WOLTERS KLUWER FRR BAGS MAJOR AWARDS FOR APAC REGION

KUALA LUMPUR, Dec 16 (Bernama) -- Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) business has won a number of major awards for the Asia Pacific (APAC) region.

Regulation Asia has named Wolters Kluwer’s OneSumX for FRR the ‘Best Solution in Regulatory Reporting’ in its prestigious Awards for Excellence for the third time in four years and APAC Insider has recognised the company’s leading position in risk and regulatory reporting, as has RegTech Insights.

In addition, the company’s Managing Director for APAC, Rainer Fuchsluger, has also won an executive leadership award from CEO Monthly magazine, according to a statement.

Regulation Asia judges noted how “in July, more than 30 banks in Singapore went live with the revised MAS 610 reporting requirement, smoothly and without incident, using OneSumX.”

CEO Monthly magazine, meanwhile, has recognised the regional leadership of Fuchsluger, naming him RegTech Executive of the Year, APAC, 2021.

With 20 years of experience in leading various financial services teams, Fuchsluger joined Wolters Kluwer in 2018 from SS&C Technologies where he was Regional Managing Director, Asia, of the Institutional and Investment Management business.

Other independently judged awards recently won by Wolters Kluwer FRR APAC include RegTech Insights: Best Vendor Solution for MAS 610, APAC, 2021; APAC Insider: Regulatory Reporting Provider of the Year – Singapore, 2021; and, APAC Insider: Best Risk Firm of the Year, APAC, 2021.

Wolters Kluwer’s FRR business, which is part of the company’s Governance, Risk & Compliance (GRC) division, is a global market leader in the provision of integrated regulatory compliance and reporting solutions.

Last month, Wolters Kluwer announced that it has enjoyed its most successful year ever in the widely followed Chartis RiskTech100® report.

-- BERNAMA