a profound commitment to a personalized customer experience. CT Lien Solutions is part of Wolters Kluwer Corporate Legal Services, the professional's first choice for legal compliance services and performance management solutions for nearly 120 years. For more information, visit the CT Lien Solutions website or blog or follow @CTLienSolutions on Twitter.

About Wolters Kluwer Corporate Legal Services
Wolters Kluwer Corporate Legal Services is the leader in legal process and business performance management. It delivers the people, products and processes to drive transparency, ensure accountability and provide organized, accurate and actionable information for legal, financial and insurance professionals. CLS's business brands -- CT Corporation, NRAI, BizFilings, Corsearch, CT Lien Solutions and TyMetrix -- empower organizations to make better business decisions and be more efficient in today's highly transparent business environment.

Wolters Kluwer Corporate Legal Service is a part of Wolters Kluwer, a market-leading global information services company. Wolters Kluwer had 2011 annual revenues of EUR 3.4 billion, employs approximately 19,000 people worldwide, and maintains operations across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Visit the Wolters Kluwer website for more information.

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