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Wolters Kluwer Financial Services has announced the launch of the company’s new enterprise risk management (ERM) offering, ARC Logics for Financial Services. The ERM suite was created specifically for insurance, banking, and securities organizations and provides them with compliance and regulatory intelligence. ARC Logics helps them bring transparency, control, and efficiency to managing compliance and operational risks as well as to the audit function, according to the company.

ARC Logics features a modular approach that enables financial services organizations to fulfill their immediate risk management objectives in a targeted, cost-effective manner while allowing for expanded future usage of the same platform. The solution’s modules are policies and procedures, risks and controls, program management, and audit. These can be implemented all at once or individually and expanded as needed with changing business requirements and regulations.

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