Press release

Wolters Kluwer FRR Holds Basel IV Webinar in Association With American Banker

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Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) business is holding a webinar with American Banker dedicated to discussing the complexities of Basel IV. The webinar, being held on October 29, will examine how technology can help banks not only comply with ever changing regulations in a timely manner, but also leverage their investment to anticipate breaches and shortfalls.

Topics up for discussion include examining how integrating regulatory metrics across market and liquidity risk can benefit banks, along with how innovative technology can increase quality, consistency and control in what is an increasingly complex process. Attendees will also hear how they can minimize financial technology maintenance costs to handle ever-changing regulations.

Bart Everaert, Director of Product Management, Risk and Finance, Americas, for Wolters Kluwer FRR will be exploring the issues along with Mike Sisk, Contributing Editor for American Banker.

To help with the considerations that will be discussed during the webinar, Wolters Kluwer FRR clients are implementing OneSumX for Basel — an end-to-end solution encompassing finance, risk and regulatory reporting. With OneSumX for Basel firms receive a full, end-to-end Basel IV process from data integrity and lineage, through to finance and risk management, and into regulatory calculators and reporting. Using this solution firms can also integrate finance and risk applications to combine prudential consolidation with risk metrics and regulatory content.

Wolters Kluwer FRR, which is part of Wolters Kluwer’s Governance, Risk & Compliance division, is a global market leader in the provision of integrated regulatory compliance and reporting solutions. It supports regulated financial institutions in meeting their obligations to external regulators and their own board of directors.

Wolters Kluwer FRR receives frequent independent recognition of its excellence and innovation, celebrating a record year for award wins in 2019. Risk magazine recently awarded the company its coveted Regulatory Reporting System of The Year Award for the third year running and Wolters Kluwer FRR is the #1 provider in both Regulatory Reporting and Liquidity Risk according to the RiskTech100, as compiled by Chartis Research.

About Wolters Kluwer Governance, Risk & Compliance

Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.

Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2019 annual revenues of €4.6 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.