As regulators focus more on risk data aggregation, and compliance requirements (such as BCBS 239) become ever-more burdensome, many banks are being forced to review their operating model and find solutions for deeply entrenched silo systems.
Luckily, new “RegTech” technologies are emerging to ease the burden of compliance.
Download this complimentary whitepaper to explore the benefits of RegTech, and discover why this new technology is being embraced by many banks and regulators alike.
About Wolters Kluwer
Whether complying with regulatory requirements, addressing a single key risk, or working toward a holistic risk management strategy, more than 15,000 customers worldwide count on Wolters Kluwer Financial Services for a comprehensive and dynamic view of risk management and compliance. Wolters Kluwer Financial Services provides audit, risk, finance and compliance solutions that help financial organizations improve efficiency and effectiveness across their enterprise. With more than 30 offices in 20 countries, the company’s prominent brands include: FRSGlobal, FinArch, ARC Logics for Financial Services, Bankers Systems, VMP® Mortgage Solutions, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services is part of Wolters Kluwer, a leading global information services and solutions provider with annual revenues of (2011) €3.4 billion ($4.7 billion) and approximately 19,000 employees worldwide. Please visit our website for more information.