China Merchants Bank (CMB) has selected Wolters Kluwer’s OneSumX for Regulatory Reporting solution to meet regulatory reporting requirements in Luxembourg.

The selected platform uses a single source of data to ensure consistency, reconciliation and accuracy and includes the firm’s Regulatory Update Service.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Wolters Kluwer said that its platform will enable the bank to actively monitor regulation in about 50 countries.

Luxembourg is CMB’s European hub. It manages a network of more than 1800 branches in mainland China, with global consolidated assets exceeding $897bn.

Headquartered in the Netherlands, Wolters Kluwer serves customers in more than 180 nations, maintains operations in over 40 countries and employs 19,000 staff across the globe.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.