Wolters Kluwer OneSumX was Highly Commended in the Regulatory Reporting Solution award at the 7th Regulation Asia Awards for Excellence 2024

The Regulatory Reporting Solution award highlights technology providers who deliver impactful solutions that streamline compliance processes and enhance data integrity to support robust operational frameworks. This category emphasises platforms that address stringent regulatory requirements with innovation, helping financial institutions achieve effective and accurate reporting. Wolters Kluwer distinguished itself from its sophisticated data management capabilities, adaptability across multiple jurisdictions, and design that seamlessly integrates with clients’ existing workflows, making it a standout solution in a competitive category.

Wolters Kluwer’s OneSumX solution was recognised for its ability to meet and exceed industry standards in regulatory reporting. The platform’s advanced data analytics, customisability to local and global reporting requirements, and robust support framework contribute to substantial time and resource savings for its clients. Notable features include real-time data validation, automated error detection, and streamlined reporting workflows, all directly supporting financial institutions’ compliance and efficiency goals.

“Wolters Kluwer’s regulatory reporting solution has redefined industry standards by merging innovative technology with a focus on operational resilience,” said a judge on the Regulation Asia Awards panel. “Their solution equips institutions with the tools to navigate complex regulatory frameworks efficiently, supporting compliance and business continuity.”

Bradley Maclean, Co-founder of Regulation Asia and Chair of the Awards Committee remarked, “As regulatory landscapes become increasingly dynamic, solutions like Wolters Kluwer’s provide essential support to financial institutions striving for precision and efficiency in reporting. This award celebrates the impact of Wolters Kluwer’s client-centred approach and its contributions to a more resilient and transparent financial system.”

About the Regulation Asia Awards for Excellence 2024

The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.

For a full list of the award 2024 winners, visit www.regulationasia.com/awards.

About Regulation Asia

Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 13,000+ subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda.

Visit www.regulationasia.com or connect via LinkedIn or Twitter.