Latest news with #CCHTagetikIntelligentPlatform
Business Wire
3 days ago
- Business
- Business Wire
Wolters Kluwer named Premier Leader in BPM Partners Vendor Landscape Matrix for third consecutive year for CCH Tagetik Intelligent Platform
NEW YORK--(BUSINESS WIRE)--Wolters Kluwer, a global leader in information, software, and services for professionals, today announced that its AI-powered CCH Tagetik Intelligent Platform has again been named Premier Leader in BPM Partners Vendor Landscape Matrix. CCH Tagetik was further commended in the 2025 BPM Partners Vendor Landscape Matrix with a ranking of 'Outstanding' in Financial Consolidation and Customer Success and 'Excellent' in Financial Planning. Karen Abramson, CEO of Wolters Kluwer Corporate Performance & ESG, said: 'We are honored that CCH Tagetik has been acknowledged as a Premier Leader for the third year running. We are committed to product excellence and innovation, and last year, we launched the market's first AI-powered corporate performance management platform—the CCH Tagetik Intelligent Platform with Ask AI —and we have now evolved Ask AI to an embedded super agent. We focus on anticipating emerging market trends and responding with solutions that support customers' current and future needs across business performance and transformation, and strategic risk management.' The award-winning, AI-powered CCH® Tagetik Intelligent Platform digitally transforms the Office of the CFO's efficiency, accuracy, and strategic ability. It is a unified AI-powered platform for financial performance management (financial consolidation and close; budgeting, planning, and forecasting; ESG and regulatory reporting; corporate tax). At the heart of its continuous evolution is Ask AI —an emerging super agent that embodies Agentic AI with a Finance Brain™. Designed to address finance-specific needs, Ask AI supports a growing range of use cases: from self-service analytics through natural language–driven data exploration and visualization, to tasks execution with diagnostic checks for financial close and consolidation, and intelligent assistance in configuring data transformation processes. BPM Partners is the leading independent authority on business performance management (BPM/CPM/EPM) and related business intelligence solutions and has been recognized by Forbes as one of America's Best Management Consulting Firms. The company helps organizations address their budgeting, planning, financial consolidation, close and reporting, regulatory compliance, profitability optimization, key performance indicator (KPI) development, and operational performance challenges. Craig Schiff, President and CEO at BPM Partners, said: 'Wolters Kluwer's high customer satisfaction scores, the comprehensive and innovative nature of its CCH Tagetik platform, and its commitment to continually investing in AI to drive the continued digital transformation of the Office of the CFO, all contribute to its third consecutive year as Premier Leader in our Vendor Landscape Matrix.' Corporate Performance Management (CPM) business unit is part of the Wolters Kluwer Corporate Performance & ESG (CP & ESG) division. The division is the world's leading provider of integrated software solutions for EHS, ESG, Corporate Performance Management and Audit and Assurance. Through innovative technology and unique expertise, Wolters Kluwer CP & ESG enables business leaders to make informed, strategic decisions driving transformation, performance and risk management for a sustainable and resilient world. About Wolters Kluwer Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,600 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. For more information, visit follow us on LinkedIn, Facebook, YouTube and Instagram.
Business Wire
6 days ago
- Business
- Business Wire
Wolters Kluwer Achieves Top Five Global Ranking for Excellence in Artificial Intelligence by Chartis Research
NEW YORK--(BUSINESS WIRE)--Wolters Kluwer has earned a top five global ranking from Chartis Research for excellence in artificial intelligence (AI) innovation in the Chartis RiskTech AI 50 2025 report. The report explores the broad landscape of AI development and adoption in risk management and compliance in the financial services industry, showcasing the leading work of technology providers in this dynamic and rapidly evolving environment. 'AI has increasingly played a prominent role in advancing the capabilities of our customers across a number of areas,' said Lisa Nelson, CEO, Wolters Kluwer FCC. 'We are pleased to achieve this level of global industry recognition from Chartis Research." This marks the second consecutive year that Wolters Kluwer has finished among the Top Five. Wolters Kluwer has placed fifth in the ranking of global service providers, demonstrating the broadening scope of use cases enlisting AI-powered technology to enhance the capabilities of its financial services customers. As part of this recognition, Wolters Kluwer earned a Solution Category Award for a second straight year showcasing its AI-driven Regulatory Intelligence capabilities. 'AI has increasingly played a prominent role in advancing the capabilities of our customers across a number of areas. This ranges from helping speed operations and automate workflows, to identifying, tagging and addressing essential risks and regulatory compliance obligations that will ultimately enable them to better serve their end customers,' said Lisa Nelson, CEO of Wolters Kluwer Financial & Corporate Compliance. 'We are pleased to again achieve this level of global industry recognition from Chartis Research.' Among the AI-powered solutions Wolters Kluwer cited in its submission are iLien Borrower Analytics, which helps lenders streamline lien search and due diligence processes in onboarding borrowers, its OneSumX Compliance Program Management platform that facilitates compliant regulatory change management, and CCH Tagetik Intelligent Platform with Ask AI, the market's first AI-powered corporate performance management platform, designed to transform the office of the CFO. 'It is an honor to be recognized as a top five vendor in this significant, AI-focused report from Chartis,' said Karen Abramson, CEO of Wolters Kluwer Corporate Performance & ESG. 'AI represents an evolutionary leap in how business leaders will operate. We are committed to continuous innovation to harness transformative technologies, including agentic AI, to support our customers to transform their businesses.' 'Wolters Kluwer's top five placing in the RiskTech AI 50 reflects its strong history of using AI (and particularly linguistic AI) across a broad range of contexts, including regulatory intelligence and Governance, Risk and Compliance,' said Sid Dash, Chief Researcher at Chartis. 'Moreover, the firm has been able to capitalise on this historical strength in a broad portfolio of text/unstructured data-centric applications and solutions. ' For this report, Chartis conducted a detailed analysis of vendors across the risk management landscape to assess their AI capabilities and strategies in incorporating machine learning model and GenAI, citing the growing range and divergence in how these technologies are being applied. For more information about Wolters Kluwer AI capabilities, please visit: About Wolters Kluwer Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions, and services for professionals in healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, corporate performance, and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,900 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. For more information, visit and follow us on LinkedIn, Facebook, YouTube, and Instagram.
Yahoo
11-06-2025
- Business
- Yahoo
Wolters Kluwer CCH® Tagetik Intelligent Platform honored in 2025 People's Choice Stevie® Awards for Favorite New AI
NEW YORK, June 11, 2025--(BUSINESS WIRE)--Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that its AI-powered CCH® Tagetik Intelligent Platform has been named as the winner in the 2025 People's Choice Stevie® Awards for Favorite New Products in the AI – Financial category. The market's first AI-powered corporate performance management platform - the CCH Tagetik Intelligent Platform with Ask AI digitally transforms the efficiency, accuracy, and strategic ability of the Office of the CFO. Ask AI has now evolved to an embedded super agent and mobilizes cutting-edge agentic technology across multiple use cases, including responding to voice commands in multiple languages, executing tasks, testing assumptions and running analysis. Karen Abramson, CEO of Wolters Kluwer Corporate Performance & ESG, said: "Wolters Kluwer is honored to be recognized for the CCH® Tagetik Intelligent Platform in the 2025 People's Choice Stevie® Awards for Favorite New Products. Our AI-powered platform, with super agent Ask AI, empowers CFOs to unlock insights from their data, enabling faster, more strategic decision-making. We remain committed to product excellence and innovation, anticipating market trends and delivering solutions that meet the evolving needs of CFOs." The People's Choice Stevie® Awards for Favorite New Products are an annual feature of The American Business Awards®, the U.S.A.'s top business awards program, which is now in its 23rd year. The worldwide public vote was conducted in April and May, with the highest number of votes determining the winners in more than 50 product and service categories. More than 11,000 votes were cast. To win, a category's leading vote-getter had to have received at least 100 votes. CCH Tagetik Intelligent Platform with Ask AI enables global finance leaders to automate all financial processes, including financial close and consolidation, extended planning and analysis, ESG and regulatory reporting, corporate tax, statutory and management reporting, integrated disclosure, and intelligent analytics. Corporate Performance Management (CPM) business unit is part of the Wolters Kluwer Corporate Performance & ESG (CP & ESG) division. The division is the world's leading provider of integrated software solutions for EHS, ESG, Corporate Performance Management and Audit and Assurance. Through innovative technology and unique expertise, Wolters Kluwer CP & ESG enables business leaders to make informed, strategic decisions driving transformation, performance and risk management for a sustainable and resilient world. About Wolters Kluwer Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,600 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. For more information, visit follow us on LinkedIn, Facebook, YouTube and Instagram. View source version on Contacts Media Contact Sarah WhybrowAssociate Director, External CommunicationsCorporate Performance & ESGWolters KluwerMob: +44 7855 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
11-06-2025
- Business
- Business Wire
Wolters Kluwer CCH® Tagetik Intelligent Platform honored in 2025 People's Choice Stevie® Awards for Favorite New AI
NEW YORK--(BUSINESS WIRE)--Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that its AI-powered CCH® Tagetik Intelligent Platform has been named as the winner in the 2025 People's Choice Stevie® Awards for Favorite New Products in the AI – Financial category. The market's first AI-powered corporate performance management platform - the CCH Tagetik Intelligent Platform with Ask AI digitally transforms the efficiency, accuracy, and strategic ability of the Office of the CFO. Ask AI has now evolved to an embedded super agent and mobilizes cutting-edge agentic technology across multiple use cases, including responding to voice commands in multiple languages, executing tasks, testing assumptions and running analysis. Karen Abramson, CEO of Wolters Kluwer Corporate Performance & ESG, said: 'Wolters Kluwer is honored to be recognized for the CCH® Tagetik Intelligent Platform in the 2025 People's Choice Stevie® Awards for Favorite New Products. Our AI-powered platform, with super agent Ask AI, empowers CFOs to unlock insights from their data, enabling faster, more strategic decision-making. We remain committed to product excellence and innovation, anticipating market trends and delivering solutions that meet the evolving needs of CFOs.' The People's Choice Stevie® Awards for Favorite New Products are an annual feature of The American Business Awards®, the U.S.A.'s top business awards program, which is now in its 23rd year. The worldwide public vote was conducted in April and May, with the highest number of votes determining the winners in more than 50 product and service categories. More than 11,000 votes were cast. To win, a category's leading vote-getter had to have received at least 100 votes. CCH Tagetik Intelligent Platform with Ask AI enables global finance leaders to automate all financial processes, including financial close and consolidation, extended planning and analysis, ESG and regulatory reporting, corporate tax, statutory and management reporting, integrated disclosure, and intelligent analytics. Corporate Performance Management (CPM) business unit is part of the Wolters Kluwer Corporate Performance & ESG (CP & ESG) division. The division is the world's leading provider of integrated software solutions for EHS, ESG, Corporate Performance Management and Audit and Assurance. Through innovative technology and unique expertise, Wolters Kluwer CP & ESG enables business leaders to make informed, strategic decisions driving transformation, performance and risk management for a sustainable and resilient world. About Wolters Kluwer Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,600 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. For more information, visit follow us on LinkedIn, Facebook, YouTube and Instagram.
Yahoo
30-05-2025
- Business
- Yahoo
Finance leaders plan sixfold increase in agentic AI: Wolters Kluwer
Wolters Kluwer has released survey findings highlighting the adoption, future plans, and drivers of artificial intelligence (AI) in the finance sector. The survey indicates that while 6% of finance leaders currently use agentic AI, 38% plan to adopt it within the next 12 months, leading to 44% utilisation by 2026, a 600% surge. Economic volatility has prompted 67% of finance leaders to use AI for the first time in Financial Planning & Analysis (FP&A). Additionally, 14% plan to increase AI adoption due to the current economic climate, and 8% intend to maintain their AI usage levels. Regarding team resources, 33% of respondents are considering hiring new members to manage economic volatility, while 24% are contemplating restructuring. However, 22% of finance leaders acknowledge lacking optimal team resources but are unable to implement changes. AI skills are deemed crucial by 85% of finance leaders when recruiting for their finance function, with 11% viewing these skills as essential. Data readiness is identified by 44% of respondents as a primary driver for increasing AI adoption. To facilitate this transition, Wolters Kluwer has introduced a Learning Hub to enhance AI fluency and data proficiency among finance professionals, aiming to optimise technology and boost productivity. Increasing accuracy and reducing human error are cited by 40% of finance leaders as key advantages of AI adoption, while 36% highlight efficiency and productivity gains. In terms of efficiency, 42% of respondents expect to save 10% of working time (26 days) through AI usage in the next year, allowing for a greater focus on strategic outputs. Additionally, 24% anticipate a 20% timesaving (52 days), and 22% expect a 5% timesaving (13 days). Wolters Kluwer Corporate Performance & ESG CEO Karen Abramson said: 'At Wolters Kluwer, we are committed to continuous innovation for the office of the CFO. Last year, we launched the market's first AI-powered corporate performance management platform - the CCH Tagetik Intelligent Platform with Ask AI. 'We have evolved Ask AI to an embedded super agent; it now mobilises cutting-edge agentic technology across multiple use cases, including responding to voice commands in multiple languages, drilling into data without the need for IT skills, and testing assumptions and running analysis. Agentic AI represents an evolutionary leap in how finance leaders operate.' The survey, conducted with 392 finance leaders on 21 May 2025, took place during CCH Tagetik inTouch25, an annual conference on corporate performance management innovation. Earlier in 2025, Wolters Kluwer released a study on accounting and taxation trends. "Finance leaders plan sixfold increase in agentic AI: Wolters Kluwer " was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
