• Press Releases

    FRSGlobal to launch advanced VaR backtesting techniques within its risk solutions

    Brussels, Belgium – FRSGlobal, a part of Wolters Kluwer Financial Services, a leading worldwide provider of compliance and risk management solutions for the financial services industry, today announced it will be providing advanced Value at Risk (VaR) backtesting techniques within its solutions in Q1 2011.

    Wolters Kluwer Financial Services Launches Compliance Resource Network to Indian Banking Market

    MUMBAI, India – Wolters Kluwer Financial Services’ Compliance Resource Network, which consolidates financial laws, regulations and commentary from across the globe on a single research platform, is now available to banking industry risk and compliance officers in India to help them better navigate the volatile regulatory environment.

    U.S. Financial Institutions Optimistic About Consumer Lending

    MINNEAPOLIS – The majority of U.S. financial institutions expect their consumer lending businesses to grow or remain steady in 2011. However, they acknowledge a soft economy and increasing regulatory burdens could stand in the way of that growth. That’s according to a survey of more than 1,000 banking professionals Wolters Kluwer Financial Services conducted in January.

    First Commercial Bank goes live with FRSGlobal’s regulatory reporting solution

    Singapore – FRSGlobal, part of Wolters Kluwer Financial Services, a leading worldwide provider of compliance and risk management solutions for the financial services industry, today announced that the Singapore branch of First Commercial Bank (FCB) has gone live with FRSGlobal’s regulatory reporting offering.