Regulatory Risk Management | Wolters Kluwer Financial Services

Risk Solutions

Wolters Kluwer Financial Services helps financial services organizations, with a comprehensive suite of risk management technologies to address compliance, credit, counterparty credit, financial crime, market, liquidity, and operational risk. Our risk management solutions were created solely for financial services and deliver the processes, best practices, regulatory intelligence, and analytics required by this highly regulated industry.

Explore Insights

Insurers Advised to Take Immediate Action on NY Cybersecurity Regulation

(Published March 24,2017) On March 1, 2017, New York State Department of Financial Services (DFS) implemented benchmark regulations governing financial institutions and cybersecurity. Based on the serious nature of cyber security breaches that risk consumers’ personal information as well as insurers’ information technology (IT) systems, most financial service entities doing business in New York, including insurance companies, affiliates and third party service providers, must comply with comprehensive new minimum cyber security standards within a tight time frame. Insurers not doing business in New York are also advised to pay close attention to these regulations as they are likely to have a far-reaching impact beyond the state line.

Speak up or pay up – Japan’s biggest lender learns an expensive lesson

(Published March 21, 2017) The Bank of Tokyo Mitsubishi is based nearly 6,000 miles away from London and conducts most of its business in its home country through 750 domestic branch offices. Therefore BTMU’s management might have once expected to be answerable only to Japanese regulators. Selwin Parker comments.

Show more
Wolters Kluwer Financial Services Image
 

Regulatory & Risk Management Indicator Webinar

 
View video
Wolters Kluwer Financial Services Image
 

White Paper: Stress Testing - An Increasingly Intricate Puzzle

 
Download now