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

Wolters Kluwer Integrates Acquisitions to Deliver Single Platform Risk and Compliance Solutions

Subscribe to our newsletter

Wolters Kluwer Financial Services’ decision to abandon the brand names of FRSGlobal, which it acquired in September 2010, and FinArch, which it acquired in July 2012, marks a major step forward in the company’s work to integrate the acquisitions’ products to form a combined offering driven by a single business oriented data architecture.

The product integration initially covers FRSGlobal’s Oracle and SQL server-based RegPro regulatory reporting and RiskPro financial risk and profitability management solutions – although the names are no longer in use – and FinArch’s SQL server-based Financial Studio finance, risk and performance measurement solution. The aim is to integrate these products on a single data platform – Wolters Kluwer noted the integrity of FinArch’s data foundation at the time of the acquisition – and offer them as database agnostic solutions under the Wolters Kluwer Financial Services brand.

With this integration in place, the company’s ongoing product roadmap suggests the inclusion of some Wolters Kluwer Financial Services branded compliance, risk management and audit solutions on the platform. These are likely to include the ARC Logics operational risk and finance solutions, as well as extensions of the acquired products. The ultimate aim is to provide an integrated portfolio with more options and the flexibility to meet the needs of individual organisations. As Wolters Kluwer Financial Services moves the integration forward, the products will be renamed under the company brand.

Reinforcing the motivation behind Wolters Kluwer Financial Services’ acquisition strategy, CEO of finance, risk and compliance, Raffi Festekjian, says: “Having the FRSGlobal and FinArch solutions go to market under our company brand of Wolters Kluwer Financial Services illustrates how we have come together to become a single, cohesive organisation that provides a comprehensive set of offerings to meet the specific needs of our customers around the world.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: An Agile Approach to Investment Management Platforms for Private Markets and the Total Portfolio View

Data and operations professionals at private market institutions face significant data and analytical challenges managing private assets data. With investors clamouring for advice and analysis of private markets in their search for returns, investment managers are looking at ways to gain a more meaningful view of risk and performance across all asset types held by...

BLOG

GoldenSource OMNI Evolves as Buy-Side Demands Transform

Data cloud giant Snowflake’s forum in San Francisco last month was closely watched by the data management industry, especially GoldenSource. A year after its launch, the creators of GoldenSource’s OMNI data lake product for asset managers were keenly watching what Snowflake had to offer with an eye to enhancing the app’s own provisions for the...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

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...