For financial institutions navigating a landscape of stringent regulations and cyber threats, adopting advanced cloud software requires absolute confidence in security and compliance. Wolters Kluwer has announced that its CCH Tagetik Intelligent Platform has earned the IBM Cloud for Financial Services Validated designation, a key validation that confirms the platform adheres to the industry's highest standards for data protection and regulatory adherence.
Wolters Kluwer's CCH Tagetik Intelligent Platform has achieved the IBM Cloud for Financial Services Validated designation.
This validation confirms the platform meets stringent industry controls for security, compliance, and data protection for banks, insurers, and capital markets firms.
CCH Tagetik is positioned as the first Corporate Performance Management (CPM) solution to meet IBM's framework requirements.
The platform combines this compliance assurance with cutting-edge, AI-powered capabilities for forecasting, anomaly detection, and scenario modeling.
It streamlines end-to-end financial performance management, including planning, consolidation, regulatory reporting, and ESG tracking.
The validation is designed to help financial institutions accelerate cloud adoption and modernize finance operations without compromising on security.
Financial services organizations operate under intense regulatory scrutiny and face evolving privacy mandates. The IBM Cloud for Financial Services framework is specifically designed to help these institutions mitigate risk by ensuring third-party solutions adhere to a rigorous set of security controls and compliance best practices. Earning this "Validated" designation is a significant milestone, signaling that CCH Tagetik's architecture and operational practices align with the stringent requirements demanded by the sector.
This validation process involved a comprehensive review of the platform's controls, culminating in the successful completion of IBM's Financial Services Cloud Framework. Madhur Aggarwal, EVP & General Manager of Corporate Performance Management at Wolters Kluwer, stated, “Earning the IBM Cloud for Financial Services Validated designation underscores our unwavering commitment to security and compliance. Financial institutions can now leverage CCH Tagetik with confidence, knowing it meets the highest standards for data protection while delivering cutting-edge AI-powered capabilities.”
The designation directly addresses a core challenge for financial institutions: the need to modernize and innovate quickly while maintaining an ironclad security and compliance posture. With this validation, banks, insurers, and capital markets firms can more confidently adopt CCH Tagetik's cloud-based platform to transform their finance operations.
The CCH Tagetik Intelligent Platform is a comprehensive Corporate Performance Management (CPM) solution. It streamlines everything from financial planning, budgeting, and close consolidation to regulatory reporting, profitability analysis, and ESG (Environmental, Social, and Governance) tracking. Crucially, it embeds AI-driven capabilities such as advanced forecasting, anomaly detection, and scenario modeling to improve the speed and accuracy of financial decision-making.
Beyond the seal of approval, the validation has practical implementation benefits. As an IBM-validated solution, CCH Tagetik comes with prescriptive architecture guidance and validated controls on the IBM Cloud. This reduces the friction, time, and potential risk typically associated with deploying new enterprise software in a highly regulated environment. Financial institutions can accelerate their cloud adoption journey, strengthening risk and compliance frameworks while simultaneously modernizing their finance function with intelligent, AI-enhanced tools.
This achievement positions CCH Tagetik as a leader in secure, compliant innovation for the financial services industry, providing a trusted foundation upon which institutions can build their future-ready finance operations.
About Wolters Kluwer
Wolters Kluwer is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,600 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.