Wolters Kluwer Financial Services: Your Expert Source for Financial Regulatory Compliance and Risk Management
Wolters Kluwer Financial Services is a leading worldwide provider of comprehensive compliance, risk management and audit solutions for the financial services industry.
A comprehensive risk management business singularly focused on helping financial services organizations mitigate compliance, operational and financial risk across their business, Wolters Kluwer Financial Services’ solutions empower professionals to make intelligent and clear-sighted decisions in a rapidly changing environment.
More than 15,000 financial organizations worldwide trust Wolters Kluwer Financial Services to provide them with solutions that help them effectively manage risk across their businesses. Whether it’s ensuring compliance with multiple regulatory changes, increasing operational effectiveness or providing an enterprise-wide view of a financial organization’s risk; by integrating deep domain knowledge into our solutions, Wolters Kluwer Financial Services helps financial institutions achieve transparency and control over their risk management programs while balancing internal and external needs.
Wolters Kluwer Financial Services provides financial organizations solutions in four main areas:
- Regulatory Intelligence – Our in-house experts, including former regulators, attorneys and compliance analysts, continually mine and analyze the changing regulatory landscape. As a result, we provide information, processes and tools that help financial institutions integrate compliance and risk management into their workflow.
- Transaction and Origination Management – Wolters Kluwer Financial Services’ solutions help financial institutions limit risks, ensure regulatory compliance and increase business efficiency as they process loans, open accounts or manage the myriad other financial transactions that happen everyday.
- Risk Management – We provide tools that help financial services organizations identify and manage financial, operational and compliance risk across the organization.
- Audit, Analytics and Reporting - Our tools help financial organizations confirm accuracy and compliance throughout their organizations, limit liability, confirm risk and compliance program effectiveness, and meet regulatory reporting requirements.
Wolters Kluwer Financial Services provides solutions and services in many formats. Customers can choose which delivery method is most effective and efficient for them. Our solutions and services include:
- Stand-alone software
- Integrated and Internet-hosted solutions
- Paper and electronic documents
- Analytics
- Training
- Compliance and product support
- Professional consulting and advisory services
Wolters Kluwer Financial Services is part of and backed by Wolters Kluwer, one of the world’s largest information services companies with revenues of €3.6 billion ($4.7 billion) in 2010. Wolters Kluwer employs approximately 19,000 people worldwide.
Wolters Kluwer Financial Services Quick Facts:
CEO: Brian Longe
Headquarters: Minneapolis, Minn.
Total Employees: 1,600
Incorporated: January 2006
Parent Company: Wolters Kluwer
Market reach quick facts:
- More than 90% of U.S. banks
- 98 of the top 100 U.S. mortgage lenders use our mortgage lending compliance solutions.
- In the U.S., more than 85% of national insurance organizations and 1,200 insurers nationwide use our insurance compliance solutions.
- IRS uses Capital Changes to obtain information on cost basis consequences.
- GainsKeeper calculates cost basis, adjusted for corporate actions and wash sales, as required by the cost basis reporting law, and is processing more than 14 million brokerage accounts. This solution is also automating fund tax calculations for more than 3,000 U.S. mutual and hedge funds.
- Wolters Kluwer Financial Services’ FRSGlobal financial risk management and reporting capabilities are utilized by 41 of the world’s top 50 banks
Upcoming Events
Contact Us
Do you have questions about a solution or service we offer? Looking for a tailored solution?
Complete our easy online form and we’ll be happy to assist you.
