Atom Bank Selects Wolters Kluwer Financial Services for Regulatory Reporting
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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.
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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.
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To learn more about subscribing to our service options, please contact us here
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.
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Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
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.
Subject to reasonable use.
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
OneSumX® solution chosen to address Regulatory Reporting requirements
Atom, the U.K.’s first bank designed for digital, has chosen Wolters Kluwer Financial Services’ OneSumX® Regulatory Reporting solution to manage its U.K. and European Banking Authority regulatory reporting requirements.
Atom Bank opted for Wolters Kluwer Financial Services after conducting a search for a technology vendor that could provide a comprehensive regulatory reporting solution, subject matter expertise and localized implementation services and support.
In June 2015, Atom Bank announced that it had been granted its license by the Bank of England, enabling it to push ahead with plans to launch products and services to customers later this year. Atom is currently developing a range of personal and business banking products and services that will be delivered and serviced using its mobile app.
“Championing customer experience with a low-cost model, transparent pricing and digital innovation is what we are all about at Atom. And, like all banks, we need to ensure we have robust systems in place that can demonstrate our commitment to upholding the highest standards,” said Dave McCarthy, Atom’s Chief Financial Officer. “With this in mind OneSumX enables us to effectively manage our reporting requirements, enabling navigation of the regulatory landscape and we look forward to implementing this leading solution.”
OneSumX Regulatory Reporting, part of OneSumX for Compliance, uses a single source of data to help ensure consistency, reconciliation and accuracy. The solution enables firms to address statutory, prudential, transactional and statistical requirements on a local and global scale.
“In today’s environment, financial institutions are constantly adapting and developing. The rise of so called challenger banks is a particularly interesting trend in the U.K. market,” said Clive Pedder, managing director, EMEA, Wolters Kluwer Financial Services. “We are delighted that Atom has recognized our long established expertise in the regulatory reporting arena and we remain committed to developing solutions that meet customers’ most demanding needs.”
For more information, please visit www.WoltersKluwerFS.com/OneSumX.