Wolters Kluwer Completes Svenson Acquisition from SmartStream

Wolters Kluwer Completes Svenson Acquisition from SmartStream


Minneapolis-based Wolters Kluwer Financial Services announced Monday that it has completed the acquisition of Svenson, a regulatory reporting software suite for financial institutions, which is based in Austria. Terms of the deal were not disclosed.

Svenson was part of SmartStream, a provider of financial transaction management solutions. The Svenson product suite complements the existing Wolters Kluwer Financial Services offering for regulatory reporting, as well as the company’s risk and finance management offerings.

Wolters Kluwer Financial Services provides compliance, risk management, finance, and audit solutions for the worldwide financial services industry.

The company assists more than 15,000 customers globally in navigating regulatory complexities, optimizing risk and financial performance, and managing data to support decision-making. Wolters Kluwer has more than 30 offices in 20 countries and 19,000 employees worldwide.


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