Wolters Kluwer is this year's Category Winner for both Regulatory Reporting and Liquidity Risk in the annual RiskTech100® report. This comprehensive study of the world’s leading risk and compliance technology companies is compiled by Chartis Research. Notably, this is the eighth time in nine years that Wolters Kluwer has achieved the Regulatory Reporting honor and the first time that Wolters Kluwer has triumphed in the Liquidity Risk rankings.
Other significant Wolters Kluwer achievements include ranking #8 overall, with the six place rise from last year’s rankings being one of the largest jumps in the report. Wolters Kluwer also gained the second place honorable mention in the Regulatory Intelligence category and joint #4 in Functionality, ranking as the #1 provider for Customer Satisfaction within the Top Ten. These scores reflect the wide range of integrated regulatory compliance and reporting solutions offered by its Finance, Risk & Reporting (FRR) business, along with the regulatory change management and operational risk offerings from Wolters Kluwer's Compliance Program Management (CPM) business, in addition to wider Wolters Kluwer product offerings in the compliance field.
“Following in-depth analysis into the marketplace, we determined that Wolters Kluwer was the category award winner for Regulatory Reporting – an accolade it has enjoyed for several years in our rankings – as well as Liquidity Risk,” said Rob Stubbs, Head of Research at Chartis. “Wolters Kluwer scored well this year, breaking into the Top Ten, with high positions in Functionality and Customer Satisfaction, as well as securing the two category winner awards. On behalf of Chartis I would like to congratulate Wolters Kluwer on a thorough entry which showcased the company’s innovations and strengths.”
“Wolters Kluwer is committed to helping financial institutions address their most complex Risk, Compliance and Regulatory Reporting obligations with market leading technology and exceptional client service,” commented Richard Flynn, Chief Executive of Wolters Kluwer’s Governance, Risk & Compliance (GRC) Division. “We are extremely proud to be recognized in the top ten of the Chartis RiskTech100 Rankings, widely regarded as the gold standard for the industry.”