Wolters Kluwer Wins Five “Category Leader” Designations; Two “Best-of-Breed” Honors by Chartis Research
July 26 2024 - 3:00AM
Business Wire
Report showcases domain expertise across wide
array of risk and compliance areas
Wolters Kluwer has been recognized for domain expertise across a
number of major governance, risk and compliance spaces as part of
the 2024 Integrated GRC Solutions, Market Update and Lender
Landscape report published by Chartis Research. By earning
distinctions across all seven RiskTech quadrants in the report, the
company won five “Category Leader” designations as well as two
“Best-of-Breed” honors.
“This recognition is a remarkable achievement in showcasing our
capabilities in areas key to the success of our customers,” said
Vikram Savkar, Executive Vice President and General
Manager, Wolters Kluwer Compliance Solutions. “In leveraging
the latest technologies, combined with a highly knowledgeable and
experienced team, our approach is providing financial institutions
an unmatched level of expert, augmented intelligence, which is
helping guide, streamline and optimize their risk management and
regulatory compliance efforts.”
Frans Klaassen, Senior Vice President and General
Manager, Wolters Kluwer TeamMate, said: “We are
delighted to be recognized as a category leader by Chartis in this
significant industry report. We are proud to provide best-in-class
audit and assurance expert solutions and are committed to
continuous innovation to harness advanced technologies to support
our clients today and for the future.”
Wolters Kluwer’s Financial & Corporate Compliance division
won in six of the report’s RiskTech quadrants, while the company’s
Corporate Performance & ESG division won category leader honors
for its TeamMate business’ internal audit capabilities. Category
Leader wins include GRC for Analytics; Conduct Risk & Control;
eGRC; Operational Risk; and Internal Audit. Best-of-Breed quadrant
honors include Third-Party Risk and IT Risk.
Chartis defines category leaders as those firms that “combine
depth and breadth of functionality, technology and content with the
required organizational characteristics to capture significant
share in their market.” Best-of-Breed winners similarly demonstrate
significant market share and are “often distinguished by a growing
client base, superior sales and marketing execution, and a clear
strategy for sustainable, profitable growth.”
Wolters Kluwer Compliance Solutions is a market leader and
trusted provider of risk management and regulatory compliance
solutions and services to U.S. banks, credit unions, insurers and
securities firms. The business sits within Wolters Kluwer’s
Financial & Corporate Compliance (FCC) division, helping these
financial institutions efficiently manage risk and regulatory
compliance obligations.
For more information about Wolters Kluwer, please visit:
www.wolterskluwer.com.
About Wolters Kluwer
Wolters Kluwer (EURONEXT: WKL) is a global leader in
information, software solutions and services for professionals in
healthcare; tax and accounting; financial and corporate compliance;
legal and regulatory; corporate performance and ESG. We help our
customers make critical decisions every day by providing expert
solutions that combine deep domain knowledge with technology and
services.
Wolters Kluwer reported 2023 annual revenues of €5.6 billion.
The group serves customers in over 180 countries, maintains
operations in over 40 countries, and employs approximately 21,400
people worldwide. The company is headquartered in Alphen aan den
Rijn, the Netherlands.
For more information, visit www.wolterskluwer.com, follow us on
LinkedIn, Facebook, YouTube and Instagram.
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version on businesswire.com: https://www.businesswire.com/news/home/20240726357869/en/
David Feider Associate Director, External Communications
Financial & Corporate Compliance Wolters Kluwer Office +1
612-246-9454 david.feider@wolterskluwer.com