This white paper demonstrates how spread components within a Funds Transfer Pricing system can be improved to avoid funneling investments towards unprofitable business, using relevant theory and practical examples.
Download the White Paper
View a recording of this complimentary webinar to learn about the requirements of a CMS and explore creative strategies for personalizing it to the uniqueness of your institution.
Download this paper to find out more about forward-looking planning, budgeting and forecasting processes which will help take financial institutions onto the next level of decision making.
Find out how we can help improve your organization’s regulatory change management system through sourced content, automated workflow, rules mapping and more.
Wolters Kluwer Financial Services has earned the No. 4 position in Chartis’ RiskTech100® ranking two years in a row. The company was also honored as a Category Leader in Regulatory Reporting for the fourth year running.
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.
The crisis has forced firms to take revised look at their internal governance procedures and approach to risk management. Financial institutions are strengthening these processes and are giving them a more strategically important role. However, there is also a growing awareness that these practices in their existing forms were unable to stop significant loss events and failures in the past.
However, there is now not only pressure from regulators and the public for firms to evolve existing practices to avoid repetition of past mistakes, but there is also readiness within firms to adopt fresher, more proactive and dynamic approaches. The new methodology that is becoming increasingly sought after to achieve this change is one that allows for the multidisciplinary management of complex risks and issues to create more strategic support and future-looking views for the business. Examples of this new approach include:
In essence, firms need a framework in place that effectively enables them to govern and manage risk and business performance at all points and intersections across the organization. To truly shift the existing paradigm, a linkage between the previously siloed areas of governance, finance, risk and compliance needs to be established to create a unified ‘GFRC’ strategy.
As a company committed to staying on top of changing market dynamics, Wolters Kluwer Financial Services has stayed ahead of the curve organically, by investing into innovative product development, and acquisitively with the addition of niche providers to its wider portfolio. The result is a portfolio that includes the systems and specialities needed to enable firms to create their own specific GFRC vision a reality.
The solution suite that addresses this - OneSumX - is made up of the following areas: