Wolters Kluwer Opens New Office in Indonesia's Capital

Risk and regulatory technology provider Wolters Kluwer has opened a new office in Jakarta, Indonesia to provide professional services, project support and training. The company says the new office will also strengthen its base within the country.

"Indonesia's economy is resilient and the financial sector is healthy. We have been active in this country for nine years and the establishment of an office in Jakarta, the nation's capital and financial hub, reinforces our ongoing commitment," says Andy Arnoys, Indonesia country manager at Wolters Kluwer Finance, Risk & Reporting.

"Our growing local staff will provide product expertise combined with cultural insights for both new and existing customers."

Arnoys adds that the firm's clients and prospects were concerned with new regulatory standards, such as the international accounting standard IFRS 9, and Basel III risk requirements.

Meanwhile, Chris Puype, managing director, Asia-Pacific at Wolters Kluwer, says in a release: "We anticipate an increase in demand to help them manage regulatory complexity. This new office will enable us to be closer to our clients and stay abreast of market developments."