KUALA LUMPUR, July 8 (Bernama) -- Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has launched a software-as-a-service (SaaS) Regulatory Reporting solution.
The solution marks the first time that the company’s OneSumX regulatory software has been made available on the cloud, providing predictability of cost and lower total cost of ownership.
Wolters Kluwer FRR is also unveiling a major upgrade to its OneSumX Regulatory Engine, which will be rolled out for on-premise installations of OneSumX for Regulatory Reporting.
In a statement, the company said it would be immediately available in the new SaaS offering for clients across Europe and Asia Pacific.
The new Regulatory Engine will be characterised by its enhanced performance and better user- experience, in terms of speed, automation and scalability.
The upgraded platform enables clients to capture source data into regulatory defined reports and run validation, adjustments and auditing before submitting data to regulators.
-- BERNAMA
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