AxiomSL expands European regulatory presence 22 September 2020London Reporter: Rebecca Delaney
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AxiomSL has partnered with Confinale to provide regulatory reporting via a data integrity and control platform in Switzerland, Germany and Liechtenstein.
AxiomSL’s ControllerView platform allows financial institutions in the region, including the Swiss National Bank, Financial Markets Authority Liechtenstein, Bank Centrale du Luxembourg and Oesterreichische National Bank, to meet regulatory requirements such as Basel IV and future liquidity and credit capital requirements.
The platform is powered by end-to-end risk and regulatory reporting solutions from Confinale’s integration ecosystem to allow efficient data transition.
Roland Staub, CEO of Confinale, commented: “We are looking forward to a successful collaboration with AxiomSL, a leading technology partner for risk and regulatory reporting solutions.”
“Our integration framework will reduce implementation times while allowing banks to meet their regulatory mandates faster, and achieve full transparency from data ingestion to submission, including data lineage to the source system.”
Edward Royan, head of global products at AxiomSL, added: “We are very pleased to be working with Confinale in line with our vision to expand AxiomSL’s footprint across these regions while delivering a data and technology-driven platform, that enables clients to meet regulatory and risk reporting requirements.”
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