01/12/2022 05:35 PM

KUALA LUMPUR, Dec 1 (Bernama) -- Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR) has won a number of independent industry awards celebrating excellence and innovation in the Asia-Pacific (APAC) region.

Wolters Kluwer’s OneSumX for Regulatory Reporting has been named the “Best Solution in Regulatory Reporting” by Regulation Asia in its prestigious Awards for Excellence for the fourth time in five years.

According to a company statement, APAC Insider has recognised the company’s leading position in the field, naming the company Best Regulatory Reporting Provider for Singapore.

Meanwhile, RegTech Insight has awarded the firm its Best Regulatory Compliance Solution for IFRS 9 accolade in its APAC Awards.

OneSumX for Regulatory Reporting, a service that combines bank data into a single source of data to ensure consistency, reconciliation and accuracy, which includes Wolters Kluwer’s Regulatory Update Service, is maintained by Wolters Kluwer experts who actively monitor regulation in 30 countries.

Regulation Asia judges noted how Wolters Kluwer FRR has continued to evolve and stay relevant in an ever-changing industry and is seen by banks and regulators alike as a trusted technology partner.

Regulation Asia, founded in 2013, is a leading online publication, providing actionable regulatory intelligence for APAC markets while RegTech Insight is part of A-Team Insight. APAC Insider is part of the international publishing house AI Global Media.

Wolters Kluwer FRR, which is part of the company’s governance, risk and compliance (GRC) division, is a global market leader in the provision of integrated regulatory compliance and reporting solutions. 


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