Canopy Financial, a San Francisco technology vendor, will supply its health savings account platform to Wolters Kluwer Financial Services, a Minneapolis company that sells compliance and content software to financial services companies.
Canopy's HealthDirect Health Savings Account platform has been integrated into Wolters Kluwer's HSA Director health savings account management system, the companies announced on Tuesday.
The health savings account system provides financial institutions and their clients with health savings account enrollment and management capabilities.
The product is to make Canopy's health-care banking platform available to all banks and credit unions for the first time.
Wolters Kluwer Financial Services is a marketing unit of Wolters Kluwer, a multinational publisher and information services company.
