Enabling organizations to ensure adherence with ever-changing regulatory obligations, manage risk, increase efficiency, and produce better business outcomes. If you have one already please sign in. Wolters Kluwer is a global provider of professional information, software solutions, and services for clinicians, nurses, accountants, lawyers, and tax, finance, audit, risk, compliance, and regulatory sectors. P_ oJHJFJDBZH)B*MP1ay*R(t`" To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe. Prevents inability to identify Politically Exposed Persons (PEP) and/or other types of high risk customers. Visit our global site, or select a location. With OneSumX for Employee Compliance in place, your firm . rVxNogTu'flM+7Jj1]tUmGC5wt0Vt4C,f r`/j B@,vc04H`(q`RepQ0=A}3.p? Share Buyback Transaction Details June 22 - June 28, 2023. We are waiting for the vendor to publish their solution profile. With workflows optimized by technology and guided by deep domain expertise, we help organizations grow, manage, and protect their businesses and their clients businesses. OneSumX Professional Services | Consulting Services | Wolters Kluwer Net sales break down by market as follows: Visit our global site, or select a location. "The fact that operational risk is highly connected with other parts of the business has really started to come through in the last 12-18 months.". Automated intensive review and assessment processes capture and report on losses, breaches and control failures, and the service also aggregates risks and ensures all issues are managed to closure. Access assistance with questions around onboarding, troubleshooting, upgrades or new solutions, products and services. - legal and regulatory (16.8%): CaseWorx, CGE, Enablon, InView, Iter, Jogtr, Jura, Kleos, Legal Intelligence, Legal Monitoring, Legisway, LEX, Navigator, NotaioNext, ONE, Progman, RBSource, Schulinck, Simpledo, VitalLaw and Wolters Kluwer Online. Enabling tax and accounting professionals and businesses of all sizes drive productivity, navigate change, and deliver better outcomes. FinCEN 314a list: Check against FinCENs list of subjects under investigation for suspected engagement in money laundering, etc. Dedicated workflows with capability for supervisor approval, QA review, random audit, etc. The financial services provider decided to do away with existing brand solutions including ARC Logics, CRN, Wiz Sentri, Examiner, Summix, RiskPro, RegPro, Financial Studio, Svenson, BankReg and IS2 and combine them into a single planning system, which clients say gives them a more consolidated view across all business units of a firm. ECB zeroes in on wrong-way risk as a key lesson of Archegos, Buy-siders to face rising settlement risks when 2 becomes 1, As Libor ends, credit-sensitive rates face day of reckoning, Meet the sharks, stroke the rays in hidden OTC ecosystem, Scope of CDS anti-fraud rule raises concerns, California Residents Do not sell my personal information. 2023 Wolters Kluwer N.V. and/or its subsidiaries. All content is available on the global site. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/, Macquarie brought home four wins at the Energy Risk Asia Awards 2022 a testament to the diversity of the high-quality solutions and services it offers its clients. Wolters Kluwer N.V.: Wolters Kluwer appoints divisional CEOs, creates Companies are registered in England and Wales with company registration numbers 09232733 & 04699701. The change an example of a policy U-turn that companies need to keep on top of means it will be back to the regulator to prove reasonable steps to prevent regulatory breaches were not taken. All rights reserved. The group serves customers in over 180 countries, maintains operations in over 40 countries, . Offering comprehensive tools and expert guidance to companies to help meet regulatory requirements to support sustainability efforts and manage ESG risks efficiently. "But this has evolved as our customers start breaking down their risk siloes and seek an appropriate governance solution. - governance, risk and compliance (24.4%): BizFilings, CASH Suite, ComplianceOne, CT Corporation, eOriginal, Expere, GainsKeeper, LegalVIEW BillAnalyzer, Lien Solutions, OneSumX, Passport, TSoftPlus and TyMetrix 360; OneSumX for Regulatory Reporting OneSumX for Regulatory Reporting In-depth expertise and award-winning technology giving you the tools to achieve regulatory compliance and improve decision making. Wolters Kluwer delivers trusted content and software solutions to help you execute on the key processes associated with compliance program management. Specialized in clinical effectiveness, learning, research and safety. 2023 Wolters Kluwer N.V. and/or its subsidiaries. That part of the legislation has now been diluted by the UK Treasury, which announced on October 15 that senior managers would be subject instead to a "duty of responsibility" clause. Prevents warnings or fines during examination or audit for inconsistent processes or use of error-prone manual worksheets. Wolters Kluwer's OneSumX ProViso helps firms manage the enormous volume, breadth and scope of ongoing regulatory changes impacting their businesses. OneSumX ProViso - Wolters Kluwer An integrated and streamlined approach to achieve successful market conduct program management. It provides a holistic approach to ESG - from ESG data management, climate risk impact assessment to EBA ESG disclosures reporting. All content is available on the global site. Minneapolis-based Wolters Kluwer Financial Services, the winner of Operational Risk's op risk product award, has had a busy year with the launch of its OneSumX brand a suite that comprises four solutions: finance, risk and reporting; financial crime control; audit management; and GRC. OneSumX FRR customer support login. 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. OneSumX for Finance, Risk and Regulatory Reporting - Wolters Kluwer Service (RUS) for OneSumX FRR, OneSumX for Integrated Risk & Finance Overview Brochure, OneSumX for Finance Hedge Accounting Solution Primer, OneSumX IFRS 9 Expected Credit Loss Impairment Product Sheet, OneSumX Budgeting and Forecasting Product Sheet, OneSumX for Financial Risk Management Overview Brochure, OneSumX Liquidity CoverageE Ratio (LCR) and 2052, OneSumX Integrated Risk and Reporting for Pillar 2 in the UK, OneSumX Integrated Risk and Reporting for Pillar 2 in Asia Pacific, OneSumX for Regulatory Reporting Overview Brochure, OneSumX Regulatory Reporting for Investment Firms, OneSumX EBA & Local Regulatory Reporting Solution Primer, OneSumX Regulatory Reporting for Foreign Banking Organizations (FBOs), OneSumX Business Analytics Solution Primer, OneSumX Dynamic Analysis Dashboard Product Sheet, To report a potential security or system availability issue related to OneSumX FRR products, please e-mail our team at. . Alerts allow you to receive notifications about the latest updates in products and services, regulatory information, and your cases. JROC Releases Recommendations for The Future of Open Banking in the UK, Stripe Raises More than $6.5B in Series I Funding Round, HSBC acquires Silicon Valley Bank UK Limited, The SVB Collapse and Rising Concern Among the UK Startups, Fintech Trends in 2023: Banking, Payments, Blockchain, RegTech and More, 2022 at a Glance Top Fintech Stories of the Year, Clausematch Recognized as RegTech of the Year 2022 by the US Fintech Awards, CaixaBank Becomes the Only European Bank Selected by the ECB to Collaborate in Prototyping the Digital Euro. 2023 Wolters Kluwer Financial Services, Inc. All rights reserved. We streamline legal and regulatory research, analysis, and workflows to drive value to organizations, ensuring more transparent, just and safe societies. Only limited material is available in the selected language. view required to effectively understand risk across the organization. Combination of profiling and transactional analysis with a customers compliance program. Wolters Kluwer Introduces OneSumX ProViso to Help Manage Financial OneSumX for Regulatory Change Management for Insurers. Specialized in clinical effectiveness, learning, research and safety. Request More Information Request More Information OneSumX for FRR Contact Us Wolters "They then have evidence of what changes have happened on the legislative or regulatory side, and what they've done as a result of that. Director of Global Corporate Communications, Banking & Regulatory Compliance Please contact info@risk.net to find out more. OneSumX for Finance, Risk and Regulatory Reporting, OneSumX provides an ecosystem of complementary and comprehensive solutions and services to manage the intersection of governance, finance, risk and complianceincreasing organizational profitability, efficiency and growth. Connect Finance & Operations. Wolters Kluwer provides an integrated compliance management system for managing the complete breadth of your regulatory requirements from defining policies and procedures to board reporting. OneSumX: KYC | Wolters Kluwer | Celent About Wolters Kluwer OneSumX FRR Support Customer Secure Login Page. Wolters Kluwer is a global provider of professional information, software solutions, and services for clinicians, nurses, accountants, lawyers, and tax, finance, audit, risk, compliance, and regulatory sectors. Trusted clinical technology and evidence-based solutions that drive effective decision-making and outcomes across healthcare. OneSumX for Complaint Management | Wolters Kluwer %PDF-1.6 % Governance, Risk & Compliance Serving legal professionals in law firms, General Counsel offices and corporate legal departments with data-driven decision-making tools. OneSumX for Financial Risk Management The adoption of Basel III and Dodd-Frank to deliver this mandate is bringing challenges to CFOs and/or CROs. Enabling organizations to ensure adherence with ever-changing regulatory obligations, manage risk, increase efficiency, and produce better business outcomes. OneSumX for Finance, Risk, Regulatory Reporting Dicetek - Dicetek Solutions Back to OneSumX for Finance, Risk, and Regulatory Reporting. Download Financial IT App for Free. Tim Burniston, Senior Advisor, Regulatory Strategy, Wolters Kluwer Compliance Solutions, recently shared insights with The Scotsman Guide on how lenders will be affected by these new regulations, the timeline, the importance of advance planning, and more in a Q&A article. Kathy Donovan, Senior Compliance Counsel, and Dawn Barker, Senior Sales Solution Consultant, will outline the challenges of managing regulatory changes and walk you through how the components and capabilities of an automated solution, such as OneSumX for Regulatory Change Management, could help ease your regulatory burden. Net sales are distributed geographically as follows: the Netherlands (3.7%), Europe (24.9%), North America (63.7%), Asia/Pacific (6.1%) and other (1.6%). OneSumX for Finance, Risk and Regulatory Reporting. /Feature/WoltersKluwer/OneWeb/SearchHeader/Search, Industry-leading clinical decision support, The worlds most trusted medical research platform, Evidence-based drug referential solutions, Workflow solution for clinical practice improvements, Range of expert solutions for tax, accounting and legal professionals, Robust and proven compliance and reporting solution, Integrated suite with all the essential tools you need to run your modern accounting practice, Instantly access the latest high quality research content, Discover our solution for ESG climate risk and regulatory requirements, Software solutions for risk & compliance, engineering & operations, and EHSQ & sustainability, Integrated regulatory compliance and reporting solution suite. You can read our brochures to gain an overview of our OneSumX Finance, Risk and Regulatory Reporting (FRR) solution suite. The offering was developed for larger institutions operating across multiple jurisdictions and thus challenged with managing the massive volume, breadth and scope of ongoing regulatory changes impacting their businesses. OneSumX for Regulatory Change Management tracks regulatory changes across a list of global agencies and organizes them to create structured, value-added content that is paired with an easy to use software solution. OneSumX for Finance, Risk and Reporting Customer Support - Wolters Kluwer You need to sign in to use this feature. OneSumX OneSumX | OneSumX for Finance, Risk and Regulatory Reporting is a best-in-class integrated regulatory compliance and reporting solution suite. Formalizes understanding as to how best to risk rate customers. The business, which sits within Wolters Kluwers Financial & Corporate Compliance (FCC) division, helps these financial institutions efficiently manage risk and regulatory compliance obligations, and gain the insights needed to focus on better serving their customers and growing their business. Our commitment to your organizations success extends well beyond the implementation of the OneSumX for Finance, Risk, and Regulatory Reporting software solution. OneSumX FRR - the ability to connect it all together About Wolters Kluwer Wolters Kluwer Finance, Risk & Regulatory Reporting, part of Wolters Kluwer's Governance, Risk & Compliance division, is a global market leader in integrated regulatory compliance and reporting solutions. The key components of Compliance Program Management. OneSumX for Regulatory Change Management treats compliance holistically and provides insurers with a centralized and automated approach that drives greater control, efficiency and certainty. The OneSumX for Complaint Management system guides the user through data entry to capture required complaint information, including attributes such as category, severity, priority, product/process name, customer information, preliminary findings, due dates, and more. Enabling organizations to ensure adherence with ever-changing regulatory obligations, manage risk, increase efficiency, and produce better business outcomes. Read the Brochure OneSumX for Compliance Program Management OneSumX for Compliance Program Management provides a comprehensive set of solutions for managing your organization's regulatory compliance requirements. OneSumX We specialize in unifying and optimizing processes to deliver a real-time and accurate view of your financial position. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 2023 Wolters Kluwer N.V. and/or its subsidiaries. Specialized in clinical effectiveness, learning, research and safety. Login . Centralizing all investigations in this manner allows for better management oversight, Workflow - fully configurable workflow to support an institution's organizational structure, policies, procedures and processes; automated actions, such as email notifications and prompting users to enter information or executing tasks, Suspicious Activity Reporting (SAR) - for activity the financial institution decides to report to FinCEN, Reporting - user-friendly reporting wizard and dashboard builder allowing non-technical end-users to create powerful reports, Click to express your interest in this report, Indication of coverage against your requirements. ID Verification & Customer Due Diligence Module, Internal Fraud Module, Check Fraud Module. It is up to the bank to ensure appropriate capture mechanisms are in place for that information, including who will receive the alert and push the information through the business accordingly, using the workflow engine. Actionable Insights. for Risk and Controls Assessment provides the high-level, whole picture Singapore Budget 2022 HR (Employment Law) Report Highlights, GST Overview of OVR and reverse charge 2022/23, OneSumX for Finance, Risk, and Regulatory Reporting Overview Brochure, OneSumX FRR Data Management Solution Primer, Regulatory Update ", As banks and other financial institutions grew in size and market activity throughout the boom years of the early 2000s, their business lines developed progressively without any "looking over the fence", says Gregory. OneSumX CDD is available for offering via the following methods: Cross-sell from ComplianceOne Lending, Deposit, Mortgage, or ARTA Lending customers. "The idea is that from a single platform we're providing board members and senior managers with a view of the governance that surrounds how they address risk," says Gregory. OneSumX for ESG enables financial institutions to collect, control, centralize, and consolidate all their environmental, social and governance data on a single platform. Contact Us Our core service offering Our Professional Services team provide trusted and reliable support in pre and post implementation of your OneSumX Finance, Risk and Regulatory Reporting solution. OneSumX CDD is a secure, web-based suite of services that financial institutions use to comply with Bank Secrecy Act requirements and USA PATRIOT Act (KYC/CIP) regulations, when onboarding new customers. jXa>Q|H mD! 9; endstream endobj 171 0 obj <> endobj 172 0 obj <> endobj 173 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/TrimBox[0.0 0.0 595.28 841.89]/Type/Page>> endobj 174 0 obj <>stream Brian Gregory, regional vice-president for non-financial risk and GRC (governance, risk and compliance) at Wolters Kluwer Financial Services, says firms need a quick way of understanding the impact of changes to regulation: "They want to know that if [the Basel Committee on Banking Supervision] changed the rules on the capital adequacy tests, which of their business units will be impacted and which controls do they currently have in place or need to implement that ensures they meet those requirements.". If you have any problems with your access, contact our customer services team. About Wolters Kluwer Wolters Kluwer is a global provider of professional information, software solutions, and services for clinicians, nurses, accountants, lawyers, and tax, finance, audit, risk, compliance, and regulatory sectors. pricing, capacity, etc), Business Intelligence & Reporting Systems. gifts & entertainment and political contributions. OneSumX for ESG | Climate Financial Risk Management | Wolters Kluwer For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Twitter, Facebook, and YouTube. Please contact info@risk.net to find out more. Gain a complete picture of your enterprise's risk profile so that your teams can take action even under the pressure of the rapid rate of regulatory change. The business, which sits within Wolters Kluwers Governance, Risk & Compliance division, helps these financial institutions efficiently manage compliance obligations tied to loan and deposit origination transactions and workflows, manage risk and other regulatory compliance obligations, and gain the insights needed to focus on better serving their customers and growing their business. Wolters Kluwer OneSumX Financial Crime Control (FCC) Why are employees unhappy at their workplaces? We streamline legal and regulatory research, analysis, and workflows to drive value to organizations, ensuring more transparent, just and safe societies. Solution combines AI with subject matter experts to help financial institutions manage regulatory change. Wolters Kluwer Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks and credit unions, insurers and securities firms. We streamline legal and regulatory research, analysis, and workflows to drive value to organizations, ensuring more transparent, just and safe societies. Removes confusion about KYC/CIP requirements and best practices. Specialized in clinical effectiveness, learning, research and safety. OneSumX for Regulatory Change Management | Wolters Kluwer Wolters Kluwer's OneSumX for Regulatory Reporting wins major award from Solutions for tax, accounting and legal professionals. Curators find content published by regulators or legislators such as announcements of changes, policy statements, consultation papers or speeches as well as other industry commentary and articles which are tagged and loaded into the GRC solution. OneSumX ProViso uses Wolters Kluwers regulatory change data feeda comprehensive, legal library of state and federal citations and requirementsand logically analyzes, groups and clusters relevant legal requirements across multiple jurisdictions. 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Small business lenders must begin preparing for new data collection requirements from Section 1071 of the Dodd-Frank Act that were finalized in March 2023. Regulators are requiring nancial institutions to: Hold more and better quality capital Meet minimum standards for short and long term liquidity in the form of the: Liquidity Coverage Ratio (LCR) Trusted clinical technology and evidence-based solutions that drive effective decision-making and outcomes across healthcare. Internet Explorer presents a security risk. The product started life with a strong focus on operational risk, explains Gregory. With the onslaught of post-crisis financial regulation showing no sign of abating and many new rules only now developing real momentum it can be difficult to keep abreast of the continual updates, amendments and cross-border clarifications, let alone act on them. . OneSumX for Compliance Program Management. Wolters Kluwer expert shares insights for banks on Dodd-Frank Act small Automatic search of our extensive knowledge database when you create a case, that returns related and suggested articles. Meeting financial compliance requirements from a single source solution, Reduces risk due to under-reporting of cash activity, Removes uncertainty whether all reportable activity is being detected and logged, Prevents fines due to late and/or overlooked CTRs, Solves issues due to luck of understanding how to report activity from non-customers, Prevents criticism from regulators to improve CTR logging and filing process, Facilitates data-intensive and time-consuming investigations requiring investigators to review customer information, transactions and account activity from many different core systems, Supports cases for multiple types of fraud and unlawful activity requiring investigation, e.g. Wolters Kluwer's new GRC offering will also help firms assign risk management responsibility and accountability within the business, which will alleviate regulatory pressure points such as the UK Senior Managers Regime. Corporate Communications Manager, Banking & Regulatory Compliance From our flagship OneSumX: AML-CTR for large bank to down market focused OneSumX: CDD (customer due diligence). Enabling tax and accounting professionals and businesses of all sizes drive productivity, navigate change, and deliver better outcomes. 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