December 3, 2013 - Wolters Kluwer Financial Services announced today that it has been awarded the "Risk Management Software of the Year – Financial Risk" category at the Continuity Insurance & Risk (CIR) Risk Management Awards 2013. The CIR risk management awards, adjudicated by industry experts, recognize those that have significantly added to the understanding and practice of risk management.

"It is a great achievement to be recognized at this year's CIR Risk Management Awards, especially considering the depth and quality of the competition this year," said Nancy Masschelein, market manager EMEA, Risk and Finance at Wolters Kluwer Financial Services. "With our Summix for Risk Management solution, institutions can address numerous financial risk requirements, including ALM, Credit Risk, Liquidity Risk and Market Risk, through an integrated data management approach."

Through use of Summix for Risk Management, financial institutions benefit from event-based, contract-centric integrated risk management, allowing data to be collected once, enabling measurement of all financial risks.