Press Release

Wolters Kluwer Financial Services Expands Enterprise Risk Management Offering to Europe

Solution Suite Combines Company’s Proven Sword Risk Management Technology with Trusted Regulatory Content and Compliance Expertise

LONDON – 20 April 2011 – Wolters Kluwer Financial Services, a leading worldwide provider of compliance and risk management solutions for the financial services industry, today announced the expansion of its enterprise risk management (ERM) offering, ARC Logics for Financial Services, to the European marketplace. The offering helps financial services professionals better understand and evaluate compliance, operational and financial risk across their entire organisations.

The ARC Logics for Financial Services solution suite combines the company’s proven Sword risk management technology platform with Wolters Kluwer Financial Services’ trusted 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.

The ARC Logics solution suite also draws upon the financial risk management and reporting capabilities of FRSGlobal, a part of Wolters Kluwer Financial Services that is utilized by 41 of the world’s top 50 banks. As a result, financial organisations, including former Sword customers, can utilize ARC Logics to collaboratively manage compliance, operational and financial risks, as well as internal audit, across all business lines and legal entities, and across multiple risk disciplines.

This approach allows organisations to take a coordinated approach for completing risk assessments, reporting risk incidents and issues, providing control attestation, and producing appropriate reports for regulators, board members, executive management and shareholders. With ARC Logics, organisations are better able to fulfill immediate enterprise risk management objectives in a targeted, cost-effective manner while concurrently building a holistic, enterprise-wide program.

“Solvency II, Basel III and other global regulatory guidelines present organisations internationally with a number of new compliance and risk management challenges,” said Todd Cooper, vice president and general manager of Wolters Kluwer Financial Services’ Enterprise Risk Compliance Business. “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.”

For more information about ARC Logics for Financial Services, please visit http://www.wolterskluwerfs.co.uk.

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services is a comprehensive regulatory compliance and risk management business that helps financial organisations manage operational, compliance and financial risk and reporting, and improve efficiency and effectiveness across their enterprise. Wolters Kluwer Financial Services supports its global customers with more than 30 offices in 20 countries and is a leading worldwide provider of compliance and risk management solutions for the financial services industry, serving more than 15,000 banking, insurance and securities customers across the globe. Wolters Kluwer Financial Services is part of Wolters Kluwer, a market-leading global information services company focused on professionals with annual revenues (2010) of €3.6 billion (£3.1 billion), approximately 19,000 employees worldwide and operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Visit our website, YouTube or follow @WKFinancialEU on Twitter for more information about our market positions, customers, brands, and organisation.