CIBC Expands Wolters Kluwer Reporting Hub to Asia

Canadian financial group expands its existing use of OneSumX's monitoring and reporting solution.

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CIBC already uses the OneSumX platform in the UK for statistical and prudential reporting to the Bank of England, and for Corep, Finrep and liquidity reporting to the European Banking Authority.

The firm has now extended its use of the platform to incorporate requirements for Japan and Australia, using centralized instances of the underlying OneSumX Regulatory Reporting data model, installed at CIBC's head office in Toronto. CIBC also plans to roll out OneSumX to its operations in Hong Kong and

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