GET AHEAD, SAFELY & PROFITABLY

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1 GET AHEAD, SAFELY & PROFITABLY When you have to be right

2 Solve Today s Challenges and Be Prepared for Tomorrow s In today s world of increased regulatory change, renewed regulator vigilance and higher stakeholder expectations, growth and profitability are becoming even harder to achieve. How do you keep on top of changes to ensure you are meeting customer s needs, while still achieving your bottom line? Manage Risk and Compliance and Grow We understand the total risk picture and can help you manage it throughout your organization with comprehensive, embedded, knowledgerich solutions. We help organizations around the world manage risk and compliance at every level of their organization, and to grow safely and profitably. Our comprehensive solutions can help you address your immediate pain points, as well as those on the horizon, by providing software, expertise and services to help you make critical business decisions. We understand the total risk picture and can help you manage it throughout your organization with comprehensive, embedded, knowledge-rich solutions. Our solutions give you the insight you need to comply with regulatory requirements or manage financial transactions, address a single key risk, or work toward a holistic enterprise risk management strategy, so that you can spend more time focused on your customers and managing your business. Optimizing the risk-based performance of the entire organization Managing the risk and performance of a given portfolio Managing the risk and compliance associated with acquiring new customers or growing business with existing customers 2

3 Our Solutions Help You Address Risk and Compliance at Every Level of Your Organization Risk Asset Liability Management Identify and manage the impact of the market changes and interest rate risk to your organization s balance sheet, as well as adhere to Basel III and Solvency II requirements. Built on a centralized data structure, our solution lets you efficiently access the information you need. Credit Risk Accurately measure and efficiently manage credit exposure. Our solution provides single name and portfolio credit risk analysis through three components: current and potential exposure, expected and unexpected credit loss based on stress and credit value-at-risk analysis, and credit value adjustments. Enterprise Risk Measure, monitor and manage your organization s activities in order to minimize the effects of risk on capital and earnings, as well as those associated with compliance, strategic, operational, and more. We provide industry-specific and proven content, technology, and consulting to help you consolidate disparate risk processes into a comprehensive enterprise-wide risk management practice. #4 Overall Category Winner Regulatory Reporting Category Leader in 7 other categories Financial Crime Control Proactively detect, analyze and prevent fraudulent transactions, money laundering and employee financial misconduct. With formalized processes to govern data through its entire lifecycle, our solutions help you to more accurately enable stronger vigilance in detecting crime and more effectively prevent it, ultimately helping you avoid costly fines and reputational damage. GRC Better leverage risk information and rate issues with a single view across your entire organization. Our solution, built on a centralized platform for monitoring, measuring, and managing risk, provides a common language, approach, and methodology for risk management. You gain greater visibility and control over risk across your business, enabling you to make business decisions in alignment with your strategic objectives and risk tolerance. Liquidity Risk Effectively monitor, manage and report liquidity risk. Built on a centralized data structure, our comprehensive framework combines a risk management/stress engine with a robust regulatory reporting platform to give you access to the information you need. Market Risk Conduct consistent and comprehensive assessment of the market changes that could have adverse effects on your business. We provide an integrated view of profit & loss and risk on your balance sheet, from both a risk and a business unit perspective. Based on a centralized data structure specifically designed for financial institutions, our solution takes common pricing models and uses gap analysis and analytical/numerical stress testing analysis to ensure the most reliable results possible. Operational Risk Manage any facet of risk that may threaten your organization s ability to achieve its strategic objectives. Our solution automates and simplifies the collection, storage, analysis, tracking and reporting on information relevant to operational losses, risk and control assessments, definition and management of key risk indicators and scenarios to help you better meet and adapt internal operational risk practices. 3

4 Compliance Complaint Management Keep complaints from turning into regulatory issues and gain insight into your business. We bring content, compliance and technology together in a centralized and automated process that helps organizations of all sizes effectively manage, resolve and report on complaints, turning them from a problem into valuable customer insights. Compliance Program Management Connect regulatory developments with meaningful interpretation, and efficiently and proactively ensure effective compliance program management, oversight and controls. We provide an integrated compliance management system for managing everything from defining policies and procedures to board reporting, creating a culture of compliance across your organization. Conduct Risk Manage controls and workflows, covering the key regulatory changes, anti-bribery and anti-corruption programs associated with conduct risk. Our solution connects your operational risk information to a comprehensive risk and control framework, allowing you to pass the use test with clickthrough from a report on a single event or decision to the risk policy underlying it. Deposit Origination Address critical needs throughout the deposit workflow. From front-end policy development and training through back-end monitoring and reporting, our solutions are designed to help you comply with regulatory requirements and limit business risks as efficiently as possible when opening and maintaining deposit and taxadvantaged accounts. Employee Compliance Reduce the risk associated with employee trading, gifts, entertainment and political contribution activities. Our solution automates the surveillance of insider trading by monitoring employee trading and personal account dealings, allowing the compliance department to effectively supervise and review all aspects of Code of Ethics compliance. Insurance Compliance Address the insurance-specific laws and regulations that impact your business, with insight into relevant changes and tools to help drive the change management process. Connect regulatory developments with meaningful interpretation. Our comprehensive suite of solutions ensures proactive, efficient and effective compliance program management, oversight and controls, as well as the audit trail regulators demand. Lending Origination Originate loan transactions quickly, accurately and in compliance with federal and state regulations. Our industry-leading documentation, workflow, and credit risk solutions support more loan types than any other provider, including consumer, commercial, residential real estate, agricultural, home equity, indirect and Small Business Administration loans. egrc Platform of the Year Policies & Procedures Ensure your policy manuals are continuously updated and compliant with current regulation. Automate their assembly, revision and distribution with visibility and accountability into the process using our solution. You can easily manage policies and procedures across multiple authors, business units and locations. Our expert-authored content is relied on and trusted by hundreds of financial organizations. 4

5 Regulatory Analytics Remain compliant with U.S. banking regulations while reducing the cost and task administration associated with operational compliance processes. Our consulting, software and outsourcing solutions can be leveraged throughout the lending cycle to help your organization remain compliant with stringent regulatory and internal standards. Regulatory Change Management Track regulatory developments and accountability, model their impact on your organization and gain transparency into your compliance management program. Our solution gives you a holistic view of compliance, instead of as individual projects, allowing you to more efficiently govern, so you can realize savings from more efficient governance and processes, decreased testing and documentation costs, and reduced capital allocations through the rationalization of infrastructure that supports regulated activities. Regulatory Intelligence & Research Make informed business decisions. Our solutions provide the up-to-date information you need. Because they connect regulatory developments with meaningful expert-level interpretation, they let you spend less time searching for and stitching together disparate information and more time managing risk and adding value to the business. Regulatory Reporting Improve the accuracy, timeliness, quality and efficiency of your regulatory reporting. Create regulatory and internal reports through a common, standardized data model that harnesses financial intelligence across your enterprise, while addressing the specific requirements of local regulators in more than 50 countries. Servicing Get ahead of regulatory changes surrounding default servicing. Our solutions address compliance at a variety of levels, including documentation, workflow, training and research, while ensuring compliance with all appropriate U.S. jurisdictions. Tax Reporting Meet the complex and stringent obligations associated with cost basis reporting, corporate actions taxability management and fund tax accounting, with minimal impact to your operations. Our awardwinning solutions automate the most challenging tax and regulatory compliance reporting requirements, so you can manage your program efficiently and effectively while meeting the needs of your clients. Consulting & Professional Services Our consultants combine innovative thinking with unrivalled firsthand industry knowledge to offer you a wide array of consulting services in all major areas of the financial services industry, including risk management, regulatory compliance, strategy development and operations management. They have a deep understanding of industry and business needs, vast expertise in risk management, intimate knowledge of regulatory agency workings, and valuable insight into regulatory expectations. Our consulting practice offers access to the expertise necessary to compete and thrive in today s challenging financial services environment. Our professionals are globally dispersed to provide jurisdiction-specific guidance in some of the world s most important financial centers. 5

6 Finance International Financial Reporting Standards (IFRS) Reduce complexity and operational costs while ensuring compliance with IFRS standards. Our solution facilitates reliable reporting, analysis, and overall financial and performance management, so you are able to efficiently access the data you need, as well as generate accounting entries as often as needed for policies and external regulations. Integrated Risk & Finance Support increasing needs for regulatory reporting and management decision making. Our end-to-end solution suite is built on a central business-oriented data layer to increase efficiency, improve data quality and enable you to take advantage of common risk/finance data and calculations, resulting in greater transparency and trust across your organization. Offices in 30+ Countries Our Company 20+ Global Industry Awards Customers in 120+ Countries 2,100 Employees Focused 400+ on Serving You On-Staff Compliance, Risk Management, Finance & Audit Experts 1,000+ In-House Technology Experts Performance Management Support your strategic planning, budgeting and forecasting. Our performance management simulations and analytics are built on a common data structure, which allows you to track and manage costs and revenues at all operational levels by product, company division, distribution channel, customer segment, or individual customer all within a well-defined, yet flexible, accounting environment. Subledger Accounting Streamline accounting processes and reduce manual changes to guarantee accurate, quality data. Our advanced subledger functionality automates subledger accounting, letting you bridge business and finance to provide clear-cut, reliable information to help management make fully informed business decisions. 92% World s Top 50 Banks Our Customers 94% Top 50 European Banks 92% Top 100 U.S. Mortgage Lenders 4,500 U.S. Hedge/ Mutual Funds 90% U.S. banks 68% Top 50 APAC Banks 85% Top U.S. Insurers 95,000 Auditors Within 2,200+ Organizations Worldwide Audit Internal Audit Management Spend less time on the process of documenting and reviewing and more time providing value-added service. Our marketleading audit management solutions help improve every facet of your internal audit process, including risk assessment, scheduling, planning, execution, review, report generation, trend analysis, committee reporting and storage. Controls Management Bring focus to your management and testing of Sarbanes-Oxley (SOX) or any other set of controls you choose to follow or must implement. Our control management solution provides built-in workflows around the assessment, process owner review, testing, documentation, retesting, and certification processes. Data Analysis Put data analytic capabilities in the hands of your entire department. Our solution provides access to powerful data analysis tools such as gap and duplicate detection and Benford s testing without extensive training, or to perform tests on various accounting areas, such as payables, receivables, inventory, journals and noncurrent assets. 6

7 Known for Content and Expertise, Recognized for Our Technology Customers around the world trust our unique combination of industry knowledge, technology and support. Only Wolters Kluwer Financial Services brings these together to help you resolve your business toughest challenges. We are consistently recognized by the industry for the excellence of our content and our technology. Our commitment to you sets us apart as much as or our award-winning solutions. With Wolters Kluwer Financial Services, you ll work with experts who know, and care about, your business as much as you do, and are available for every question, comment, concern and challenge. Unparalleled Industry Scale and Stability We are backed by a $4.9-billion leading global information services and solutions company that applies its deep understanding to its own internal risk management, giving you a high degree of confidence in us as a provider. With a more than 100 year history serving the financial services industry, you can be confident that you ll be able to depend on us now and into the future. TECHNOLOGY 1,000+ in-house technology experts develop, maintain and support our solutions Scope and scale to deliver solutions worldwide 8-10% of earnings reinvested in product development each year Award-winning solutions combine technological intelligence with financial and regulatory expertise SUPPORT & SERVICES TECHNOLOGY FINTECH EXPERTISE KNOWLEDGE KNOWLEDGE Expert staff of former regulators, compliance officers, risk analysts, lawyers and financial industry experts Leading content breadth and change tracking across jurisdictions Relevant, actionable and applied insight woven into every product SUPPORT AND SERVICES 400+ on-staff compliance, risk management, finance and audit experts Veteran consultants with deep understanding of industry and business needs, risk management, regulatory agency workings and regulatory expectations Best practices infused into products and implementation 7

8 Industry Accolades Chartis Research RiskTech100 #4 Overall and Regulatory Reporting Category Winner (2015 & 2014) Liquidity Risk Management Solutions Category Leader (2014) Enterprise Governance Risk & Compliance Category Leader (2014 & 2013) Basel III Technology Solutions Category Leader (2013) Credit Risk Management Best of Breed (2013) Data Management and BI for Risk Category Leader (2013) Operational Risk Management Category Leader (2013) American Banker + Banking Administration Institute (BAI) Fintech Forward #35 Overall (2014) IDC Financial Insights FinTech 100 #37 Overall (2014) Operational Risk & Regulation Award Winner egrc Platform of the Year (2014) Compliance Register Platinum Awards Best Editorial Team (2014 & 2013) Celent Xcelent Award, Basel III and Liquidity Risk Management (2013) A-Team Data Management Summit Reader s Choice Award Best Regulatory Data Management Platform (2013) CIR Risk Management Awards, Risk Management Software of the Year Financial Risk (2013) European CEO s Risk & Compliance Awards Best Compliance Management Provider (2013) FTFNews Technology Awards, Best Compliance Operations Solution GainsKeeper (2013) ABOUT WOLTERS KLUWER FINANCIAL SERVICES Whether complying with regulatory requirements or managing financial transactions, addressing a single key risk, or working toward a holistic enterprise risk management strategy, Wolters Kluwer Financial Services works with customers worldwide to help them successfully navigate regulatory complexity, optimize risk and financial performance, and manage data to support critical decisions. Wolters Kluwer Financial Services provides risk management, compliance, finance and audit solutions that help financial organizations improve efficiency and effectiveness across their enterprise. With more than 30 offices in 20 countries, our prominent brands include: AppOne, AuthenticWeb, Bankers Systems, Capital Changes, CASH Suite, GainsKeeper, NILS, OneSumX, TeamMate, Uniform Forms, VMP Mortgage Solutions and Wiz. Wolters Kluwer Financial Services is part of Wolters Kluwer, which had 2014 annual revenues of 3.7 billion ($4.9 billion), employs 19,000 employees worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices Wolters Kluwer Financial Services, Inc. All Rights Reserved. WKFS Corporate Brochure 1/20/2015 To learn more call or visit WoltersKluwerFS.com. When you have to be right