Missouri’s Central Bancompany has chosen to implement Wolters Kluwer’s regulatory change management solution across its 13 affiliate banks. OneSumX for Regulatory Change Management tracks regulatory changes and maps them to specific lines of business, providing enhanced risk and controls assessment. Central Bancompany also uses Wolters Kluwers’ OneSumX Risk and Controls Assessment to manage its enterprise compliance risk. “Adding these solutions gives us immediate transparency and connectivity into the array of regulatory rules and developments impacting our business, and allows us to respond in a coordinated, compliant manner,” says Shannon Thomason, Senior Vice President, Chief Compliance Officer at Central Bancompany.
A-Team Insight Blogs
Recorded Webinar: A harmonised approach to data management for regulatory reporting and record keeping
Don’t miss this opportunity to view the recording of this recently held webinar. Financial institutions acknowledge the need to harmonise their approach to data management for regulatory reporting and record keeping, and recognise the resulting benefits of increased efficiency, reduced costs and readiness for future regulation – but while the concept may be clear, the...
Avox has posed a 25% year-on-year gain in the number of entities it has validated, bringing its total database of entities with validated reference data to over a million. The million-entity milestone comes against the backdrop of the imminent launch of the global legal entity identifier (LEI) standard, which was the subject of last week’s...
The Fundamental Review of the Trading Book (FRTB) Breakfast Briefing, will examine how the capital markets industry is approaching FRTB data management and will look at the implications for the ways that firms source, manage and store data for FRTB compliance.
Our 2015/2016 edition of the BCBS 239 Data Management Handbook has arrived! Printed copies went like hotcakes at our Data Management Summit in New York but you can download your own copy here and get access to detailed information on the principles and implications of BCBS 239 on Data Management. This Handbook provides an at-a-glance...