Wolters Kluwer’s OneSumX has won Data Management Review’s (DMR) coveted Best Regulatory Reporting Application Award.

OneSumX provides an ecosystem of complementary and comprehensive solutions and services to manage the intersection of governance, finance, risk and compliance, increasing organizational profitability, efficiency and growth.

OneSumX Regulatory Reporting uses a single source of data to ensure consistency, reconciliation and accuracy and includes the firm’s Regulatory Update Service. This unique service is maintained by Wolters Kluwer experts who actively monitor regulation in approximately 50 countries, helping to ensure the solution is current at all times.

The DMR Awards are judged by an expert panel, including senior representatives from The Bank of England, Barclays, HSBC, Invesco, Legal & General Investment Management, M&G Investments, RBS and Willis Towers Watson.

“Independent acknowledgment of our our leading position in the regulatory reporting space is always pleasing to hear,” notes Richard Bennett, vice president, EMEA, for Regulatory Reporting, for Wolters Kluwer’s Finance, Risk & Reporting business. “Our deep understanding of the markets enables us to provide our expanding client base with a comprehensive regulatory reporting solution. We thank DMR for the accolade and look forward to further strengthening our offering in 2017.”

Recent firms to have signed up to use OneSumX for Regulatory Reporting include Miuzho Bank, ABLV Bank, Banco Santander and Bank BGŻ BNP Paribas.

DMR reaches an audience of more than 15,000 senior-level data and data management executives across sell-side, buy-side, securities administrators and insurance firms, as well as the vendors and consultants who service them. It is published by A-Team Group, a content marketing agency for the financial data and technology industry.

About Wolters Kluwer Governance, Risk & Compliance

Wolters Kluwer Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer which provides legal, finance, risk and compliance professionals and small business owners with a broad spectrum of solutions, services and expertise needed to help manage myriad governance, risk and compliance needs in dynamic markets and regulatory environments. The division’s prominent brands include: AuthenticWeb™, Bankers Systems®, BizFilings®, Capital Changes, CASH Suite™, CT Corporation, CT Lien Solutions, ComplianceOne®, Corsearch, Expere®, GainsKeeper®, LegalVIEW®, OneSumX®, Passport®, TyMetrix® 360, Uniform Forms™, VMP® Mortgage Solutions and Wiz®.

Wolters Kluwer N.V. (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2015 annual revenues of €4.2 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.