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ComplianceFinanceDecember 23, 2020

Wolters Kluwer FRR wins major risk regulatory reporting and RegTech awards

Wolters Kluwer FRR enjoys record year for independent industry recognition.

Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) business has won three major awards with leading industry publications. IBS Intelligence has named the company’s OneSumX for FRR solution as being the Most Impactful in Risk Management and the Most Impactful in Compliance/RegTech in its Global FinTech Innovation Awards, 2020. Regulation Asia, meanwhile, has named the software its Best Solution in Regulatory Reporting in its Awards for Excellence, 2020.

Established in 1991, IBS Intelligence, a member of Cedar Group, is a highly regarded global FinTech news, research and analyst firm. It is the second year running that Wolters Kluwer FRR has won in the Compliance/RegTech category and the first time the company has triumphed in the risk category.

Regulation Asia is a leading source for actionable regulatory intelligence for Asia Pacific markets, with more than 8,500 subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers. This is the second time in the past three years that Wolters Kluwer FRR has won the regulatory reporting accoalde with the publication.

The awards are announced as Wolters Kluwer FRR confirmed that 2020 was a record year for independent industry recognition.

Risk magazine recently awarded the company its coveted Regulatory Reporting System of The Year Award for the third year running and Wolters Kluwer FRR is the #1 provider in both Regulatory Reporting and Liquidity Risk according to the RiskTech100, as compiled by Chartis Research. Central Banking, meanwhile, named Wolters Kluwer FRR its 2020 Technology Partner For Regulatory Compliance.

The company, which is part of Wolters Kluwer’s Governance, Risk & Compliance division, won a total of 24 highly competitive and independently judged awards this year, compared with 22 in 2019, the previous record. Corporate Vision, The New World Report, APAC Insider, EU Enterprise News, Wealth & Finance International and Finance Monthly were among the other publications to acknowledge Wolters Kluwer FRR’s excellence and inovation in the provision of integrated regulatory compliance and reporting solutions during 2020.

About Wolters Kluwer

Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the health, tax & accounting, governance, risk & compliance, and legal & regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.