China Merchants Bank opts for the OneSumX Regtech solution

New Regtech deal for Wolters Kluwer in Luxembourg

China Merchants Bank (CMB) selected OneSumX from Wolters Kluwer for their regulatory reporting in Luxembourg following a competitive tendering process.

According to Wolters Kluwer, OneSumX uses a single data source to “ensure consistency, alignment and accuracy,” and includes the service to update company regulations. This service is maintained by its specialists who take care of the regulation in approx. 50 …

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