TPBank selects Wolters Kluwer’s OneSumX IFRS9
Summary
SINGAPORE--(BUSINESS WIRE)--Vietnams Tien Phong Commercial Joint Stock Bank (TPBank) has chosen Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) business to provide software for helping to ensure compliance with International Financial Reporting Standard (IFRS) 9. “We sought out the services of a company with superior domain expertise around the accounting standard, as well and technological prowess and solid track record of implementation. Wolters Kluwer, which has a strong local knowledge, and its OneSumX for FRR software, meets international practices and is fully scalable to launch new and innovative products as we grow, helping us meet today’s reporting requirements today, and those in the future.” “We are delighted that TPBank has selected our software, further cementing our strong reputation in Vietnam as the partner of choice for leading banks in the country. Wolters Kluwer FRR receives frequent independent recognition of its excellence and innovation, celebrating a record year for award wins in 2020. 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.