WALTHAM , Mass. – May 21, 2008 – Wolters Kluwer Financial Services announced today that it has been selected by the International Securities Exchange (ISE), the world’s largest equity options trading venue, to publish ISE rules online through its CCH Wall Street Compliance Resource Network (CRN) and Wolters Kluwer Law & Business’ Internet Research Network (IRN).
Through this new relationship, Wolters Kluwer Financial Services’ customers will be able to conveniently access ISE rules, along with those of many other exchanges, on a single platform. For more than 40 years, exchanges have partnered with Wolters Kluwer Financial Services to provide access to the latest industry rules. With the addition of the ISE, Wolters Kluwer Financial Services’ full library includes federal and state securities regulations, plus rules of the Financial Industry Regulatory Authority (FINRA), New York Stock Exchange (NYSE), Financial Services Authority (FSA), American Stock Exchange (Amex), NYSE Arca, Chicago Board Options Exchange (CBOE) and Philadelphia Stock Exchange (PHLX).
“Not only are financial professionals able to find the most up-to-date ISE rules in a consistent format, but because Wolters Kluwer Financial Services hosts rules for nearly every exchange online, all of the rules are cross-searchable,” said Peter Berkery, vice president and general manager of Securities Compliance Solutions at Wolters Kluwer Financial Services. “This is a very valuable feature for individuals who want to compare and contrast rules across the different exchanges.”
Berkery noted that regulatory intelligence is a critical component in helping the financial community meet industry guidelines and minimise risk.
“By adding the ISE rules to the CRN and IRN, we are helping meet the growing demand for global financial products and services,” he said.
For more information on subscribing to the ISE rules online, visit www.cchwallstreet.com, call 866-221-0404, or e-mail scsinfo@wolterskluwer.com.
Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organisations manage risk and improve efficiency and effectiveness across their enterprise. The organisation’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, GulfPak, Desert Document Services, AppOne®, GainsKeeper®, CCH® Capital Changes, NILS INSource®, AuthenticWeb™ and CCH Wall Street®.
Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and work flow tools, documentation, analytics, authoritative information, and professional services. Customers include banks, credit unions, mortgage lenders, and securities and insurance organisations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit www.WoltersKluwerFS.com.
Wolters Kluwer is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2007) of €3.4 billion ($4.8 billion), maintains operations in over 33 countries across Europe, North America and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Visit www.WoltersKluwer.com for information about our market positions, customers, brands and organisation.
The International Securities Exchange operates a family of fully electronic trading platforms, creating efficient markets through innovative technology and market structure. ISE's markets portfolio consists of an options exchange and a stock exchange. As the world's largest equity options trading venue, ISE offers options on equities, ETFs, indexes, and FX. The ISE Stock Exchange trades approximately 6,000 products, and is the only fully electronic equities platform that provides the opportunity for continuous price improvement through the interaction of its non-displayed liquidity pool, MidPoint Match, and its displayed stock market. ISE Alternative Markets is scheduled to launch in 2008 and will offer a parimutuel trading platform for derivatives auctions. To complement its markets and enable investors to trade smarter, ISE creates innovative new products including a portfolio of proprietary indexes and enhanced market data for sophisticated investors.
ISE is a wholly owned subsidiary of Eurex, a leading global derivatives exchange. Eurex itself is jointly owned by Deutsche Börse AG (Ticker: DB1) and SWX Swiss Exchange. Together, Eurex and ISE are the global market leader in individual equity and equity index derivatives.
For more information, please visit www.ise.com.