Latest news with #OneSumX
Business Wire
24-06-2025
- Business
- Business Wire
Wolters Kluwer Strengthens Compliance and Regulatory Reporting Agility for Triodos Bank UK
LONDON--(BUSINESS WIRE)--Wolters Kluwer Financial & Corporate Compliance has successfully implemented its OneSumX for Regulatory Reporting solution at Triodos Bank UK, a leader in sustainable finance. The go-live strengthens the bank's regulatory reporting capabilities and underscores its commitment to operational excellence and regulatory compliance in a fast-evolving regulatory environment. 'This implementation is a strong example of how cloud-based regulatory technology, applied through close collaboration, can improve transparency, agility, and long-term readiness,' said Dean Sonderegger, Wolters Kluwer FRR. 'Triodos Bank's focus on responsible finance aligns with our mission to help institutions lead with confidence,' said Dean Sonderegger, Senior Vice President and General Manager, Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR). 'This implementation is a strong example of how cloud-based regulatory technology, applied through close collaboration, can improve transparency, agility, and long-term readiness.' The Software-as-a-Service (SaaS) deployment covers liquidity reporting, COREP, FINREP, and UK-specific PRA 110 requirements. According to program participants, the project highlights a strong partnership between Wolters Kluwer and Triodos Bank, enabled by a shared focus on data quality, transparency, and execution. 'We selected Wolters Kluwer because of their global presence and strong product offering,' said Sarah Morse, CFO, Triodos Bank UK. 'With OneSumX, we've strengthened control over our reporting, gained better visibility into our data, and positioned ourselves in a stronger position to meet evolving requirements.' In response to post-Brexit regulatory shifts in the U.K., Triodos Bank, drawing on more than 30 years of experience in ethical banking, says it sought a future-ready platform to strengthen data control and long-term adaptability. The decision to select Wolters Kluwer was made in light of its well-established product with strong functionality to strengthen its compliance posture A collaborative approach was central to the project's success. Triodos Bank's internal data experts worked closely with Wolters Kluwer's professional services team to streamline data ingestion and enhance reporting control. The system's transparency and drill-down features enabled greater ownership of the reporting process, improving accuracy and issue resolution speed. The Regulatory Update Service, a core feature of OneSumX, keeps the system aligned with ongoing regulatory changes. The solution's advanced data architecture also supports exposure analysis and scenario testing, capabilities that align with Triodos Bank's values-driven approach to risk. Founded in 1980, Triodos Bank is a pioneer in sustainable banking. It finances enterprises that generate positive social, environmental, or cultural outcomes. The bank operates in the Netherlands, Belgium, the UK, Spain, and Germany, with global reach through Triodos Investment Management. 'This was a textbook example of successful partnership,' added Darin Byrne, Vice President, Consulting and Professional Services, Wolters Kluwer FRR. 'Triodos Bank brought strong internal capabilities and a clear vision. Together, we have delivered a scalable, transparent solution built for the complexity of today's regulatory environment.' Wolters Kluwer Finance, Risk and Regulatory Reporting (FRR) is part of Wolters Kluwer's Financial & Corporate Compliance (FCC) division, which provides a wide range of technology-enabled lending, regulatory and investment compliance solutions, corporate services, and legal entity compliance solutions. 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 and follow us on LinkedIn, Facebook, YouTube, and Instagram.
Business Wire
16-06-2025
- Business
- Business Wire
Wolters Kluwer to join industry leaders at Risk Live Europe
LONDON--(BUSINESS WIRE)-- Wolters Kluwer Finance, Risk and Regulatory Reporting (FRR) is set to join the conversation at Risk Live Europe 2025, one of the year's key gatherings for senior risk professionals. Held June 17-18 at Convene Sancroft, St Paul's, London, the event will bring together more than 600 senior risk professionals from across the financial services sector to tackle the urgent questions shaping today's credit, market, liquidity, and operational risk landscape. 'This brings together people who are deep in the challenges of risk management—navigating everything from interest rate and market volatility and liquidity constraints to climate risk and shifting regulatory expectations,' says Jeroen Van Doorsselaere. Francis Lacan, Director of Product Management at Wolters Kluwer FRR, will speak on a panel titled 'Our golden age has just begun: MAGA's mercurial markets' on Tuesday, June 17, at 11:40 a.m. BST. He will join thought leaders from Citi, State Street, and Thematic Markets to unpack the limitations of traditional risk models, explore the realities of volatility, and share strategies for managing the ripple effects of global instability. The FRR team will also be on site to showcase OneSumX – the award-winning platform for finance, risk management, and regulatory reporting. Built to power advanced risk analytics and compliance across jurisdictions, OneSumX gives institutions the tools to stay ahead of shifting requirements and rising stakeholder expectations. Wolters Kluwer experts will be available throughout the event to discuss how institutions can enhance transparency, strengthen risk frameworks, and adapt confidently in real time. The conference wraps up on June 18 with the prestigious Risk Technology Awards, celebrating the year's standout innovations in risk and technology. 'Risk Live Europe is where real conversations happen,' said Jeroen Van Doorsselaere, Vice President of Global Product and Platform Management, Wolters Kluwer FRR. 'It brings together people who are deep in the challenges of risk management—navigating everything from interest rate and market volatility and liquidity constraints to climate risk and shifting regulatory expectations. We're looking forward to sharing how our technology helps firms respond with more agility and confidence, and just as importantly, learning from others in the room. Events like this help push the entire industry forward.' Wolters Kluwer Finance, Risk and Regulatory Reporting is part of Wolters Kluwer's Financial & Corporate Compliance (FCC) division, which provides a wide range of technology-enabled lending, regulatory and investment compliance solutions, corporate services, and legal entity compliance solutions. 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 21,400 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.
Associated Press
16-06-2025
- Business
- Associated Press
Wolters Kluwer to join industry leaders at Risk Live Europe
LONDON--(BUSINESS WIRE)--Jun 16, 2025-- Wolters Kluwer Finance, Risk and Regulatory Reporting (FRR) is set to join the conversation at Risk Live Europe 2025, one of the year's key gatherings for senior risk professionals. Held June 17-18 at Convene Sancroft, St Paul's, London, the event will bring together more than 600 senior risk professionals from across the financial services sector to tackle the urgent questions shaping today's credit, market, liquidity, and operational risk landscape. Francis Lacan, Director of Product Management at Wolters Kluwer FRR, will speak on a panel titled 'Our golden age has just begun: MAGA's mercurial markets' on Tuesday, June 17, at 11:40 a.m. BST. He will join thought leaders from Citi, State Street, and Thematic Markets to unpack the limitations of traditional risk models, explore the realities of volatility, and share strategies for managing the ripple effects of global instability. The FRR team will also be on site to showcase OneSumX – the award-winning platform for finance, risk management, and regulatory reporting. Built to power advanced risk analytics and compliance across jurisdictions, OneSumX gives institutions the tools to stay ahead of shifting requirements and rising stakeholder expectations. Wolters Kluwer experts will be available throughout the event to discuss how institutions can enhance transparency, strengthen risk frameworks, and adapt confidently in real time. The conference wraps up on June 18 with the prestigious Risk Technology Awards, celebrating the year's standout innovations in risk and technology. 'Risk Live Europe is where real conversations happen,' said Jeroen Van Doorsselaere, Vice President of Global Product and Platform Management, Wolters Kluwer FRR. 'It brings together people who are deep in the challenges of risk management—navigating everything from interest rate and market volatility and liquidity constraints to climate risk and shifting regulatory expectations. We're looking forward to sharing how our technology helps firms respond with more agility and confidence, and just as importantly, learning from others in the room. Events like this help push the entire industry forward.' Wolters Kluwer Finance, Risk and Regulatory Reporting is part of Wolters Kluwer's Financial & Corporate Compliance (FCC) division, which provides a wide range of technology-enabled lending, regulatory and investment compliance solutions, corporate services, and legal entity compliance solutions. 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 21,400 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. View source version on CONTACT: Media Contact David Feider Associate Director, External Communications Financial & Corporate Compliance Wolters Kluwer Office +1 612-246-9454 [email protected] KEYWORD: EUROPE IRELAND UNITED KINGDOM NETHERLANDS INDUSTRY KEYWORD: TECHNOLOGY FINANCE FINTECH BANKING OTHER TECHNOLOGY ACCOUNTING PROFESSIONAL SERVICES SOFTWARE DATA ANALYTICS SOURCE: Wolters Kluwer Copyright Business Wire 2025. PUB: 06/16/2025 04:05 AM/DISC: 06/16/2025 04:03 AM
Yahoo
20-05-2025
- Business
- Yahoo
Shanghai Commercial Bank Advances Governance, Risk, and Compliance Capabilities with Wolters Kluwer
Supporting the Bank's digital transformation by enhancing Basel compliance, regulatory reporting, and risk management with the OneSumX solution suite HONG KONG, May 20, 2025--(BUSINESS WIRE)--Wolters Kluwer Financial & Corporate Compliance today announces that Shanghai Commercial Bank (SCB) has implemented a comprehensive regulatory reporting and risk management platform using its OneSumX solution suite. This marks a significant step in SCB's Governance, Risk, and Compliance (GRC) initiative, creating a unified source of truth for Basel compliance, regulatory reporting, risk analysis, and stress testing. SCB is now compliant with the Basel III requirements in Hong Kong, including risk-weighted asset calculations and regulatory reporting. By transitioning from manual processes to an automated system powered by OneSumX, SCB has streamlined operations, strengthened data governance, and enhanced compliance with the Hong Kong Monetary Authority (HKMA) guidelines. A structured transition approach ensured operational continuity and a smooth shift to the new system. "We are proud of the successful implementation of OneSumX at Shanghai Commercial Bank," said Jeroen Van Doorsselaere, Vice President of Global Product and Platform Management, Wolters Kluwer Finance, Risk & Regulatory Reporting. "SCB's vision aligns with our strategy of an integrated regulatory and risk platform. By taking an incremental approach, SCB has effectively prioritized its immediate compliance needs while building a scalable foundation for future regulatory demands. This positions SCB to confidently navigate the complexities of an evolving regulatory landscape." "We chose Wolters Kluwer for its trusted solutions used by 800-plus banks globally and its local HKMA expertise," said Wendy Li-chien Weng, Executive Vice President & Chief Financial Controller, Shanghai Commercial Bank. "The OneSumX solution further strengthens our regulatory reporting and risk management capabilities, reinforcing our commitment to excellence." Building on this milestone, SCB has introduced credit risk stress-testing scenarios using OneSumX for Risk Management and is set to automate HKMA reports and granular data reporting (GDR) in the next phases. By leveraging Wolters Kluwer's expertise and a phased, modular approach, SCB has established a single, integrated platform for financial risk management and regulatory reporting. The implementation has improved data accuracy, increased operational efficiency, and optimized resource allocation. OneSumX for Basel is a fully integrated regulatory risk, modular platform that ensures compliance with Basel reforms globally by providing seamless risk and capital management. With full traceability, scenario-based projections, and end-to-end integration, OneSumX stands out by delivering unparalleled accuracy, efficiency, and regulatory confidence within a single, scalable framework. Shanghai Commercial Bank, incorporated in 1950 in Hong Kong, is a leading local Chinese bank providing comprehensive banking services across multiple regions. Its network spans 50 branches in Hong Kong, mainland China, the United Kingdom, and the United States, ensuring accessibility and convenience for its customers. Wolters Kluwer Finance, Risk and Regulatory Reporting (FRR) is part of the Wolters Kluwer Financial & Corporate Compliance (FCC) division, which provides a wide range of technology-enabled lending, regulatory, and investment compliance solutions, corporate services, and legal entity compliance solutions. FRR's award-winning OneSumX suite of solutions supports financial institutions through innovative technology that enables and empowers clients to stay compliant with ever-changing regulatory requirements, manage uncertainty through financial risk management offerings, and drive efficiency. For more information about Wolters Kluwer, 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 21,400 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. View source version on Contacts Media Contact David FeiderAssociate Director, External CommunicationsFinancial & Corporate ComplianceWolters KluwerOffice +1 Sign in to access your portfolio
Yahoo
20-05-2025
- Business
- Yahoo
Shanghai Commercial Bank Advances Governance, Risk, and Compliance Capabilities with Wolters Kluwer
Supporting the Bank's digital transformation by enhancing Basel compliance, regulatory reporting, and risk management with the OneSumX solution suite HONG KONG, May 20, 2025--(BUSINESS WIRE)--Wolters Kluwer Financial & Corporate Compliance today announces that Shanghai Commercial Bank (SCB) has implemented a comprehensive regulatory reporting and risk management platform using its OneSumX solution suite. This marks a significant step in SCB's Governance, Risk, and Compliance (GRC) initiative, creating a unified source of truth for Basel compliance, regulatory reporting, risk analysis, and stress testing. SCB is now compliant with the Basel III requirements in Hong Kong, including risk-weighted asset calculations and regulatory reporting. By transitioning from manual processes to an automated system powered by OneSumX, SCB has streamlined operations, strengthened data governance, and enhanced compliance with the Hong Kong Monetary Authority (HKMA) guidelines. A structured transition approach ensured operational continuity and a smooth shift to the new system. "We are proud of the successful implementation of OneSumX at Shanghai Commercial Bank," said Jeroen Van Doorsselaere, Vice President of Global Product and Platform Management, Wolters Kluwer Finance, Risk & Regulatory Reporting. "SCB's vision aligns with our strategy of an integrated regulatory and risk platform. By taking an incremental approach, SCB has effectively prioritized its immediate compliance needs while building a scalable foundation for future regulatory demands. This positions SCB to confidently navigate the complexities of an evolving regulatory landscape." "We chose Wolters Kluwer for its trusted solutions used by 800-plus banks globally and its local HKMA expertise," said Wendy Li-chien Weng, Executive Vice President & Chief Financial Controller, Shanghai Commercial Bank. "The OneSumX solution further strengthens our regulatory reporting and risk management capabilities, reinforcing our commitment to excellence." Building on this milestone, SCB has introduced credit risk stress-testing scenarios using OneSumX for Risk Management and is set to automate HKMA reports and granular data reporting (GDR) in the next phases. By leveraging Wolters Kluwer's expertise and a phased, modular approach, SCB has established a single, integrated platform for financial risk management and regulatory reporting. The implementation has improved data accuracy, increased operational efficiency, and optimized resource allocation. OneSumX for Basel is a fully integrated regulatory risk, modular platform that ensures compliance with Basel reforms globally by providing seamless risk and capital management. With full traceability, scenario-based projections, and end-to-end integration, OneSumX stands out by delivering unparalleled accuracy, efficiency, and regulatory confidence within a single, scalable framework. Shanghai Commercial Bank, incorporated in 1950 in Hong Kong, is a leading local Chinese bank providing comprehensive banking services across multiple regions. Its network spans 50 branches in Hong Kong, mainland China, the United Kingdom, and the United States, ensuring accessibility and convenience for its customers. Wolters Kluwer Finance, Risk and Regulatory Reporting (FRR) is part of the Wolters Kluwer Financial & Corporate Compliance (FCC) division, which provides a wide range of technology-enabled lending, regulatory, and investment compliance solutions, corporate services, and legal entity compliance solutions. FRR's award-winning OneSumX suite of solutions supports financial institutions through innovative technology that enables and empowers clients to stay compliant with ever-changing regulatory requirements, manage uncertainty through financial risk management offerings, and drive efficiency. For more information about Wolters Kluwer, 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 21,400 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. View source version on Contacts Media Contact David FeiderAssociate Director, External CommunicationsFinancial & Corporate ComplianceWolters KluwerOffice +1 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
