Wolters Kluwer and Chartis to host regulatory data webinar

LONDON--(BUSINESS WIRE)--Wolters Kluwer’s Finance, Risk & Reporting (FRR) business is hosting a webinar dedicated to discussing how banks should be encouraged to adopt a strategic approach to align regulatory and financial data. The event, taking place on August 26, is being co-hosted with Chartis Research and will include tips for how banks can best deal with the spiraling data management costs resulting from disruptions caused by the COVID-19 pandemic.

A strategic approach for aligning regulatory and financial data improves operational efficiencies leading to better business decisions. Topics up for discussion include exploring how universal data from accounting standards like IFRS9 and CECL can be leveraged for a consistent approach to data across an enterprise and best practices for ensuring proper data management.

Speakers at the event include Will Newcomer, Vice President of Strategy for Wolters Kluwer FRR, Americas, and Sidharth Dash, Research Director for Chartis.

Wolters Kluwer FRR, which is part of Wolters Kluwer’s Governance, Risk & Compliance division, is a global market leader in the provision of integrated regulatory compliance and reporting solutions. It supports regulated financial institutions in meeting their obligations to external regulators and their own board of directors.

Wolters Kluwer FRR receives frequent independent recognition of its excellence and innovation, celebrating a record year for award wins in 2019. 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.

About Wolters Kluwer Governance, Risk & Compliance

Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.

Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2019 annual revenues of €4.6 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.