Wolters Kluwer Financial Services acquired the regulatory compliance content of PRINGLE Policy and Procedure Solutions from PRINGLE Publications Corp. More than 500 U.S. financial institutions use the regulatory knowledge and expertise within the PRINGLE solution.

Wolters Kluwer will integrate PRINGLE’s compliance and safety and soundness policies and procedures, worksheets, forms, and regulatory checklists and tests into the Policies and Procedures module of the company’s ARC Logics for Financial Services enterprise risk management solution. The company will offer its ARC Logics customers with direct access to PRINGLE content through the module, which will provide a common, dynamic platform to proactively manage, edit, and update their policies and procedures.

The integration of PRINGLE content within ARC Logics further strengthens the continuum of control that compliance professionals require to ensure their primary regulatory obligations are met within the operational units, the company said.

“The clear and accurate articulation of required and desired behaviors coupled with the collection of positive attestations of all personnel that they have read, understood, and plan to follow the policies and procedures are absolute requirements to holding operational units responsible and accountable for regulatory compliance,” says Raffi Festekjian, president of Wolters Kluwer Financial Services’ Risk & Compliance business.

http://www.wolterskluwer.com/Press/Latest-News/2011/Pages/dec14-2.aspx