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Wolters Kluwer Financial Services Builds Financial Regulatory Team in Germany
Cologne, 1 December 2010 – Wolters Kluwer Financial Services, the leading worldwide provider of compliance and risk management solutions for the financial services industry, has hired two key financial experts to help lead its recently announced business expansion in Germany. Hans Willi Hüsch joins the company as Program Manager and Werner Maislinger has been named Regional Sales Director.
Together with Mark Coronna, Managing Director of Wolters Kluwer Financial Services-Europe, Hüsch and Maislinger will shape Wolters Kluwer Financial Services’ strategy for entering the German financial services market, while working with financial organisations to help them meet various regulatory requirements in the areas of risk, compliance, and internal audit.
Hüsch has more than 23 years experience in financial services and information technology. Among others, he worked for the Wincor Nixdorf Banking Division Germany. “Increasing regulatory pressure is not only a rising burden for financial service professionals, but may also offer some opportunities. According to international experience of Wolters Kluwer Financial Services, continuous improvement processes within the company regarding risk and compliance priorities open up additional, sustainable profitability reserves”, says Hüsch.
His colleague Maislinger adds: “Wolters Kluwer provides a unique service to compliance & risk officers by offering the combination of regulatory content with sophisticated workflow solutions. We help our customers in the implementation of regulatory requirements, such as international shareholding disclosure, Basel II and Solvency II.” Maislinger has a strong international background in the field of financial information and software solutions. Past employers include Thomson Reuters, Thomson Financial and Bloomberg.
“Hans and Werner’s extensive experience in financial services, regulatory compliance and technology will be invaluable to German financial services organisations as we work to help them in the development of their individual risk and compliance management”, said Coronna.
Contact
Chris Tuite
Rostrum Communications
chris@rostrumpr.com
http://www.twitter.com/wkfinancialeu
About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services is a comprehensive regulatory compliance and risk management business that helps financial organisations manage operational, compliance and financial risk and reporting, and improve efficiency and effectiveness across their enterprise. Wolters Kluwer Financial Services supports its global customers with offices in more than 20 countries and is the leading worldwide provider of compliance and risk management solutions for the financial services industry, serving more than 15,000 banking, insurance and securities customers across the globe. Wolters Kluwer Financial Services is part of Wolters Kluwer, a market-leading global information services company focused on professionals with annual revenues (2009) of €3.4 billion (£3.0 billion), approximately 19,300 employees worldwide and operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America.
In Germany, the brand Wolters Kluwer Germany is known as a leading knowledge and information service provider with core competencies in the fields of law, tax and accounting, and software, as well as future financial services. Attracting professional users, Wolters Kluwer Germany offers sound technical information in the form of literature, software and services. The company, headquartered in Cologne, employs approximately 1,000 employees at 22 locations and now operates for more than 25 years in the German market.
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