Wolters Kluwer said its regulatory expertise and technology offerings will help financial professionals comply with industry regulations, including those enforced by Reserve Bank of India, Securities and Exchange Board of India, Insurance Regulatory and Development Authority and Financial Intelligence Unit – India.
In addition, the company also helps its customers understand implications of global regulations on the Indian financial services industry.
According to the Wolters Kluwer, the regulatory intelligence, financial crime control, enterprise risk management and financial risk management solutions will support the Indian banks and other financial institutions to develop, implement and maintain effective and comprehensive programs with compliance and risk
Wolters Kluwer Financial & Compliance Services CEO Brian Longe the company also provide access to the global compliance expertise — a key benefit in assessing the impact of regulations both in India and abroad.
Wolters Kluwer also hired key executives to help its business expansion in India, including Prabhat Gupta, head regulatory specialist; Abhyuday Singh, market development manager; Dipten Chakravorty, regulatory content specialist; and Om Prakash, financial crime control specialist.
