Wolters Kluwer wins plaudits for APAC Finance, Risk & Regulatory Reporting business enterprise

SINGAPORE–(Organization WIRE)–Wolters Kluwer Finance, Possibility & Regulatory Reporting (FRR) has gained a amount of unbiased field awards celebrating excellence and innovation in the Asia Pacific (APAC) location.

Regulation Asia has named Wolters Kluwer’s OneSumX for Regulatory Reporting the “Best Alternative in Regulatory Reporting” in its prestigious Awards for Excellence for the fourth time in 5 a long time and APAC Insider has regarded the company’s major place in the field, naming the company Very best Regulatory Reporting Company for Singapore. RegTech Perception, meanwhile, has awarded the organization its Very best Regulatory Compliance Remedy for IFRS 9 accolade in its APAC Awards.

OneSumX for Regulatory Reporting brings together financial institution facts into a single supply of data to guarantee consistency, reconciliation and precision and includes Wolters Kluwer’s Regulatory Update Company. This special assistance is preserved by Wolters Kluwer gurus who actively watch regulation in 30 countries.

Regulation Asia judges pointed out how Wolters Kluwer FRR has “continued to evolve and continue to be pertinent in an at any time-altering business, for illustration by growing its coverage to places these as ESG reporting. Wolters Kluwer is viewed by financial institutions and regulators alike as a dependable technologies companion.”

The Regulation Asia award was presented to Rainer Fuchsluger from Wolters Kluwer FRR, who is also this year’s receiver of APAC Insider’s RegTech Govt Chief of the Yr, in the magazine’s South East Asia Awards. Previously Taking care of Director of Wolters Kluwer FRR for APAC, Fuchsluger now has a international remit as Vice President, Strategic Preparing & Business Progress for the organization.

Regulation Asia, launched in 2013, is a leading on the internet publication, supplying actionable regulatory intelligence for APAC markets. Its no cost-to-enter Awards for Excellence plan recognizes corporations that have formed the regulatory landscape across APAC, offering independent verification of excellence and innovation.

RegTech Perception is portion of A-Team Perception and APAC Insider is element of international publishing residence AI World-wide Media. Award programs run by RegTech Insight and APAC Insider are also solely totally free to enter.

Wolters Kluwer FRR, which is section of the company’s Governance, Chance & Compliance (GRC) division, is a international market place leader in the provision of integrated regulatory compliance and reporting answers. It supports controlled fiscal establishments in assembly their obligations to external regulators and their very own board of administrators.

The company’s OneSumX for Regulatory Reporting solution was named Regulatory Reporting Method of the Calendar year in Possibility.net’s yearly Technological know-how Awards. Wolters Kluwer FRR is also this year’s winner of the Liquidity Hazard category in the hotly contested Chartis RiskTech100® Rankings and was named Classification Chief in the Chartis published “Regulatory Reporting Alternatives, 2022: Market and Vendor Landscape” report.

About Wolters Kluwer

Wolters Kluwer (WKL) is a global chief in professional data, software answers, and providers for the health care tax and accounting governance, risk and compliance and lawful and regulatory sectors. We support our customers make crucial decisions every single day by furnishing qualified remedies that incorporate deep area awareness with specialized engineering and expert services. Wolters Kluwer described 2021 yearly revenues of €4.8 billion. The group serves consumers in in excess of 180 nations around the world, maintains functions in more than 40 international locations, and employs roughly 19,800 folks throughout the world. The organization is headquartered in Alphen aan den Rijn, the Netherlands.