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Chartis Recognizes Wolters Kluwer Financial Services as a Category Leader in the Liquidity Risk Management Systems RiskTech Quadrant

Category Leaders combine deep domain knowledge in various risk topics with deep technology assets and capabilities

Chartis Research has named  Wolters Kluwer Financial Services a Category Leader and top-rated provider for the financial services industry in its Liquidity Risk Management Systems RiskTech Quadrant ® for 2014. In the RiskTech Quadrant ®, Chartis evaluates providers on two key factors—completeness of offering and market potential. According to Chartis, Category Leaders such as Wolters Kluwer Financial Services “combine deep domain knowledge in various risk topics with deep technology assets and capabilities.”

Regulatory pressure and scarcity of capital are forcing financial institutions to take a more comprehensive approach to liquidity risk management. As a result, Chartis indicates that liquidity risk management solutions are no longer solely focused on large financial institutions. Now, the marketplace for solutions has expanded to include smaller financial institutions investing in liquidity risk management platforms. Wolters Kluwer Financial Services’  liquidity risk management offering is based on an integrated solution that addresses the  financerisk managementperformance and  regulatory reporting business areas of financial institutions and enables customization based on the size and type of institution.

Additionally, the Chartis report indicates that stress and scenario testing capabilities are increasingly essential. Wolters Kluwer Financial Services’ solution covers capital calculations, CVA, wrong-way risk,  counter-party credit riskfunds transfer pricing, liquidity ratios,  liquidity riskALM, reporting and disclosure, static and dynamic exposure analysis, (L)VaR, limit management,  stress testing, and  scenario and behavior analysis. The solution also covers  market riskoperational risk, and  credit risk requirements.

“As regulators continue to apply greater focus on the liquidity risk within firms, it is becoming increasingly important for firms to be able to assess and monitor their liquidity risk effectively,” said Nancy Masschelein, vice president, market management, Finance & Financial Risk, Wolters Kluwer Financial Services. “Our position in this report reflects the robustness of Wolters Kluwer Financial Services’ liquidity risk management solution as it enables a holistic view of risk and encourages fact-based decision-making.”

In May 2014, Chartis also recognized Wolters Kluwer Financial Services a Category Leader in its  RiskTech Quadrant ® on Operational Risk Management Systems for the second year in a row.

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services provides more than 15,000 customers worldwide with risk management, compliance, finance and audit solutions that help them successfully navigate regulatory complexity, optimize risk and financial performance, and manage data to support critical decisions. With more than 30 offices in 20 countries, our prominent brands include:  AppOne®AuthenticWeb™Bankers Systems®Capital ChangesCASH Suite™GainsKeeper®OneSumX®NILS®TeamMate®Uniform Forms™VMP® Mortgage Solutions and  Wiz®. Wolters Kluwer Financial Services is part of  Wolters Kluwer, which had 2013 annual revenues of €3.6 billion ($4.7 billion), employs 19,000 employees worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

About Chartis

Chartis is the leading provider of research and analysis on the global market for risk technology. Its goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance. Chartis helps clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.

RiskTech Quadrant ® is a registered trade mark of Chartis Research limited.

Chartis Research is authorized and regulated by the Financial Conduct Authority (FCA) for providing investment advice - (www.chartis-research.com).