How our Finance solution can help banks

OneSumX for Finance is the best-in-class software solution for banks seeking to centralize, automate, and accelerate financial data and insights. Acting as a robust banking accounting hub, it streamlines ledger management, consolidation, IFRS 9 compliance, and reporting. Designed to drive finance transformation, it empowers banks with accuracy, efficiency, and seamless regulatory alignment.

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Streamline finance processes


Automate and simplify all financial services processes, including IFRS 9
and consolidation, within an
end-to-end workflow.

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Configurable rules


Adaptable to the evolving requirements of regulators and financial institutions, featuring a low-code business rules engine, configurable dashboards, and approval flows.

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Centralized accounting and data management


A centralized ledger layer linked to a transaction data store provides a single source of truth for all reporting, eliminating additional reconciliations and validations.

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Auditable and transparent


With a comprehensive audit trail across the solution, you can curate and monitor financial data over time. An open data model ensures you are never working in a black box .

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Finance Transformation for Banks

Drive your finance transformation strategy with OneSumX. Simplify compliance, reduce manual effort, and gain real-time data visibility across your banking operations.
Finance Transformation for Banks

OneSumX for Finance solution features

Taking an integrated approach across multiple disciplines, OneSumX for Finance gives you flexibility in data, rules, workflows, controls, and business intelligence to successfully support business and regulatory developments.
Advanced Ledger Accounting
OneSumX Ledger
Manage business and finance data within a single scalable architecture. 
Ledger Solution for Banks
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OneSumX Financial Consolidation
Centralize, automate and manage all your consolidation and month-end closing processes.
OneSumX Financial Consolidation Solution
Business Analytics
OneSumX for Business Analytics
A powerful visualization and analysis tool enabling a more efficient and thorough use of your data.
Business Analytics Solution
IFRS 9
OneSumX IFRS 9
OneSumX IFRS 9 allows for an end-to-end treatment of expected credit loss (ECL) and IFRS disclosure requirements.
IFRS 9 Solution for Banks
Hedge Accounting
OneSumX Hedge Accounting
Our comprehensive hedge accounting solution aligns hedge risk management with accounting practices.
Hedge Accounting Solution
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OneSumX CECL
A comprehensive and flexible solution for banks that collates and enriches data with the additional measures mandated by the new accounting model’s standards.
CECL Solution
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Wolters Kluwer wins Best Regulatory Compliance Solution for IFRS 9 at the RegTech Insight APAC Awards
OneSumX IFRS 9 has won the RegTech Insight APAC Awards 2024 for the Best IFRS 9 Solution.
Learn More
Expert insights and related solutions
  • Close up of a modern architecture with blue sky background - glass building exterior
    Article
    ComplianceFinanceNovember 27, 2024
    Is your IFRS 9 ECL solution up to standard?
    Optimize your IFRS 9 ECL solution. Validate data accuracy, governance, and flexibility with our comprehensive healthcheck. Stay compliant with IFRS 9 for banks while managing credit risk effectively.
    Learn More
  • OneSumX for Regulatory Reporting
    Solution Detail
    OneSumX for Regulatory Reporting
    Award-winning cloud and on-premises technology that streamlines and improves your organization's regulatory reporting accuracy. Covering financial, prudential, transactional, statistical, granular and multi-dimensional reporting.
    Learn More

OneSumX solution downloads

Browse all OneSumX Finance, Risk and Regulatory solution downloads
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OneSumX for Finance Management
solution overview
OneSumX Hedge Accounting
OneSumX for Hedge Accounting
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OneSumX for Finance, Risk and Regulatory Reporting solution overview
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OneSumX for Integrated Risk and Finance solution overview

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