Taiwan’s E.SUN Bank has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting as its regulatory reporting software, with its Sydney branch being the first location to implement the solution in order to meet the regulatory reporting requirements of the Australian Prudential Regulation Authority (APRA). The bank is also considering rolling out the Wolters Kluwer solution in other countries.
OneSumX for Regulatory Reporting combines bank data into a single source of data to ensure consistency, reconciliation and accuracy and includes Wolters Kluwer’s Regulatory Update Service. This unique service is maintained by Wolters Kluwer experts who actively monitor regulation in 30 countries.
The E.SUN Commercial Bank, commonly known as E.SUN Bank was founded in 1992, has 139 branches in Taiwan and branches in Australia, the U.S., Hong Kong, Singapore, Vietnam, Japan and Myanmar.