Press Release: Wolters Kluwer Holds Annual Global Client Conference to Discuss Integrated Regulatory Compliance & Reporting Trends

Wolters Kluwer is holding its annual Client Conference for Financial Services in London next week. The event, which takes place on October 12 and 13, brings together the firm’s valued clients globally to discuss finance, risk and regulatory reporting trends and challenges. The conference also allows clients to influence and drive Wolters Kluwer’s product strategy for its integrated regulatory compliance and reporting solution suite.

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Rajat Somany, Vice President of Strategy, Product & Platform Management for Wolters Kluwer’s Finance, Risk & Reporting business will deliver a keynote presentation, “Moving to the next regulatory level for deeper insight.”

“Regulatory requirements have been centered on firms submitting static reports at a specific time, in the correct format for years,” Somany says. “In this presentation we will discuss how regulators are increasingly expecting to obtain meaningful data assurance versus receiving static reports via regulation such as BCBS 239, Smart Cubes, IFRS 9, AnaCredit, CECL and MAS 610 to mention a few. We will also discuss this additional insight so that it can be utilized by senior management teams to enhance internal decision making.”

Attendees will also have the opportunity to hear from Giancarlo Pellizzari, Head of the Banking Supervision Data Division at The European Central Bank, as well as directly from clients. Senior representatives from banks including, Mizuho, SMBC, Delta Lloyd Bank, Sberbank and BNP Paribas, will provide fresh perspectives on experiences and business benefits gained from utilizing Wolters Kluwer’s OneSumX Finance, Risk & Reporting solutions. There will also be interactive sessions around the roadmap and product development across Finance, Risk & Reporting, as well as one-on-one meetings with product team and subject matter experts from Wolters Kluwer.

Guest speakers include Mark Stevenson, one of the world’s most respected writers on technology and societal trends and the author of the best-selling book “An Optimist’s Tour of the Future.” Closing the conference is Sir David Spiegelhalter OBE, Winton Professor for the Public Understanding of Risk, and Professor of Biostatistics, at the University of Cambridge.

“Continued regulatory pressures for global financial institutions are forcing firms to take a long hard look at their business practices, with many choosing to adopt an integrated approach to their mounting compliance and regulatory reporting obligations,” notes Inga Rottmann, Vice President of Global Marketing for Wolters Kluwer’s Finance, Risk & Reporting business. “More than ever firms are adapting their strategy and seeking integration of the Finance, Risk & Reporting business processes, thereby maximizing the value of their data through common business services. We look forward to exploring these and other themes with our clients during the conference.”

About Wolters Kluwer Governance, Risk & Compliance

Wolters Kluwer Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer which provides legal, finance, risk and compliance professionals and small business owners with a broad spectrum of solutions, services and expertise needed to help manage myriad governance, risk and compliance needs in dynamic markets and regulatory environments.

Wolters Kluwer N.V. (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 2016 annual revenues of €4.3 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.