The new solution will allow financial institutions to keep familiar with regulatory changes, understand how the changes affect their business, and how policies and procedures should change accordingly.
Wolters Kluwer said that the web-based solution will offer expert analysis of regulatory events, model policies based upon the current regulations, a research tool and a policy management tool.
Wolters Kluwer senior market manager for EMEA Richard Pike said that UK financial services organizations have to continuously analyze how their businesses will be affected by the growing amount of regulation they are faced with.
"Our solution helps firms to maneuver the regulatory minefield, minimizing the cost of applying new regulation to internal policies and procedures in an effective and efficient manner," Pike said.
