Wolters Kluwer Successfully Implements OneSumX for Finance at Small Medium Enterprise Development Bank Malaysia Berhad
Summary
OneSumX for Finance is a comprehensive and modular solution which provides the financial industry with a solid framework to capture and store all relevant contractual information, manage events and transactions, International Financial Reporting Standards and MFRS calculations, accounting generation and processing up to the delivery of the disclosures. “The bank required a vendor that could provide us with the best solution and system implementation in the fastest time possible,” commented Haizad Rizal Aziz, SME Bank’s Group Chief Financial Officer. Notably, the solution offers full transparency and traceability that fully satisfies internal and external audit needs. Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, stay competitive and produce better business outcomes. Wolters Kluwer N.V. (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.