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Worldline and ABN AMRO Extend Partnership to Support Payment Services in the Dutch Market RateGain and Juspay Partner to Power ‘RG Pay,’ a High-Performance Financial Technology Platform for the Global Travel and Hospitality Industry Travel Providers to Accept UnionPay Cards for Both Direct e-Commerce Bookings and Indirect Sales via Amadeus Travel Platform Creditinfo Brings Global Fraud and Identity Solution to Uganda to Strengthen AML and Financial Crime Defences BVI Financial Services Conference Examines Global Financial Crime Risks and Reaffirms BVI’s Commitment to Integrity Glia Launches Industry-First Contractual Guarantee Against AI Hallucinations and Prompt Injections Money20/20 Asia Report: APAC Fintech Ecosystem Shifts from Experimentation to Scale as AI and Digital Assets Drive Leadership MoonPay Launches New Funding Options for Pump.fun Traders Red Rocks Credit Union Partners with My First Nest Egg to Help Member Families and Local Students Build Healthy Money Habits Early Emprise Bank Adds Fintech Entrepreneur Randy Fernando to Board of Directors Unlimit Appoints Irene Skrynova as CEO, Global Payments European Fintech Blackcat Launches Multi-Wallet App Combining Euro and Crypto Accounts, Completing Rebrand DeepTarget Debuts RetainIQ™: Leveraging AI-Driven Insights and DXP Automation to Turn New Account Openings into High-Yield, Lifelong Growth UAE Markets Face Sharp Volatility as Geopolitical Headlines Drive Investor Mambu Selected as Core Banking Provider by Nyla, Africa’s First Islamic Neobank

CIBC Opts for Wolters Kluwer’s Regulatory Reporting Hub in Asia and UK

CIBC has chosen Wolters Kluwer’s OneSumX offering to provide its regulatory reporting software for the U.K. and Asia Pacific region.

OneSumX provides an ecosystem of complementary and comprehensive solutions and services to manage the intersection of governance, finance, risk andcompliance, increasing organizational profitability, efficiency and growth.

The bank has specifically signed up to use Wolters Kluwer’s OneSumX Regulatory Reporting, including the firm’s Regulatory Update Service. This unique service is maintained by Wolters Kluwer experts who actively monitor regulation in approximately 50 countries, helping to ensure the solution is current at all times. OneSumX Regulatory Reporting uses a single source of data to ensure consistency, reconciliation and accuracy.

CIBC is already a user of the OneSumX platform in the U.K., using it to service all the institution’s Bank of England statistical and prudential reporting as well as EBACOREP, FINREP and Liquidity Reporting.

Notably, CIBC has also extended the use of the platform to incorporate reporting requirements for Japan and Australia. Both Australia and Japan utilize centralized instances of the underlying OneSumX Regulatory Reporting data model, which are installed at CIBC’s Head Offices in Toronto, Canada.

The OneSumX platform is now also set to be rolled out to Hong Kong and Singapore, where CIBC has established banking operations.

Globally financial institutions are required to submit an ever-increasing range of information to regulators,” notes Clive Pedder, executive vice president and general manager of Finance, Risk and Reporting for Wolters Kluwer. “Our content-rich offering allows clients to manage their regulatory obligations with precision. We look forward to continuing our work with CIBC.”

Other banks that have recently signed up to use OneSumX include Banco Santander, Taiwan Business Bank, Bank BGŻ BNP Paribas and Sberbank.

Companies In This Post

  1. Worldline and ABN AMRO Extend Partnership to Support Payment Services in the Dutch Market Read more
  2. RateGain and Juspay Partner to Power ‘RG Pay,’ a High-Performance Financial Technology Platform for the Global Travel and Hospitality Industry Read more
  3. Travel Providers to Accept UnionPay Cards for Both Direct e-Commerce Bookings and Indirect Sales via Amadeus Travel Platform Read more
  4. Creditinfo Brings Global Fraud and Identity Solution to Uganda to Strengthen AML and Financial Crime Defences Read more
  5. BVI Financial Services Conference Examines Global Financial Crime Risks and Reaffirms BVI’s Commitment to Integrity Read more
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