Banca Monte dei Paschi di Siena Takes Wolters Kluwer's OneSumX
Italian private bank expands multi-country reg reporting.
OneSumX Regulatory Reporting provides a full audit trail, enabling the timely and accurate submission of regulatory reporting data.
It offers both user workflow management, that monitors and determines the process from start to finish, and data workflow management, that automates loading of data, execution of calculation processes and the preparation of reports.
“We are delighted to add BMPS as a customer for our solution for the UK, Hong Kong and Shanghai, especially given our existing relationship with the bank in its Belgian branch”, said Richard Bennett, vice president of market management for regulatory reporting, EMEA at Wolters Kluwer Financial Services. “We have a long established presence in the regulatory reporting arena and we remain committed to developing solutions that meet our client’s needs.”
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