Chartis Research has named Wolters Kluwer Financial Services a Category Leader and top-rated provider for the financial services industry in its RiskTech Quadrant ® on Operational Risk Management Systems for the second year in a row.
The May 2014 report from Chartis evaluates operational risk management providers on two key factors-completeness of offering and market potential. According to Chartis, Category Leaders, such as Wolters Kluwer Financial Services' and its ARC Logics enterprisegovernance, risk and compliance solution "demonstrate a clear strategy for sustainable, profitable growth matched with best-in-class solutions."
"Operational and enterprise risk management consistently rank as two of the most critical areas for financial organizations across the globe to focus on," said Todd Cooper, vice president and general manager of the company's Enterprise Risk & Compliance business. "Our position in this report reflects the strength of Wolters Kluwer Financial Services' solutions as well as the depth and breadth of our expertise to help organizations effectively manage risk in this space."
In March, Chartis also recognized Wolters Kluwer Financial Services and its ARC Logics solution as a Category Leader in the analyst firm's 2014 RiskTech Quadrant on Enterprise GRC Solutions.