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CT Corporation Unveils hCue, the First Integrated Solution for Corporate Transaction and Entity Management

hCue Entity Manager for Next-Generation Corporate Business Compliance


News provided by

CT Corporation

Sep 23, 2010, 09:00 ET

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NEW YORK, Sept. 23 /PRNewswire/ -- CT Corporation, a leading provider of Corporate Business Compliance, today announced the launch of the next generation of hCue Entity Manager.  hCue is the first Web-based software platform to help companies manage all their entities, subsidiaries and corporate transactions from a single place.  CT Corporation is part of Wolters Kluwer Corporate Legal Services.

Responding to a more aggressive, increasingly complex and higher risk compliance environment, hCue offers users cost and time savings by providing a secure, streamlined workflow.  The launch comes as many companies struggle to handle difficult compliance issues with reduced staff, even as mistakes become more expensive.

"With increased regulatory enforcement by cash-strapped state and local governments, there is no room for error when it comes to a company's compliance and legal practices," said Diane K. Brown, executive vice president and general manager, CT Corporation.  "There are corporate secretaries who must manage 100,000 or more discrete data points across hundreds of entities, each of which is essential to keeping compliant.  Corporate secretaries have less staff and resources to handle a wider range of complex and time-consuming jobs, and the potential for human error is increasing."

With a streamlined user interface, hCue manages entity information and sensitive corporate documents, seamlessly incorporating in one system all the capabilities of CTAdvantage, CT Corporation's online corporate transaction, due diligence and research platform.  hCue automates annual report compliance with built-in due date tracking for the U.S. and Canada, and e-filing capabilities in Delaware and more than 20 other jurisdictions.  hCue also includes a robust Business License Manager to manage business license requirements across every level of government and all business locations.

hCue also provides customers with:

  • Consolidated entity data within a centralized repository with sensitive corporate documents, history and compliance tools on one platform, improving process efficiencies and ensuring fewer opportunities for human error from rekeying inaccuracies.
  • Fast, easy entity and corporate records management that lets users perform previously time-consuming tasks in seconds.  Customizable reports give flexible access to corporate records in real time.
  • Secure collaboration across the enterprise that facilitates information-sharing with legal, tax, finance, board of directors, compliance and any other necessary participants, both domestically and internationally.  
  • An integrated SEC Section 16 reporting module that enables public companies to meet the agency's strict 48-hour filing deadline easily.

"By providing a secure, but transparent platform for sharing critical data around an organization, hCue helps our customers protect their brands and reputations in a very challenging corporate business compliance environment," Brown said.

About CT Corporation

CT Corporation is the highest quality provider of Corporate Business Compliance solutions.  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 www.ctadvantage.com.  CT Corporation is part of Wolters Kluwer Corporate Legal Services.

About Wolters Kluwer Corporate Legal Services

Wolters Kluwer Corporate Legal Services is a business of Wolters Kluwer, a market-leading global information services company with annual revenues (2009) of euro 3.4 billion ($4.8 billion) and approximately 19,300 people worldwide.  Visit www.wolterskluwer.com.

SOURCE CT Corporation

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