December 18, 2014 - Wolters Kluwer Financial Services has earned the No. 4 position in Chartis' RiskTech100® ranking two years in a row. The company was once again recognized as Category Leader in Regulatory Reporting for 2015, marking four years running that it has won that honor.
"Wolters Kluwer Financial Services' overall ranking and continued leading position in this year's RiskTech100 reaffirms the commitment we've made to helping organizations around the world manage risk, compliance, finance and audit in ways that allow them to grow safely and profitably," said Brian Longe, CEO of Wolters Kluwer's Financial and Compliance Services division.
"Wolters Kluwer Financial Services continues to be a strong presence in the Governance, Finance, Risk & Compliancespace," said Peyman Mestchian, managing partner at Chartis. "With the company's recent launch of its OneSumX® brand, Wolters Kluwer Financial Services is helping its customers stay ahead of changing marketplace dynamics. They've invested in product innovation and made a number of acquisitions in recent years that have allowed them to extend and expand upon the overall GFRC capabilities they can offer customers."
The RiskTech100, in its ninth year of publication, is acknowledged globally as a comprehensive and prestigious study of risk technology vendors. The report utilizes assessment criteria in six equally weighted categories: functionality, core technology, organizational strength, customer satisfaction, market presence and innovation. For this year's report, Chartis collected more than 1,200 questionnaires from risk technology buyers and end-users, as well as more than 300 from risk technology vendors. Additionally, the firm's analysts conducted more than 100 interviews with select vendors to help determine and order the final list.
RiskTech100® is a registered trade mark of Chartis Research limited. Chartis Research is authorized and regulated by the Financial Conduct Authority (FCA) for providing investment advice.