Country for PR: United Kingdom
Contributor: PR Newswire Europe
Monday, November 14 2022 - 12:00
AsiaNet
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-AsiaNet/--

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                                                          
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