Latest news with #WoltersKluwer
Yahoo
4 days ago
- Business
- Yahoo
Wolters Kluwer to divest its Finance, Risk and Regulatory Reporting unit
PRESS RELEASE Wolters Kluwer to divest its Finance, Risk and Regulatory Reporting unit Alphen aan den Rijn – July 21, 2025 – Wolters Kluwer Financial & Corporate Compliance (FCC) announces today that it has signed a binding agreement to sell its Finance, Risk and Regulatory Reporting (FRR) unit to Regnology Group GmbH (Regnology) for an enterprise value of approximately €450 million, subject to closing conditions and contractual adjustments. The planned divestment will allow FCC to concentrate its efforts and investments on developing its existing positions in U.S. banking compliance and corporate legal and compliance services. Lisa Nelson, CEO of Wolters Kluwer Financial & Corporate Compliance, said: 'With over 30 years' of experience in supporting large banks with a broad range of technology solutions, Regnology is an excellent home for FRR as it continues to build out its integrated regulatory and risk solutions to support ever-more complex and granular data reporting.' Rob Mackay, CEO of Regnology, said: 'I am pleased to welcome the FRR team to Regnology. Their deep domain expertise and established presence across key markets will significantly strengthen our ability to serve financial institutions globally. This acquisition allows us to expand into new territories and accelerate our vision of delivering unified regulatory, risk, and finance reporting solutions. I look forward to building on FRR's strengths and unlocking new opportunities for clients and employees alike.' In 2024, FRR generated revenues of €123 million (approximately 10% of FCC division 2024 revenues1) with margins reflecting significant investment in its platform to support Basel and other new regulatory reporting requirements. The transaction, which is subject to regulatory approval and employee consultations, is expected to be completed in the fall 2025. Wolters Kluwer expects to record a (non-benchmark) capital gain upon completion. The use of net after-tax proceeds from the divestment will be determined after closing. The entities to be divested will continue to be consolidated with FCC until completion. 1 Pro forma for the transfer, as of January 1, 2025, of the Finance, Risk & Reporting (FRR) unit from the Wolters Kluwer Corporate Performance & ESG division to the Wolters Kluwer Financial & Corporate Compliance (FCC) division. ### About Wolters KluwerWolters Kluwer (EURONEXT: WKL) is a global leader in information solutions, software, and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,900 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX, Euro Stoxx 50 and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in theU.S. (WTKWY). For more information, visit follow us on LinkedIn, Facebook, YouTube and Instagram. Media Investors/Analysts Stefan Kloet Meg Geldens Wolters KluwerGlobal Communications Wolters KluwerInvestor Relations m +316 12 22 36 57 ir@ Forward-looking Statements and Other Important Legal InformationThis report contains forward-looking statements. These statements may be identified by words such as 'expect', 'should', 'could', 'shall' and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-lookingstatements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in themarkets in which Wolters Kluwer is engaged; conditions created by any pandemics; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Trademarks referenced are owned by Wolters Kluwer N.V. and its subsidiaries and may be registered in various countries. Attachment 2025.07.21 Wolters Kluwer to divest its Finance, Risk and Regulatory Reporting unitError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
4 days ago
- Business
- Associated Press
Wolters Kluwer to divest its Finance, Risk and Regulatory Reporting unit
PRESS RELEASE Wolters Kluwer to divest its Finance, Risk and Regulatory Reporting unit Alphen aan den Rijn – July 21, 2025 – Wolters Kluwer Financial & Corporate Compliance (FCC) announces today that it has signed a binding agreement to sell its Finance, Risk and Regulatory Reporting (FRR) unit to Regnology Group GmbH (Regnology) for an enterprise value of approximately €450 million, subject to closing conditions and contractual adjustments. The planned divestment will allow FCC to concentrate its efforts and investments on developing its existing positions in U.S. banking compliance and corporate legal and compliance services. Lisa Nelson, CEO of Wolters Kluwer Financial & Corporate Compliance, said: 'With over 30 years' of experience in supporting large banks with a broad range of technology solutions, Regnology is an excellent home for FRR as it continues to build out its integrated regulatory and risk solutions to support ever-more complex and granular data reporting.' Rob Mackay, CEO of Regnology, said: 'I am pleased to welcome the FRR team to Regnology. Their deep domain expertise and established presence across key markets will significantly strengthen our ability to serve financial institutions globally. This acquisition allows us to expand into new territories and accelerate our vision of delivering unified regulatory, risk, and finance reporting solutions. I look forward to building on FRR's strengths and unlocking new opportunities for clients and employees alike.' In 2024, FRR generated revenues of €123 million (approximately 10% of FCC division 2024 revenues1) with margins reflecting significant investment in its platform to support Basel and other new regulatory reporting requirements. The transaction, which is subject to regulatory approval and employee consultations, is expected to be completed in the fall 2025. Wolters Kluwer expects to record a (non-benchmark) capital gain upon completion. The use of net after-tax proceeds from the divestment will be determined after closing. The entities to be divested will continue to be consolidated with FCC until completion. 1 Pro forma for the transfer, as of January 1, 2025, of the Finance, Risk & Reporting (FRR) unit from the Wolters Kluwer Corporate Performance & ESG division to the Wolters Kluwer Financial & Corporate Compliance (FCC) division. ### About Wolters Kluwer Wolters Kluwer (EURONEXT: WKL) is a global leader in information solutions, software, and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,900 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX, Euro Stoxx 50 and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY). For more information, visit follow us on LinkedIn, Facebook, YouTube and Instagram. [email protected] Forward-looking Statements and Other Important Legal Information This report contains forward-looking statements. These statements may be identified by words such as 'expect', 'should', 'could', 'shall' and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; conditions created by any pandemics; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Trademarks referenced are owned by Wolters Kluwer N.V. and its subsidiaries and may be registered in various countries. Attachment
National Post
4 days ago
- Business
- National Post
Regnology to Acquire Wolters Kluwer's Finance, Risk & Regulatory Reporting Business Unit (FRR)
Article content Expanding Regulatory Intelligence Platform and Global Reach Article content FRANKFURT, Germany — Regnology, a leading software provider with a focus on regulatory reporting solutions, today announced it has entered into a definitive agreement to acquire Wolters Kluwer's Finance, Risk & Regulatory Reporting (FRR) unit. Article content Article content The proposed acquisition represents a strategic step in Regnology's ambition to deliver regulatory intelligence at scale—bringing together complementary capabilities across finance, risk, and regulatory reporting. It also expands Regnology's presence in key markets and strengthens its ability to support financial institutions with granular data, jurisdiction-specific requirements, and cross-border compliance. Article content Rob Mackay, CEO of Regnology, said: 'FRR brings additional expertise and reach that will enhance our ability to serve clients globally. We look forward to supporting clients with a unified platform that helps them modernize their infrastructure, navigate Basel IV, and prepare for the future of regulatory reporting.' Article content Lisa Nelson, CEO of Wolters Kluwer Financial & Corporate Compliance, said: 'We are proud of the accomplishments of our Finance, Risk, and Regulatory Reporting teams. Regnology is strategically aligned to build on FRR's strengths, and we are confident that they are joining an organization that is well-positioned to continue serving customers with excellence while opening new growth opportunities for employees.' Article content Fredrik Näslund, Partner, Nordic Capital Advisors commented: 'This agreement reflects Regnology's continued momentum and innovation in the regulatory technology space. It positions the company to deliver even greater value to financial institutions worldwide. Nordic Capital is truly excited about Regnology's continued journey.' Article content Clients will benefit from a unified platform that combines Regnology's cloud-first architecture with FRR's established capabilities, offering scalable solutions for both heritage and cloud-ready environments. Article content Article content Article content
Business Wire
18-07-2025
- Business
- Business Wire
Wolters Kluwer brings AI Lab to American Association of Law Libraries conference
NEW YORK--(BUSINESS WIRE)-- Wolters Kluwer Legal & Regulatory U.S. will host a future-facing AI Lab during the upcoming 2025 American Association of Law Libraries Annual Meeting and Conference in Portland, OR. Legal researchers can register here for the opportunity to gain an exclusive preview of VitalLaw AI innovations in early development, share feedback, and directly influence the evolution of Wolters Kluwer's innovative solutions. Elsewhere during the conference, David Bartolone, Vice President and General Manager at Kluwer Law International, Wolters Kluwer Legal & Regulatory U.S., will lead a discussion exploring how AI is helping to make legal research more proactive. Panel: ' From Reactive to Proactive: How Law Librarians Can Lead Amid Regulatory Volatility and AI Evolution' What: Legal information experts will examine the challenges presented by a volatile regulatory landscape. This includes the possibilities – and pressures – represented by deep research and agentic AI capabilities. When: July 21, 11am PT Where: OCC rooms B115 and B116 Attendees can also visit the Wolters Kluwer team at Booth 401 to learn more about VitalLaw, Wolters Kluwer's AI-powered legal research platform. VitalLaw helps legal professionals achieve regulatory compliance and gain a deeper understanding of complex legal issues in key areas, including securities, tax, and other areas of law. For more information about Wolters Kluwer, please visit: About Wolters Kluwer Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,600 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. For more information, visit follow us on LinkedIn, Facebook, YouTube and Instagram.
Yahoo
17-07-2025
- Business
- Yahoo
Wolters Kluwer Appoints Madhur Aggarwal as EVP & General Manager of Corporate Performance Management
NEW YORK, July 17, 2025--(BUSINESS WIRE)--Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that Madhur Aggarwal has been named as the new Executive Vice President and General Manager of Corporate Performance Management (CPM), in the Wolters Kluwer Corporate Performance & ESG (CP & ESG) Division. Karen Abramson, CEO of Wolters Kluwer Corporate Performance & ESG, said: "Madhur's commitment to customer-driven innovation and his expertise and success in leading businesses to seize untapped growth are a perfect match to lead the evolution of our Corporate Performance Management business. Madhur will accelerate our mission to deliver expert solutions that empower CFOs to make informed strategic decisions, meet regulatory demands and drive sustainable business. I am delighted to welcome Madhur to Wolters Kluwer." Aggarwal brings with him a wealth of global leadership experience and a proven track record of driving innovation and growth across technology and enterprise software businesses. His career spans senior executive roles at industry-leading organizations, including SAP, Pearson, and most recently, EcoVadis, where he served as Chief Product Officer and General Manager of Solutions. Aggarwal is known for his strategic vision, customer-centric mindset, and ability to scale high-impact solutions across global markets. Madhur Aggarwal said, "This is an incredibly exciting time to lead Wolters Kluwer CPM. In today's environment, CFOs are at the center of value creation while managing risk for their organizations. Technological innovation and advancements, including agentic AI, have the potential to support them in this evolving role. Together, we will empower future-focused CFOs to free capacity from operational tasks and drive profitable growth with solutions that support customers' needs across business performance, transformation, and strategic risk management." Wolters Kluwer Corporate Performance Management (CPM) business unit is part of the Wolters Kluwer Corporate Performance & ESG (CP & ESG) division. This division is the world's leading provider of integrated software solutions for EHS, ESG, Corporate Performance Management and Audit and Assurance. Through innovative technology and unique expertise, Wolters Kluwer CP & ESG enables business leaders to make informed, strategic decisions, driving transformation, performance and risk management for a sustainable and resilient world. For more information about Wolters Kluwer, please visit: About Wolters Kluwer Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,600 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. For more information, visit follow us on LinkedIn, Facebook, YouTube and Instagram. View source version on Contacts Media Contact Tara SchumacherDirector, External CommunicationsCorporate Performance & ESGWolters Sign in to access your portfolio
