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The leading knowledge platform for the financial technology industry

A-Team Insight Briefs

Investors Bank Selects Wolters Kluwer’s OneSumX for Regulatory Reporting

Investors Bank, a New Jersey institution with 151 branches and around $25 billion in assets, has chosen Wolters Kluwer’s OneSumX solution for regulatory reporting. OneSumX for Regulatory Reporting is set up to use a single source of data to ensure consistency, reconciliation and accuracy and includes Wolters Kluwer’s Regulatory Update Service, which actively monitors regulation across 30 jurisdictions. “We wanted to take a more strategic approach when it came to our regulatory reporting obligations and says searching for an integrated platform, allowing for regulatory reporting automation,” commented Sean Burke, Executive Vice President and Chief Financial Officer at Investors Bank.

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