October 11, 2013 - Wolters Kluwer Financial Services announced today that it has been awarded 'best regulatory data management platform' by the readers of A-Team group's selection of publications. A-Team Group - the global news, research and events organization focussed on IT in financial markets – presented the award at its recent Data Management Summit in London.

Andrew Delaney, President and Editor-in-Chief of A-Team Group, commented: "We have been thrilled by the industry's enthusiastic response to our inaugural A-Team DMS Data Management Awards. Our readers have clearly been impressed by Wolters Kluwer Financial Services' performance this past year. Congratulations on their achievement."

Joost Roelin, director of Product Management (Regulatory Reporting) at Wolters Kluwer Financial Services, was in attendance at the A-Team Data Management Summit to receive the award and commented: "Our solution suite Summix helps institutions establish a standardized approach to data across the finance, risk, performance and compliance functions. This award for 'best regulatory data management platform' shows that customers are seeing the benefits of an efficient data model providing clean, consistent and available data, which is crucial to meeting regulatory requirements."

Wolters Kluwer Financial Services' Summix solution suite is underpinned by its data management capabilities, which create a single, integrated data repository for multiple use-cases across the finance, risk, performance and regulatory compliance functions. The result is a consistent approach to data across the entire enterprise of financial institutions, which means both operational and group level users are using the same underlying data.