About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

MUFG Europe Selects Wolters Kluwer for Regulatory Reporting

Subscribe to our newsletter

MUFG Europe, the European subsidiary of Japan’s Mitsubishi UFJ Group, has selected Wolters Kluwer’s OneSumX software to manage a number of regulatory and risk reporting obligations, including AnaCredit and Interest Rate Risk in The Banking Book (IRRBB), for its Dutch and German business lines.

The bank is an existing user of OneSumX, which uses a single source of data to ensure consistency, reconciliation and accuracy across regulatory reporting and includes Wolters Kluwer’s Regulatory Update Service that provides active monitoring for regulatory change in around 30 countries.

MUFG will also use Wolters Kluwer’s OneSumX AnaCredit solution, an integrated and scalable solution that uses grid and in-memory computing to handle the large data volumes required for AnaCredit, a European Central Bank project to set up a dataset containing detailed information on individual bank loans in the euro area.

Sander van der Laan, executive director and head of MUFG Europe’s risk management division, says: “New requirements under AnaCredit and IRRBB are changing the frequency on which we report. As an existing customer of Wolters Kluwer, it was a natural choice to extend our use of OneSumX.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practice approaches to data management for regulatory reporting

Effective regulatory reporting requires firms to manage vast amounts of data across multiple systems, regions, and regulatory jurisdictions. With increasing scrutiny from regulators and the rising complexity of financial instruments, the need for a streamlined and strategic approach to data management has never been greater. Financial institutions must ensure accuracy, consistency, and timeliness in their...

BLOG

A-Team Group Announces Winners of its Prestigious Innovation Awards 2025

The most innovative data and technology solutions for capital markets were recognised today as A-Team Group announced the winners of this year’s A-Team Group Innovation Awards 2025. Now in its fifth year, the prestigious awards recognise the innovative projects created across the vendor and practitioner communities that provide high-value solutions to organisations within capital markets...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...