Wolters Kluwer is named Category Leader in all six quadrants of the 2024 Chartis ALM Solutions Report
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NEW YORK, October 24, 2024--(BUSINESS WIRE)--Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that its Finance, Risk, and Regulatory Reporting (FRR) business has secured category leader position in all six quadrants of the Chartis ALM (Asset Liability Management) Solutions 2024 Market Quadrants report
Chartis’ mission is to support banks, tech vendors, investment managers and insurers with independent research and advice on all aspects of risk, compliance and financial technology. With its strong customer relationships and deep technology expertise, Chartis can uniquely map market trends and vendor landscapes in financial risk, trading, credit, financial crime, GRC, insurance and energy.
Jeroen Van Doorsselaere, Vice President of Global Product & Platform Management, Wolters Kluwer FRR said: "With the spreads now widening and the growth of bank sizes especially in APAC, ALM is gaining momentum. ALM has evolved beyond its traditional focus on interest rate risk, now addressing a wider spectrum of balance sheet risks. This shift has created a growing demand for solutions that not only meet internal and regulatory metrics but also work seamlessly across interest rate risk, credit, liquidity, market risk and fund transfer pricing (FTP). We are honored to be recognized, for the second consecutive year, as a quadrant leader by Chartis, which reflects our commitment to providing advanced, integrated ALM solutions."
Wolters Kluwer FRR is the only technology vendor to have earned Category Leader status in all six of the Chartis ALM Solutions Quadrants - ALM Solutions, FTP Solutions, LRM & Reporting Technology Solutions, Capital & Balance Sheet Optimization Solutions and the two newly introduced categories, Hedging & Risk Management Solutions and Financial Planning & Budgeting Solutions.
Wolters Kluwer was ranked in the Top Ten of the prestigious Chartis RiskTech 100 and achieved a top five ranking in the inaugural Chartis RiskTech AI 50 2024 report. Wolters Kluwer was also recently named as Category Leader in the Chartis RiskTech Credit Risk Management Solutions 2024 Quadrant and Chartis RiskTech Regulatory Reporting Solutions 2024 Quadrant.
Wolters Kluwer FRR is part of the Wolters Kluwer Corporate Performance & ESG (CP & ESG) division. The division is the world’s leading provider of integrated software solutions for EHS, ESG, Corporate Performance Management, Audit and Assurance, and Risk and Regulatory reporting. Through innovative technology and unique expertise, Wolters Kluwer CP & ESG enables business leaders to make informed, strategic decisions driving transformation, performance and risk management for a sustainable and resilient world.