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    OneSumX for FRR
    • 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 compliance—increasing organizational profitability, efficiency and growth

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    Advanced Ledger Accounting

    OneSumX Ledger 

    Manage business and finance data within a single scalable architecture
    and banking accounting hub. Gain clear-cut, reliable information, streamline accounting processes and automate manual functions with audit level transparency.
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    Wolters Kluwer's FRR is now part of Regnology 

    Wolters Kluwer’s FRR business is now part of Regnology

    Visit Regnology’s website for detailed information and the latest updates on our Finance, Risk, and Regulatory Reporting solutions.
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    An integrated ledger solution

    OneSumX for Finance provides subledger and general ledger (GL) accounting functionalities for banks and their financial instruments. It’s a modular system that centralizes and generates accounting to provide transparent and accurate information to key stakeholders.

    OneSumX Ledger operates as a banking accounting hub, seamlessly linking accounting positions to contract and counterparty data. It serves as a robust foundation for financial risk, product control, management, and regulatory reporting. With support for stand-alone and consolidated positions across multiple GAAPs, it enables automated and transparent reconciliation in a single platform.

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    Save time
    Seamlessly automate processes to provide fast, reliable reporting data.
    Free up time for valuable business deliverables. Bring down financial close
    from days to hours.
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    Reduce costs
    With timely granular, shared and trusted data for business, risk and
    finance in a single place, banks can reduce the cost of ownership and
    compliance for multiple divisions.
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    Eliminate silos by unifying all data and processes within a single system.
    OneSumX Ledger serves as a centralized financial data hub, providing a
    curateddata source across finance, risk, asset liability management, and
    regulatory reporting.
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    Low-risk implementations
    With a strong track record across banks of all sizes, we offer seamless
    ledger integration and accelerators to generate accounting for most financial
    instruments, ensuring efficient and reliable implementation.

     

    OneSumX Ledger solution features

    OneSumX meets the growing demand for accurate data from management, markets, and regulators. It ensures data quality and consistency across departments, preventing inconsistencies that can slow operations and impact decision-making. With OneSumX, banks can manage multiple entities and subsidiaries under IFRS / US GAAP and local GAAPs while handling diverse financial products in multiple currencies, and within various supervisory frameworks.
    • Centralize granular business and accounting data

      • Centralize your data architecture to accurately model all financial instruments
      • Eliminate the need for aggregating or replicating the financial instrument data into a general ledger
      • Access detailed insights through a granular analytical key
      • Ensure data consistency at the most granular level
      • Assure data quality with a central control framework
      • Consolidate financial figures ground-up from their stand-alone positions
      • Audit data changes with a centralized audit system
    • Simplify the data complexities of a bank

      • Account for different entities and chart of accounts with one single solution
      • Generate complex accounting entries for financial instruments with the accounting engine
      • Manage the accounting and balance for multiple GAAPs in an aligned way
      • Speed up implementation with prepackaged accounting rules
      • Break down balance amounts per day, period, and year, across original, local, and reporting currencies
    • Streamline accounting

      • Simplify complex accounting rules with a central and versioned business rules engine
      • Streamline accounting data pipelines to a central source of reference with simplified integration capabilities
      • Be compliant with data quality standards and governance rules with our strong monitoring framework
      • Automate and refactor user-heavy processes and speed up the close of business
    • Flexible, fast and reliable financial reporting

      • Analyze figures along specific dimensions to the most granular level
      • Meet internal and regulatory data demands on time with accuracy
      • Intervene when needed, with the support of the four-eyes principles
      • Implement reporting requirements quickly with zero or minimal impact on the chart of accounts
      • Assure that your reports are using the same detailed data and minimize reconciliation efforts
      • Free up resources from report preparation to work on value-adding analysis and activities
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    Transform your Bank’s finance operations with OneSumX

    Discover how OneSumX for Finance empowers banks with centralized data, compliance tools, and future-proof financial banking software to simplify finance management and streamline operations.
    Financial Transformation for Banks

    Related OneSumX solutions for finance management

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    OneSumX for Finance

    An end-to-end finance management solution for banks, designed to centralize, automate, and streamline financial operations. With real-time data, automated workflows, and integrated analytics, OneSumX empowers banks to enhance efficiency and drive strategic finance transformation.
    Financial Management Solution
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    OneSumX IFRS 9

    OneSumX IFRS 9 allows for an end-to-end treatment of expected credit loss (ECL) and IFRS disclosure requirements.
    IFRS 9 Solution for Banks
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    OneSumX Financial Consolidation

    Centralize, automate and manage all your consolidation and month-end closing processes.
    OneSumX Financial Consolidation Solution
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      OneSumX for Finance, Risk and Regulatory Reporting

      Vores OneSumX FRR-pakkeløsning giver dig redskaberne til at sikre opfyldelse af alle krav til finansiel, risiko- og regulatorisk rapportering i en enkelt integreret platform.
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