PR89773

Wolters Kluwer CCH(R) Tagetik expands its APAC footprint to serve a growing South Korean client base and strong demand for Corporate Performance Management Solutions

NEW YORK, November 11, 2022, /PRNewswire=KYODO JBN/--

Wolters Kluwer [https://wolterskluwer.com/] (AEX: WKL), a leading global

provider of expert solutions, insights, and services for professionals, today

announced the launch of its operations in South Korea with the opening of a new

CCH Tagetik office in Seoul, which will broaden the company's presence in the

Asia Pacific (APAC) region to eleven countries.  

The company's entry into the world's 10th-largest economy follows a successful

build-up of the CCH Tagetik customer base across APAC. It will focus on

addressing the growing demand in South Korea for a proven and scalable

Corporate Performance Management

[https://www.wolterskluwer.com/en/solutions/cch-tagetik](CPM) solution with

state-of-the-art governance that unifies and streamlines financial processes.

"The key to CCH Tagetik's success is our commitment to excellence and ability

to combine global best practices with local expertise. The new office will help

us bring these values and capabilities to our clients and partners in Korea and

across APAC and provide them with the local support they need," said KARL

MOUANTRI, General Manager, CCH Tagetik at Wolters Kluwer APAC.

The CCH Tagetik unique CPM value proposition has helped many regional

organizations struggling with:

underperforming legacy applications,

disconnected point solutions, and

spreadsheets to transition to our industry-leading unified platform.

CPM has enabled them to optimize their financial and operational planning,

forecasting, and analysis, streamline statutory and management consolidation

processes and allow compliant and auditable regulatory reporting on IFRS 17 and

ESG standards.

The new office, located in JustCo Tower at 431 Teheran-ro, in Seoul's

sought-after Gangnam commercial district, will serve as CCH Tagetik's country

headquarters and be helmed by JEONG YOUN GWI, who joined as general manager of

South Korea operations effective September 1st. YOUN GWI is an industry veteran

with over two decades of experience in CPM at leading global corporations,

including Accenture, Cisco, HP, Hyosung TNS, and Samsung C&T.

"I'm excited to assist Korean enterprises in managing the increasing

complexities of their financial operations and helping them scale up their

business in this uncertain yet exciting global business environment," YOUN GWI

said. "I have been living and breathing CPM since the mid-90s. It was an

eye-opening experience to see what CCH Tagetik is doing for our customers and

partners with our industry-leading solutions when I attended the annual inTouch

user conference in Lucca, Italy."

YOUN GWI added: "Over the last two decades, several organizations in Korea have

rolled out CPM solutions but struggled to achieve financial and operational

alignment across departmental silos, leading to inconsistencies in data and

limited sharing of information.

With the CCH Tagetik unified platform, we empower all users with access to data

from a controlled and reconciled source of truth. Every department can benefit

from tools like predictive forecasting, allocations, workflows, and seamless

Excel integration."

About Wolters Kluwer

Wolters Kluwer [https://wolterskluwer.com/](WKL) is a global leader in

professional information, software solutions, and services for healthcare; tax

and accounting; governance, risk, and compliance; and legal and regulatory

sectors. We help our customers make critical decisions daily by providing

expert solutions that combine deep domain knowledge with advanced technology

and services.

Wolters Kluwer reported 2021 annual revenues of €4.8 billion. The group serves

customers in over 180 countries, maintains operations in over 40 countries, and

employs approximately 19,800 people worldwide. The company is headquartered in

Alphen aan den Rijn, the Netherlands.

Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included

in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1

American Depositary Receipt (ADR) program. The ADRs are traded on the

over-the-counter market in the U.S. (WTKWY).

For more information, visit www.wolterskluwer.com, and follow us on Twitter,

Facebook, LinkedIn, and YouTube.

Media Contacts:

Beatriz Santin

CCH® Tagetik

+1 339 229 2447 office

Beatriz.santin@wolterskluwer.com

Jackie Hyland                                                  

CCH® Tagetik                                              

+1 984 218 5410 office          

Jackie.hyland@wolterskluwer.com          

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Source: Wolters Kluwer