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Wolters Kluwer unveils cloud-native and blockchain based bank confirmation platform that enables 100% bank statement retrieval from banks worldwide and entirely online experience and self-serve through a browser-based interface

July 15, 2025 //  by Finnovate

Wolters Kluwer Tax and Accounting (TAA) unveiled the enhanced CCH Validate, next-generation, cloud-native bank confirmation platform engineered to redefine how audit professionals operate. Purpose-built for speed, security, and intelligence, this fully online solution empowers firms with instant, client-authorized data access and intuitive onboarding—delivering a smarter, faster, and more reliable audit experience. Leveraging advanced technologies—including blockchain for tamper-proof assurance—it enables 100% bank statement retrieval from banks worldwide. Key Features of the New CCH Validate: Entirely Online Experience: Users can self-serve through a browser-based interface and begin using the tool in minutes. Client-Driven Authorization: Clients securely and privately authorize data access, removing the need to wait for bank responses. Trial First: Firms can try the platform before committing. Cloud-Native Architecture: Built for scalability, security, and speed, with compliance to SOC 1, SOC 2, ISO 27001, and audit industry standards. Global Reach: Currently designed to support firms in the U.S., integration across platforms in Canada and the UK will soon follow. Security: Blockchain is leveraged to ensure requests are tamper-proof Audit Trail: Provides a comprehensive and immutable audit trail of the end-to-end process stored in the blockchain. Fraud Prevention: Eliminates the potential for fraud by eliminating human intermediaries in responding to requests.

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