Integrating FRR
FinanceJune 10, 2020

Wolters Kluwer to hold COVID-19 webinars addressing strategic approaches to risk management

Wolters Kluwer’s Finance, Risk & Reporting (FRR) business is holding a series of webinars dedicated to investigating the impact of COVID-19 and how banks can adapt and adopt a long-term strategic approach to risk management.

The first webinar, “The New Normal - Navigating and reassessing your long-term strategic approach to Risk Management in light of COVID-19,” takes place on June 10 and will be hosted by Francis Lacan, Director of Risk Products at Wolters Kluwer FRR. During the event Lacan will explore how firms can adapt their strategic planning to manage the fallout from the pandemic, covering credit, market and liquidity risk as well as stress testing. Other topics up for discussion include asset market effects and bank stress disclosures and how to determine the severity of macroeconomic stress scenarios.

The second webinar, “The New Normal – Managing Risk in an Age of Uncertainty,” takes place on July 1. Jeroen Van Doorsselaere, Director of Value Proposition at Wolters Kluwer FRR, will examine the implications of emerging risks, their impacts and how to deal with them. Topics covered will include planning for the next pandemic or major climate event on the horizon and risk optimization in times of uncertainty. Van Doorsselaere will also explore prudential risk and financial risk measures across finance, risk, and regulatory requirements.

Wolters Kluwer’s GRC division is leveraging its product innovation and domain expertise in other ways to help the financial services industry respond to the COVID-19 pandemic. Its Compliance Solutions business, for example, offers Paycheck Protection Program Supported by TSoftPlus™ to support stimulus loan applications and loan forgiveness processes under the Coronavirus Aid, Relief, and Economic Security Act or CARES Act. Wolters Kluwer Lien Solutions, meanwhile, has also recently established a technology solution specifically designed to help U.S. lenders navigate Paycheck Protection Program loan applications, and associated compliance and risk mitigation requirements, resulting from the CARES Act. The Business Entity Search for CARES Act solution conducts bulk/batch corporate identity searches to verify the business status of potential borrowers.
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.