PORTFOLIO

FRSGlobal

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Investment Date: 2006
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FRSGlobal provides banks with compliance, risk management and analytics software to enable them to mitigate operational risks and to reduce the costs of compliance with Basel II, IFRS and Sarbanes-Oxley regulations. FRS has over 1000 financial institutions as customers, including 40 of the top 50 global banks. The company was acquired in September 2010 by Wolters Kluwer Financial Services.