[September 22, 2014]

Wolters Kluwer Audit, Risk & Compliance Launches Data Analytics Capabilities within TeamMate Solutions

Wolters Kluwer Audit, Risk & Compliance announced today the integration of a comprehensive data analysis tool set within the industry-leading TeamMate Audit Management System. As a result of an exclusive global alliance with Reinvent Data and its TopCAATs solution, TeamMate's Audit Management and Controls Management systems now offer powerful data analysis functionality in every audit.

"Data mining as an internal audit technique, despite its widespread appeal, is relatively underutilized in most organizations," said Mike Gowell, senior vice president and global general manager, TeamMate. "Providing easy-to-use and powerful functionality, TeamMate Analytics will allow auditors to quickly and effectively deploy data analytics in every audit. We think of it as 'Analytics for every auditor.'"

"TopCAATs is a collection of over 150 tools, specifically created for auditors," said Charlie Walker, founder and president of Reinvent Data. "It runs on top of Excel, which most auditors use every single day, and has been designed with ease-of-use at its core. Unlike other data analysis software, TopCAATs provides auditors of all IT skill levels with access to powerful analytical tools. Combining TopCAATs with TeamMate goes a long way in making audit work easier and more effctive."

TeamMate is the world's most widely used audit management system, with more than 95,000 auditors and over 2,200 organizations using the solution globally. The TeamMate audit management system helps automate and improve an organization's audit processes including: risk assessment, scheduling, planning, execution, review, report generation, trend analysis, audit committee reporting and storage. TeamMate solutions are built by auditors for auditors and our global team of credentialed experts bring their industry experience to every customer in over 100 countries.

TopCAATs is the world's easiest to use, Excel-based data analytics solution, with over 60,000 auditors using it around the globe. The TopCAATs collection of more than 150 tools specifically created for auditors enables them to carry out powerful data analysis with minimal training-saving time, reducing risk, adding value to their audits and facilitating new testing opportunities. For more information, please visit www.TeamMateSolutions.com and www.topcaats.com.

About Wolters Kluwer Audit, Risk & Compliance
Wolters Kluwer Audit, Risk & Compliance is part of Wolters Kluwer, which had 2013 annual revenues of €3.6 billion ($4.7 billion), employs 19,000 employees worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

About Reinvent Data
Reinvent Data Limited was founded in 2008 and specializes in data analytics solutions for the Audit and Accounting professions around the world. TopCAATs is an add-in for Microsoft (News - Alert) Excel™ that adds over 150 tools and features all designed to make life easier for auditors and accountants, allowing them to work more efficiently and effectively, reduce risk, improve quality and add value to the work they carry out.

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