Poland- based Bank Polskiej Spóldzielczosci (Bank BPS) has selected Wolters Kluwer’s OneSumX for Risk and OneSumX for Regulatory Reporting solutions.
The bank will use Wolters Kluwer’s integrated OneSumX solution for static and dynamic projection analysis, liquidity reporting, interest rate and FX risk.
Go deeper with GlobalData
The lender, in addition to the risk solution, will use OneSumX to support Liquidity Coverage Ratio (LCR), Additional Liquidity Monitoring Metrics (ALMM), Net Stable Funding Ratio (NSFR) and Assets Encumbrance Regulatory Reporting in Poland, the technology vendor said.
Bank BPS director of the Financial Risk Department Maja Kraszewska said: “We required a system in which risk and regulatory reporting were integrated in an optimal and seamless way. Wolters Kluwer provides this capability.”
Kris Van Bavel, managing director of EMEA for Wolters Kluwer’s Finance, Risk & Reporting business, said: “Our integrated risk and regulatory reporting platform, supported by our detailed understanding of the Bank’s business needs and strong local presence were some of our key differentiators in the RFP process. We are delighted to have Bank BPS as a new customer in the region and look forward to working with them on the implementation.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
