OneSumX
by Wolters Kluwer FRR
OneSumX, an integrated solution suite for finance, risk, regulatory compliance, and reporting.
OneSumX for FRR, part of Wolters Kluwer’s Corporate Performance & ESG division, is the best-in-class, integrated solution suite for finance, risk, regulatory compliance and reporting – trusted by leading financial institutions across the globe to help meet data-driven risk and regulatory requirements. As the global market leader in integrated regulatory compliance and reporting solutions, OneSumX for FRR supports regulated financial institutions in meeting their obligations to external regulators and their own boards of directors, by unlocking and connecting critical data across the enterprise, to empower each department to work together to achieve trusted insight and reach solid strategic decisions.
Key solutions:
· OneSumX for Finance enables your teams to run event-based accounting through the lifetime of a transaction. Unrivaled subledger and general ledger capabilities help you to align, consolidate and disclose this data for IFRS9, CECL and hedge accounting.
· OneSumX for Risk reviews the full balance sheet and runs a wide range of risk analytics and modeling capabilities, empowering risk managers to project balances across all risk types, including credit and market risk. Perform sophisticated scenario analysis and stress testing under internal and regulatory metrics.
· OneSumX for Regulatory Reporting allows you to report transparently with enriched, reconciled data from different departments, mapped to a single, complete regulatory library. Utilize your data in an integrated way to feed all required regulatory reports.
· OneSumX for Basel combines data, calculations and reporting to meet your unique Basel compliance needs, so you can better manage risk, meet regulatory requirements and optimize profitability. Covers standardized and advanced approaches across all bank sizes and types.
· OneSumX for Business Analytics is a powerful, efficient visualization and analysis tool that makes it easier to perform business analysis and reporting. Define and quantify the effect of any number of risk stresses, macroeconomic scenarios, business model changes or projections.
· OneSumX for ESG enables financial institutions to collect, control, centralize, and consolidate all their environmental, social and governance data on a single platform. It provides a holistic approach to ESG – from ESG data management and climate risk impact assessment to EBA ESG disclosures reporting.