Wolters Kluwer has been distinguished for its expertise in key governance, risk, and compliance areas, according to the 2024 Integrated GRC Solutions, Market Update, and Lender Landscape report by Chartis Research. The company secured five “Category Leader” designations and two “Best-of-Breed” awards, achieving recognition across all seven RiskTech quadrants featured in the report.
Vikram Savkar, Executive Vice President and General Manager of Wolters Kluwer Compliance Solutions, commented, “This recognition highlights our ability to excel in crucial areas for our clients. By integrating cutting-edge technologies with our experienced team, we deliver exceptional augmented intelligence that enhances risk management and regulatory compliance for financial institutions.”
Frans Klaassen, Senior Vice President and General Manager of Wolters Kluwer TeamMate, added, “We are thrilled to be acknowledged as a category leader by Chartis. Our commitment to innovation and providing top-tier audit and assurance solutions reflects our dedication to supporting our clients with advanced technologies now and in the future.”
Wolters Kluwer’s Financial & Corporate Compliance division was honored in six RiskTech quadrants, while the Corporate Performance & ESG division’s TeamMate business received accolades for its internal audit capabilities. The Category Leader awards include GRC for Analytics, Conduct Risk & Control, eGRC, Operational Risk, and Internal Audit. The Best-of-Breed awards were given for Third-Party Risk and IT Risk.
Chartis defines Category Leaders as firms that excel in functionality, technology, and content, capturing a significant market share. Best-of-Breed winners are noted for their expanding client base, strong sales and marketing execution, and a clear path to sustainable growth.
Wolters Kluwer Compliance Solutions is a leading provider of risk management and regulatory compliance solutions for U.S. financial institutions, including banks, credit unions, insurers, and securities firms. Operating under the Financial & Corporate Compliance (FCC) division, Wolters Kluwer helps these institutions manage their risk and compliance needs efficiently.
For more information about Wolters Kluwer, visit www.wolterskluwer.com.
About Wolters Kluwer
Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions, and services for professionals in healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, and corporate performance and ESG. The company provides expert solutions combining deep domain knowledge with technology and services to support critical decision-making.
Wolters Kluwer reported €5.6 billion in annual revenues for 2023 and serves customers in over 180 countries, with operations in more than 40 countries and approximately 21,400 employees worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
