Banca Monte dei Paschi di Siena opts for Wolters Kluwer Financial Services’ OneSumX Regulatory Reporting Solution
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Ask an Analyst
Ask an analyst is the ability to communicate with one of our analysts about this vendor, system or genre of solution.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
World’s Oldest Bank Chooses Leading Solution for Multi-Country Reg Reporting
Wolters Kluwer Financial Services announced today that Italy’s Banca Monte dei Paschi di Siena (BMPS)has signed up for its OneSumX Regulatory Reporting solution. The world’s oldest bank will now use the tool for multi-country regulatory reporting in its U.K., Hong Kong and Shanghai branches. Earlier this year the bank also implemented the solution for its Belgian operations.
OneSumX Regulatory Reporting uses a single source of data to help ensure consistency, reconciliation and accuracy. As regulatory policy initiatives continue to be presented in jurisdictions around the globe, the volume and complexity of reporting that firms need to complete is increasing. 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 U.K., Hong Kong and Shanghai, especially given our existing relationship with the bank in its Belgian branch”, said Richard Bennett, vice president of market management, 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.”
Through Wolters Kluwer Financial Services’ Regulatory Update Service offering, part of the Regulatory Reporting solution, BMPS will have access to up to date information on regulatory requirements to help ensure ongoing compliance with regulatory developments when they happen. The Regulatory Update Service is unique to Wolters Kluwer Financial Services and is maintained by experts who actively monitor regulation in more than 50 countries around the world, working to ensure the solution is up-to-date at all times.