|[December 16, 2013]
Wolters Kluwer Financial Services Moves to No. 4 in Chartis 2014 RiskTech100® Ranking
MINNEAPOLIS --(Business Wire)--
Kluwer Financial Services moved up to No. 4 among the world's
leading risk management technology providers in Chartis' 2014 RiskTech100
rankings. The company climbed two spots from last year's sixth place
position in the analyst firm's report and was named winner in the
Regulatory Reporting category for the third year in a row.
Wolters Kluwer Financial Services also earned the best customer
satisfaction rating among the top 20 providers ranked in the report and
tied for the highest organizational strength score among the top four
"Our strong overall placement and leading positions in this year's
RiskTech100 are especially meaningful considering the amount of scrutiny
and research Chartis puts into evaluating the providers included in the
report," said Brian Longe, CEO of Wolters Kluwer's Financial &
Compliance Services division.
"Wolters Kluwer Financial Services has made a number of strategic
acquisitions in recent years in the risk, finance and compliance space,"
stated Peyman Mestchian, managing partner at Chartis, "The addition of
these new capabilities to their existing technology, content and
professional services capabilities has positioned them for significant
success in the risk technology marketplace. This year we have been
particularly impressed by Wolters Kluwer Financial Services' continue
investment in product and business integration and their move towards
providing an enterprise risk management value proposition to a range of
The RiskTech100, in its eighth year of publication, utilizes assessment
criteria in six equally weighted categories: functionality, core
technology, organizational strength, customer satisfaction, market
presence and innovation. In 2013, Chartis collected more than 800
questionnaires from risk technology buyers and end-users, as well as
more than 300 from risk technology vendors. Chartis' analysts also
conducted more than 100 interviews with select vendors to help determine
and order the final list.
The report is available for free download at www.risktech-forum.com.
About Wolters Kluwer Financial Services
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: FRSGlobal, FinArch, ARC Logics®, TeamMate®,
Bankers Systems, VMP® Mortgage Solutions, AppOne®, GainsKeeper®, Capital
Changes, NILS®, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer
Financial Services is part of Wolters
Kluwer, a leading global information services and solutions provider
with annual revenues of (2012) €3.6 billion ($4.6 billion) and
approximately 19,000 employees worldwide.
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
RiskTech100® is a registered trademark of Chartis Research Ltd. The full
report and other selected research can be obtained from www.risktech-forum.com.
Chartis Research is authorized and regulated by the Financial Conduct
Authority (FCA) for providing investment advice - (www.chartis-research.com).
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