Central Bancompany Selects Wolters Kluwer’s Regulatory Change Management, Risk and Controls Technology
Summary
BOSTON--( BUSINESS WIRE )-- Central Bancompany , headquartered in Jefferson City, Mo., has implemented Wolters Kluwer’s regulatory change management offering along with its risk and controls assessment solution to streamline processes and enhance compliance risk management and controls among Central Bancompany’s 13 affiliate banks. “As we continue to evolve our compliance management system to fit the size and complexity of our organization, the necessity to enhance our second line of defense and change management to become more streamlined, efficient and structured throughout our organization became apparent,” said Shannon Thomason, Senior Vice President, Chief Compliance Officer at Central Bancompany. “Adding these solutions gives us immediate transparency and connectivity into the array of regulatory rules and developments impacting our business, and allows us to respond in a coordinated, compliant manner.” The business helps these financial institutions efficiently manage compliance obligations tied to loan and deposit origination transactions and workflows, manage risk and regulatory compliance challenges, and gain the insights needed to focus on better serving their customers and growing their business. Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors.
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