Wolters Kluwer completes Svenson acquisition

Source: Wolters Kluwer Financial Services

Wolters Kluwer Financial Services, a leading worldwide provider of comprehensive compliance, risk management, finance, and audit solutions for the financial services industry, today announced it has completed the acquisition of Svenson - a market leading regulatory reporting software suite for financial institutions, which is based in Austria.

SVENSON, was part of SmartStream, a leader in financial transaction management solutions.

The SVENSON product suite complements the existing Wolters Kluwer Financial Services offering for regulatory reporting, and risk and finance management which supports financial organizations across the world.

Terms of the deal were not disclosed. 

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