Bangalore: Wolters Kluwer Financial Services, a leading worldwide provider of compliance and risk management solutions for the financial services industry, today announced that Dharpan Koul has joined its FRSGlobal business as Head of Professional Services, India. Dharpan, who has more than 13 years of experience in the risk management and IT industry, is based in Bangalore and will be heading up a dedicated professional services team to help ensure banks in the region have risk management resources and solutions tailored to their specific needs.

Prior to his position at Wolters Kluwer Financial Services, Dharpan was a vice president at core banking and business intelligence provider iCreate Software where he led their Africa operations. He also managed their global customer delivery and contributed to their product development strategy among other responsibilities. Prior to that role, he worked at Oracle Financial Services, where he held posts as delivery manager, project manager and team leader across multiple countries within Asia, Europe and Africa. During his time at Oracle, Dharpan was responsible for multiple projects ranging from banking software implementation to turnkey project development.

Steve Thurley, VP of Asia Pacific and Japan at Wolters Kluwer Financial Services | FRSGlobal, said: “Dharpan is extremely knowledgeable about the risk management and technology challenges currently facing banks. We are proud to welcome him into our organization as we continue to grow our presence in India, particularly at this crucial time when the Reserve Bank of India (RBI) has recently released its draft guidelines on Basel III capital needs and placed a strict mandate that banks in India modernise and automate their reporting functions.”

Wolters Kluwer Financial Services’ FRSGlobal business built its presence in India over eight years, employing a dedicated team of business analysts, customer support associates, professional services consultants and software developers. Its financial regulatory reporting and financial risk management products are enriched with value added content which is embedded into highly practical solutions. The organization’s unparalleled expertise saves firms valuable time and resource when faced with increasingly complex and changing financial regulatory requirements in India. Wolters Kluwer Financial Services also provides advanced risk-based audit planning and can be customised for each organisation, helping auditors meet the rigorous set of processes and procedures they must follow daily.