FRR

Wolters Kluwer wins Best ESG Risk Management Solution at ESG Insight Awards

Retrieved on: 
Thursday, May 9, 2024

Wolters Kluwer, a global leader in information, software, and services for professionals, announces that its OneSumX for ESG and Climate Risk Management solution has been recognized as Best ESG Risk Management Solution at the 2024 ESG Insight Awards.

Key Points: 
  • Wolters Kluwer, a global leader in information, software, and services for professionals, announces that its OneSumX for ESG and Climate Risk Management solution has been recognized as Best ESG Risk Management Solution at the 2024 ESG Insight Awards.
  • It provides a holistic approach to ESG, from ESG data management, climate risk impact assessment to ESG disclosure reporting.
  • We are delighted to have been recognized as providing the leading ESG risk management solution.”
    The ESG Insight Awards recognize both established solution vendors and innovative newcomers providing leading ESG solutions, services and consultancy to capital markets participants.
  • Wolters Kluwer Finance, Risk and Regulatory Reporting (FRR) is part of the Wolters Kluwer Corporate Performance & ESG (CP & ESG) division.

MEDIA ALERT: Wolters Kluwer expert comments on European Parliament vote to pass amendment implementing Basel III reforms

Retrieved on: 
Friday, April 26, 2024

The European financial landscape saw a milestone event this week, as the EU Parliament passed the Amendment to Regulation (EU) No 575/2013, implementing the Basel III finalization within Europe.

Key Points: 
  • The European financial landscape saw a milestone event this week, as the EU Parliament passed the Amendment to Regulation (EU) No 575/2013, implementing the Basel III finalization within Europe.
  • “This is a major overhaul of the capital requirements framework, impacting various aspects, including credit risk, operational risk, market risk, and the capital floor.
  • Whereas other significant jurisdictions, including the U.S., the U.K. and Hong Kong, have deferred timelines, the EEA region is now moving ahead with the Basel III reforms without delay.
  • Wolters Kluwer FRR is part of Wolters Kluwer’s Corporate Performance & ESG (CP & ESG) division, headed by CEO Karen Abramson .

Wolters Kluwer announces two senior executive appointments

Retrieved on: 
Wednesday, April 17, 2024

Suzanne Konstance will succeed Dubey as General Manager of Wolters Kluwer Legal & Regulatory U.S, part of the company’s Legal & Regulatory division, effective May 1.

Key Points: 
  • Suzanne Konstance will succeed Dubey as General Manager of Wolters Kluwer Legal & Regulatory U.S, part of the company’s Legal & Regulatory division, effective May 1.
  • Martin O’Malley, CEO of Wolters Kluwer Legal & Regulatory: “I am grateful for Atul’s incisive leadership, which has seen our solutions, services and customers thrive during a period of unparalleled transformation for our industry.
  • Prior to joining Wolters Kluwer, Konstance held senior roles at Pitney Bowes, Citibank, and MetLife.
  • For more information about Wolters Kluwer, please visit: www.wolterskluwer.com

 Wolters Kluwer wins Best Regulatory Compliance Solution for IFRS 9 at the RegTech Insight APAC Awards

Retrieved on: 
Wednesday, March 6, 2024

Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that its Finance, Risk and Regulatory Reporting (FRR) business has been recognized by RegTech Insight, with OneSumX winning the Best Regulatory Compliance Solution for IFRS 9, in its APAC Awards, 2024.

Key Points: 
  • Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that its Finance, Risk and Regulatory Reporting (FRR) business has been recognized by RegTech Insight, with OneSumX winning the Best Regulatory Compliance Solution for IFRS 9, in its APAC Awards, 2024.
  • Angela Wilbraham, CEO at A-Team Group, and host of the 2nd annual RegTech Insight Awards APAC 2024, commented: “These awards celebrate providers of leading RegTech solutions, services and consultancy across Asia-Pacific.
  • The winners were selected by A-Team Group’s RegTech Insight community and demonstrated exceptional creativity in building solutions that solve regulatory challenges.
  • Our congratulations go to Wolters Kluwer for winning Best Regulatory Compliance Solution for IFRS 9.”
    Wolters Kluwer also won the RegTech Insight honor in 2022 .

Wolters Kluwer to share financial risk expertise at RiskMinds International

Retrieved on: 
Monday, November 13, 2023

Wolters Kluwer Corporate Performance and ESG sponsors major financial risk conference, sharing insights from its OneSumX business spanning regulation, financial risk and climate risk challenges.

Key Points: 
  • Wolters Kluwer Corporate Performance and ESG sponsors major financial risk conference, sharing insights from its OneSumX business spanning regulation, financial risk and climate risk challenges.
  • LONDON – November 14, 2023 - Wolters Kluwer’s Corporate Performance & ESG (CP & ESG) division is a partner sponsor at this year’s RiskMinds International conference through its award-winning OneSumX for Finance, Risk & Regulatory (FRR) business.
  • Wolters Kluwer experts will also tackle the challenges surrounding climate risk during the event in London this week.
  • Last month Wolters Kluwer announced OneSumX for Basel , the latest addition to the multi award-winning OneSumX for FRR suite of solutions.

Accura Scan, The Only Certified Biometric Solution Provider in Middle East & Africa for Banks and Telcos

Retrieved on: 
Thursday, December 7, 2023

Commenting on this feat, Director - International Sales, Reza Writer, added, "Ambition greater than resources is in the DNA of Accura Scan.

Key Points: 
  • Commenting on this feat, Director - International Sales, Reza Writer, added, "Ambition greater than resources is in the DNA of Accura Scan.
  • The ISO 30107-3 framework measures a biometric system's false acceptance rate (FAR) and false rejection rate (FRR) at the point of presentation.
  • Passing the evaluation with an FAR of 0%, means that the company's biometric algorithms offer a high level of spoof resistance in all environments.
  • With top-notch Identity Verification & Digital KYC products, it is confident of making a mark in these markets.

Accura Scan, The Only Certified Biometric Solution Provider in Middle East & Africa for Banks and Telcos

Retrieved on: 
Thursday, December 7, 2023

Commenting on this feat, Director - International Sales, Reza Writer, added, "Ambition greater than resources is in the DNA of Accura Scan.

Key Points: 
  • Commenting on this feat, Director - International Sales, Reza Writer, added, "Ambition greater than resources is in the DNA of Accura Scan.
  • The ISO 30107-3 framework measures a biometric system's false acceptance rate (FAR) and false rejection rate (FRR) at the point of presentation.
  • Passing the evaluation with an FAR of 0%, means that the company's biometric algorithms offer a high level of spoof resistance in all environments.
  • With top-notch Identity Verification & Digital KYC products, it is confident of making a mark in these markets.

Boom Supersonic Announces New Aircraft, Engine, and Investment Milestones

Retrieved on: 
Thursday, November 9, 2023

DENVER, Nov. 9, 2023 /PRNewswire/ -- Boom Supersonic, the company building the world's fastest airliner, announced today multiple milestones across the Overture airliner, Symphony engine, and XB-1 supersonic demonstrator programs. The company also confirmed closing of an investment round, including a strategic investment from the NEOM Investment Fund (NIF). Boom's total funding to date now exceeds $700 million.

Key Points: 
  • The company also confirmed closing of an investment round, including a strategic investment from the NEOM Investment Fund (NIF).
  • "Our goal is to bring the world closer together through faster flights," said Blake Scholl, founder and CEO of Boom Supersonic.
  • Announced on October 24, the NEOM Investment Fund is the strategic investment arm of NEOM, the sustainable regional development in northwest Saudi Arabia.
  • The NIF investment now takes Boom's total funding from investment and other capital sources to more than $700 million.

Boom Supersonic Announces New Aircraft, Engine, and Investment Milestones

Retrieved on: 
Thursday, November 9, 2023

DENVER, Nov. 9, 2023 /PRNewswire/ -- Boom Supersonic, the company building the world's fastest airliner, announced today multiple milestones across the Overture airliner, Symphony engine, and XB-1 supersonic demonstrator programs. The company also confirmed closing of an investment round, including a strategic investment from the NEOM Investment Fund (NIF). Boom's total funding to date now exceeds $700 million.

Key Points: 
  • The company also confirmed closing of an investment round, including a strategic investment from the NEOM Investment Fund (NIF).
  • "Our goal is to bring the world closer together through faster flights," said Blake Scholl, founder and CEO of Boom Supersonic.
  • Announced on October 24, the NEOM Investment Fund is the strategic investment arm of NEOM, the sustainable regional development in northwest Saudi Arabia.
  • The NIF investment now takes Boom's total funding from investment and other capital sources to more than $700 million.

Wolters Kluwer introduces OneSumX for Basel at major client conference

Retrieved on: 
Thursday, October 5, 2023

OneSumX for FRR addresses the tactical and strategic needs of finance , risk management , performance, compliance and regulatory reporting teams at financial institutions.

Key Points: 
  • OneSumX for FRR addresses the tactical and strategic needs of finance , risk management , performance, compliance and regulatory reporting teams at financial institutions.
  • Notably, Wolters Kluwer technology and expertise enable compliance with Basel II, Basel III, Basel 3.1 and Basel IV implementation & reporting timelines, allowing teams to make timely, informed decisions to manage risk more effectively, and optimize revenues.
  • “OneSumX for Basel enables banks to be compliant with the complex Basel regulations with an integrated solution, utilizing our unique Regulatory Update Service.
  • Basel reporting is a vital component of this.”
    Demonstrations of the solution suite and the new capabilities will be available to attendees of the FRR Client Conference.