Mizuho Taps Wolters Kluwer for Risk, Regulatory Reporting

The bank will use Wolters Kluwer's solutions suite to perform calculations and reporting functions, in line with upcoming regulations.


Mizuho already uses Wolters Kluwer products in its operations across a number of European countries, and will also use OneSumX to perform capital adequacy calculations to comply with the upcoming Basel III regulation, as well as to produce financial reports in the XBRL (Extensible Business Reporting Language) standard for financial reporting and exchanging business information, as mandated by new requirements from the Dutch National Bank that institutions under its jurisdiction must submit

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