Global tech vendor Wolters Kluwer is holding its annual EMEA Client Conference for Financial Services in Vienna starting today. The event brings together the firm’s clients from across the region, allowing them to discuss finance, risk and regulatory reporting trends and challenges. Notably, the conference also allows clients to influence and drive Wolters Kluwer’s product strategy.
The event will kick off with a welcome address by Clive Pedder, global executive vice president and general manager for Wolters Kluwer’s Finance, Risk & Reporting (FRR) business. This will be followed by a keynote by Gerd Leonhard, futurist and Think Tank leader from The Futures Agency, who will provide his insights about the impact of technological and cultural changes on the financial industry and how the sector might reinvent itself to stay competitive.
Clients such as BNY Mellon, SMBC and Santander will provide fresh perspectives on experiences and business benefits gained from utilizing Wolters Kluwer’s OneSumX solutions. There will also be interactive sessions around the roadmap and product development, as well as opportunities for one-to-one meetings with product team and subject matter experts from Wolters Kluwer.
Notable sessions include Kris Van Bavel, managing director for FRR across EMEA, examining RegTech – an amalgamation of regulation and technology – including how certain regulators are now creating tailored RegTech projects. Other topics up for discussion from Wolters Kluwer experts include sessions on IFRS 9 and the requirement for collaborative thinking.
Closing this year’s EMEA Client Conference, Anthony Thomson, co-founder and former Chairman of Metro Bank and founder and Chairman of Atom Bank, will examine challenges facing “challenger banks” from across EMEA, drawing upon his own experience with two examples in the U.K.
“Amid a backdrop of emerging new entrants into the market and unrelenting regulatory pressure financial institutions are all too aware that ‘business as usual’ within fragmented organizational structures is no longer an option,” notes Inga Rottmann, global vice president of Marketing for Wolters Kluwer’s FRR business. “It is crucial now more than ever that firms adapt by adopting best practice approaches to the management of regulatory compliance and reporting. We look forward to exploring these and other themes with our clients at the event.”
Wolters Kluwer GRC says it “provides legal, finance, risk and compliance professionals and small business owners with a broad spectrum of solutions, services and expertise needed to help manage myriad governance, risk and compliance needs in dynamic markets and regulatory environments.”
As reported yesterday, Wolters Kluwer’s FRR business has enjoyed a number of recent successes. Wolters Kluwer’s OneSumX was named Corporate Vision magazine’s winner of its Best International Financial Services Software accolade for 2016 as part of its annual Technology Innovator Awards. Earlier this year Chartis Research named Wolters Kluwer a Category Leader for the financial services industry in its FinTech Quadrant on International Financial Reporting Standards (IFRS) 9 Technology Solutions. And in January Wolters Kluwer earned another Top 10 rating in the annual Chartis RiskTech100 report. The company garnered the No. 6 spot overall of 100 ranked firms, marking the sixth consecutive year it has been rated among the top 10 firms. It also won top ranking in the Regulatory Reporting category, five years running that it has achieved that honor, also taking the top spot in the International Financial Reporting Standards (IFRS) 9 category for 2016.