The offering helps financial services professionals better understand and evaluate compliance, operational and financial risk across their entire organizations.
The ARC Logics for Financial Services solution suite combines the company’s Sword risk management technology platform with Wolters Kluwer Financial Services’ European regulatory content and compliance expertise.
Wolters Kluwer acquired the Sword solution in 2008, which has now officially become part of the ARC Logics offering.
Wolters Kluwer Financial Services vice president and general manager for Enterprise Risk Compliance Business Todd Cooper said Solvency II, Basel III and other global regulatory guidelines present organizations internationally with a number of new compliance and risk management challenges.
"ARC Logics provides them with the actionable regulatory intelligence and the tools they require to holistically and effectively manage these and compliance, operational and financial risks across their entire operations," Cooper said.
