Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Netherlands
  4. Euronext Amsterdam
  5. Wolters Kluwer
  6. News
  7. Summary
    WKL   NL0000395903

WOLTERS KLUWER

(WKL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Wolters Kluwer : áWolters Kluwer and NYDIG Collaborate to Bolster Financial Institutions' Bitcoin Programs

10/22/2021 | 09:01am EST

 Wolters Kluwer’s Bitcoin Deposit Disclosure Program helps foster compliant documents, practices

Wolters Kluwer Compliance Solutions and NYDIG, a leading provider of Bitcoin platform solutions, have reached an agreement where Wolters Kluwer will serve as an exclusive preferred vendor to interested financial institutions seeking assistance in meeting their regulatory and compliance obligations while exploring and implementing services for bitcoin programs. Wolters Kluwer is positioned to provide regulatory compliance solutions and services that range from a deposit disclosure program to regulatory risk assessments for institutions looking to offer their customers access to bitcoin services provided by NYDIG.

This collaboration grants Wolters Kluwer rights as the exclusive provider of Bitcoin Deposit Disclosure Program-NYDIG Accounts of those financial institutions seeking deposit documents when their clients open a NYDIG account.

The Bitcoin Deposit Disclosure Program delivers compliant content necessary for U.S. banks and credit unions to compliantly offer NYDIG’s bitcoin program. By leveraging the NYDIG platform with Wolters Kluwer compliant content, U.S. banks and credit unions gain confidence to meet the growing mainstream interest in bitcoin to retain and grow their customer base and increase non-interest income opportunities.

“We are excited to work with an innovative financial technology firm like NYDIG to help support their growth while operating in a safe, secure and compliant manner,” said Steve Meirink, Executive Vice President and General Manager for Wolters Kluwer Compliance Solutions. “With regulatory scrutiny and oversight anticipated well into the future, our robust team of legal and compliance experts will continue to monitor and update our compliance content. Financial institutions working with NYDIG will benefit from this collaboration, providing them the confidence to know that their disclosures are compliant and meet their regulatory obligations.”

“This important relationship exemplifies why many financial institutions have chosen NYDIG as their digital assets partner. If you are a financial institution, the process of figuring out how to provide access to bitcoin is more than just an exercise in technology, but in compliance and regulations,” said Patrick Sells, NYDIG’s Chief Innovation Officer. “Wolters Kluwer’s knowledge and experience in providing regulatory risk assessments and deposit disclosures to U.S. financial institutions—and its understanding of important U.S. regulatory issues relating to digital assets—is instrumental for the industry.”

Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks and credit unions, insurers and securities firms. The business, which sits within Wolters Kluwer’s Governance, Risk & Compliance (GRC) division, helps these financial institutions efficiently manage risk and regulatory compliance obligations, and gain the insights needed to focus on better serving their customers and growing their business.

Wolters Kluwer’s GRC division provides an array of expert solutions to help financial institutions manage regulatory and risk obligations. Wolters Kluwer Compliance Solutions’ iLien Motor Vehicle provides for the processing and management of motor vehicle titles and liens, helping solve the most unique and complicated challenges in title perfection. Its OneSumX® for Regulatory Change Management tracks regulatory changes and organizes them to create structured, value-added content through a single data feed that is paired with an easy-to-use software solution. Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR), meanwhile, is a global market leader in the provision of integrated regulatory compliance and reporting solutions. The division’s legal solutions businesses are Wolters Kluwer CT Corporation and Wolters Kluwer ELM Solutions.

About Wolters Kluwer Governance, Risk & Compliance
Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.

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. Wolters Kluwer reported 2020 annual revenues of €4.6 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,200 people worldwide.

About NYDIG
NYDIG provides Bitcoin technology and financial services solutions to banks, insurers, corporations, and institutions. The firm and its products meet the industry’s highest regulatory, audit, and governance standards. Learn more at nydig.com, or connect on LinkedIn and Twitter.


ę Business Wire 2021
All news about WOLTERS KLUWER
09:32aPhoebe Targets Improved Patient Management With Earlier Sepsis Recognition and Interven..
BU
11/29Wolters Kluwer CT Corporation Podcast Weighs the Pros and Cons of S Corporation Status
BU
11/25WOLTERS KLUWER : N.V., - Share Buyback Transaction Details November 18 – November 24..
PU
11/25Share Buyback Transaction Details November 18 – November 24, 2021
AQ
11/24Wolters Kluwer Names the Winner of Its 2021 Alfredo deHaas Excellence in Data Analytics..
BU
11/24Wolters Kluwer Celebrates Record Chartis RiskTech100« Results
BU
11/23Wolters Kluwer Earns Two 2021 Gold Globee Awards
BU
11/22Wolters Kluwer Regulatory Compliance, Tax Experts to Host Webinar Exploring New Cryptoc..
BU
11/22New Wolters Kluwer survey of tax & accounting professionals identifies key underlying f..
BU
11/19Wolters Kluwer Names Winners of Its 2021 Community Impact Award
BU
More news
Analyst Recommendations on WOLTERS KLUWER
More recommendations
Financials
Sales 2021 4 723 M 5 354 M 5 354 M
Net income 2021 727 M 824 M 824 M
Net Debt 2021 2 159 M 2 448 M 2 448 M
P/E ratio 2021 35,2x
Yield 2021 1,46%
Capitalization 25 764 M 29 040 M 29 206 M
EV / Sales 2021 5,91x
EV / Sales 2022 5,62x
Nbr of Employees 18 670
Free-Float 96,1%
Chart WOLTERS KLUWER
Duration : Period :
Wolters Kluwer Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WOLTERS KLUWER
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 18
Last Close Price 99,26 €
Average target price 89,27 €
Spread / Average Target -10,1%
EPS Revisions
Managers and Directors
Nancy McKinstry Chairman-Executive Board & Chief Executive Officer
Kevin B. Entricken Chief Financial Officer
Frans J. G. M. Cremers Chairman-Supervisory Board
Jeanette Horan Independent Member-Supervisory Board
Ann Elizabeth Ziegler Independent Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
WOLTERS KLUWER45.24%29 341
S&P GLOBAL INC.41.43%111 990
RELX PLC30.71%60 107
THOMSON REUTERS CORPORATION49.74%59 411
MSCI INC.44.56%53 219
EQUIFAX INC.47.30%34 656