Latest news with #regulatoryReporting
Yahoo
24-06-2025
- Business
- Yahoo
Wolters Kluwer Strengthens Compliance and Regulatory Reporting Agility for Triodos Bank UK
LONDON, June 24, 2025--(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. "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 KluwerWolters 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. 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
Associated Press
24-06-2025
- Business
- Associated Press
Wolters Kluwer Strengthens Compliance and Regulatory Reporting Agility for Triodos Bank UK
LONDON--(BUSINESS WIRE)--Jun 24, 2025-- 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. '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. 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. 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 INDUSTRY KEYWORD: BANKING SOFTWARE MOBILE/WIRELESS NETWORKS PROFESSIONAL SERVICES BUSINESS FINTECH DATA MANAGEMENT TECHNOLOGY SECURITY OTHER PROFESSIONAL SERVICES FINANCE OTHER TECHNOLOGY SOURCE: Wolters Kluwer Copyright Business Wire 2025. PUB: 06/24/2025 04:05 AM/DISC: 06/24/2025 04:05 AM
Yahoo
23-06-2025
- Automotive
- Yahoo
Startline Motor Finance names regulatory reporting manager
UK's Startline Motor Finance has appointed Chris Garman as the regulatory reporting and oversight manager. In his role, Garman will ensure accurate regulatory reporting and enhance oversight across Startline. His responsibilities also include promoting data-driven insights to track operational risks and ensuring favourable outcomes for customers. Garman, a University of Stirling graduate, previously served as director of the group data and analytics office at HSBC. He previously worked as vice president of technology and information risk at Morgan Stanley and as an analyst for the national intelligence policing model at the Association of Chief Police Officers in Scotland. Startline Motor Finance CEO Paul Burgess said: 'We are very pleased to welcome Chris to the team. With an ever-higher regulatory focus being an established part of motor finance, he will play a key role in shaping internal operations in a manner that puts the customer first, ensuring compliance and building long-term trust.' Garman commented: 'Given the increasing focus on data-led oversight from the Financial Conduct Authority and the complex landscape of consumer credit regulation, I will be helping ensure that Startline maintains compliance with all relevant requirements. 'My aim is to drive transparency, and continually improve data quality and governance, as well as being ready to readily adapt to future regulatory change to minimise disruption.' A recent survey by Startline showed that more than seven out of ten UK motorists are open to purchasing vehicles from emerging Chinese car manufacturers. In the survey, 72% of respondents expressed willingness to consider Chinese cars. BYD emerged as the most recognised brand among potential buyers, with 28% awareness, followed by Maxus at 19% and Chery at 14%. Other brands such as Aiways, Denza, and Jaecoo each garnered 11%, while Omoda and Xpeng stood at 10%. Nio, Skywell, and GWM Ora achieved 9%, with Leapmotor, Lynk & Co, HiPhi, and Zeekr trailing. "Startline Motor Finance names regulatory reporting manager" was originally created and published by Motor Finance Online, 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.
