Reporting solutions acquisition agreed

Reporting solutions acquisition agreed

Monday 11 April 2011 12:29 London/ 07.29 New York/ 20.29 Tokyo

Wolters Kluwer Financial Services has acquired Spring Programs, an independent provider of financial regulatory reporting solutions in the UK banking market. Spring provides full reporting templates and high-level input and delivery mechanisms to UK regulators. The acquisition - made through Wolters' FRSGlobal business division - will help financial organisations better meet intensifying liquidity and stress-testing requirements, the firms say.


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