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WOLTERS KLUWER : Deeply Saddened by Death of Adri Baan, Chairman of the Supervisory Board 04/08/2013| 09:55am US/Eastern Alphen aan den Rijn (April 8, 2013) - Wolters Kluwer is deeply saddened by the unexpected death of Adri Baan, Chairman of the Supervisory Board of the information services company. Wolters Kluwer extends its deepest condolences to the family of Mr. Baan, who died on April 5. Adri Baan (1942) was a member of the Wolters Kluwer Supervisory Board since 2002 and had chaired the Board since 2006. Adri's leadership helped to guide the company through its transformation to a global, digital business. Peter Wakkie, Deputy Chairman of the Supervisory Board of Wolters Kluwer, will take over his duties for now. The company will make further announcements in due course. CEO and Chairman of the Executive Board Nancy McKinstry said: "We were shocked and saddened at the death of Adri Baan, who did so much for our company during more than a decade as Supervisory Board member and chairman. We will miss Adri's positive energy, his insights and his warm humor. We extend our deepest condolences to his family and friends and wish them strength at this difficult time." About Wolters Kluwer
Mizuho Corporate Bank Nederland NV Selects Wolters Kluwer Financial Services' Regulatory Reporting Solution for Netherlands Mizuho Corporate Bank Nederland NV Selects Wolters Kluwer Financial Services' Regulatory Reporting Solution for Netherlands CoRep Reporting Solution Allows Dutch Subsidiary of the Second Largest Japanese Financial Services Firm to automate CoRep Reporting Business Wire BRUSSELS -- April 9, 2013 Wolters Kluwer Financial Services announced today that the Mizuho Corporate Bank Nederland NV (MCBN), a wholly-owned Dutch subsidiary within the Mizuho Financial Group (MHFG), has selected its regulatory reporting solution in order to comply with the prudential reporting requirements in the Netherlands and in Belgium. Utilizing the Wolters Kluwer Financial Services regulatory reporting solution, MCBN will be able to calculate and submit the CoRep reports in compliance with the requirements outlined by the Basel Committee for Banking Supervision. Wolters Kluwer Financial Services’ automated regulatory reporting solution was selected by MCBN due to its efficient, accurate and manageable reporting processes and its ability to save time, resources and streamline processes. Having already previously selected Wolters Kluwer Financial Services’ regulatory reporting solution for Belgium, MCBN committed to expanding the provision in order to meet reporting requirements in the Netherlands as well. As a result of this commitment, MCBN will benefit from Wolters Kluwer Financial Services’ industry leading reporting capabilities and expertise. “With the need for banks to provide ever more data whilst monitoring the data integrity, Mizuho Corporate Bank Nederland NV investigated the market to find an automated solution to cope with these increasing regulatory requirements,” said David Morival, Risk Control Officer at Mizuho Corporate Bank Nederland NV. “Wolters Kluwer Financial Services came out on top due to its highly customizable modules and scalable database. The regulatory reporting solution is fit for the size of our organization and thereby ensures us of the best return on our investment. Bottom line, we believe Wolters Kluwer Financial Services’ modular approach is the right answer to MCBN's business needs.” As a result of the implementation, MCBN can benefit from: * Automation, standardization and simplification of reports as a result of less reliance on dependencies across the end to end process; * Strong audit trails of data flows; * Consistency across the different reports presented to the regulators including the Dutch National Bank and the National Bank of Belgium; * In-built validation rules in line with the local regulator validation rules; and * Drill-down function for cells of the returns/reports for detailed data analysis. “The CoRep requirements are extensive and require firms to submit substantially more data at a more granular level and as result puts extra strain on resources. Wolters Kluwer Financial Services’ CoRep application is integrated into the regulatory reporting and easily adaptable to local discretions,” said Kris Van Bavel, VP EMEA at Wolters Kluwer Financial Services. “Through our deep domain expertise and the industry knowledge of our experts, we are very well placed to help firms become compliant with the CoRep regulatory reporting requirements in the Netherlands and across wider-Europe, having signed over 260 customers to our CoRep solution. We look forward to continuing to work with MCBN as they look to address their compliance needs across their business.” Wolters Kluwer Financial Services’ regulatory reporting solution is part of its integrated risk and finance platform. The solution is applied to 50 countries’ individual regulatory requirements covering the full spectrum of reporting types: statutory (balance sheet reports, profit and loss reports), prudential (capital adequacy reports, liquidity reports), statistical (securitization reports, banking statistics) and transactional (MiFID reports, balance of payments reports). About Wolters Kluwer Financial Services Whether complying with regulatory requirements, addressing a single key risk, or working toward a holistic risk management strategy, more than 15,000 customers worldwide count on Wolters Kluwer Financial Services for a comprehensive and dynamic view of risk management and compliance. Wolters Kluwer Financial Services provides audit, risk, finance and compliance solutions that help financial organizations improve efficiency and effectiveness across their enterprise. With more than 30 offices in 20 countries, the company’s prominent brands include: FRSGlobal, FinArch, ARC Logics for Financial Services, Bankers Systems, VMP® Mortgage Solutions, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services is part of Wolters Kluwer, a leading global information services and solutions provider with annual revenues of (2011) €3.6 billion ($4.6 billion) and approximately 19,000 employees worldwide. Please visit our website for more information. About Mizuho Corporate Bank Nederland NV MCBN was established in 1974 and is a fully-owned subsidiary of Mizuho Corporate Bank Ltd. (MHCB). MCBN has one branch in Brussels (Belgium) and one Representative Office in Madrid (Spain). MHCB is a global wholesale bank that serves corporate customers, including large and global corporations. MHCB responds to the sophisticated financial needs of customers by drawing on the group's financial functions and the strengths of its global network to pursue a business model that promotes and combines its commercial and investment banking capabilities. MHCB is part of Mizuho Financial Group (MHFG), an internationally renowned bank with its head-office in Tokyo, Japan and servicing Japanese and international corporate clients around the globe. The group has approximately 57,000 staff working in approximately 980 offices worldwide, and total assets of over 1.9 trillion USD (as of March 2011). Contact: Wolters Kluwer Financial Services Jennifer Marso, +1 612-852-7912 Vice President, Corporate Marketing & Communications Jennifer.marso@wolterskluwer.com On Twitter: @JenniferMarso or Lauren Dearmer, +44 207 539 6525 Corporate Communications Manager Lauren.dearmer@wolterskluwer.com On Twitter: @wolterskluwerfs.com
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