Germany-based Regnology has agreed to acquire the finance, risk and regulatory reporting (FRR) unit from Wolters Kluwer Financial & Corporate Compliance (FCC) for an estimated enterprise value of €450m.

Wolters Kluwer Financial & Corporate Compliance is a division within Wolters Kluwer, which is engaged in providing professional information, software solutions, and services.

Through the deal, Regnology aims to enhance its capabilities in regulatory intelligence by integrating strengths in finance, risk, and regulatory reporting.

The acquisition is expected to broaden Regnology’s market reach and improve its support for financial institutions through a consolidated platform.

This platform will combine Regnology’s cloud-first architecture with the established functions of FRR, providing scalable solutions suited to both traditional and cloud-ready environments. The integration is part of Regnology’s strategy to deliver enhanced regulatory reporting services at scale.

Regnology CEO Rob Mackay said: “FRR brings additional expertise and reach that will enhance our ability to serve clients globally. We look forward to supporting clients with a unified platform that helps them modernise their infrastructure, navigate Basel IV, and prepare for the future of regulatory reporting.”

Wolters Kluwer, meanwhile, plans to concentrate on strengthening its positions in US banking compliance and corporate legal services after divesting the FRR unit.

This divestment allows Wolters Kluwer to reallocate resources and investments towards these key areas.

In 2024, the FRR division generated €123m in revenue, which represented about 10% of Wolters Kluwer Financial & Corporate Compliance’s total income for that year.

The figures reflect substantial investment in updating its platform to comply with new regulatory standards such as those set by Basel. Upon completion of the deal, Wolters Kluwer expects to record a capital gain, with decisions regarding the net after-tax proceeds to be made subsequently.

Wolters Kluwer Financial & Corporate Compliance CEO Lisa Nelson said: “With over 30 years’ of experience in supporting large banks with a broad range of technology solutions, Regnology is an excellent home for FRR as it continues to build out its integrated regulatory and risk solutions to support ever-more complex and granular data reporting.”

The deal is pending regulatory approvals and employee consultations, with finalisation anticipated in autumn 2025.