Elixirr partners with Kaizen for regulatory reporting
Latest news
Elixirr partners with Kaizen for regulatory reporting 29 March 2018London Reporter: Jenna Lomax
Image: Shutterstock
Elixirr has partnered with Kaizen to deliver an end-to-end regulatory reporting remediation service for financial institutions.
The two firms will offer clients assurance testing, governance and support on their trade and transaction reporting remediation projects.
According to Elixirr, this is a significant milestone in responding to the increasing levels and complexity of regulation faced by the industry.
Kaizen checks items of transaction data for accuracy and completeness, while Elixirr provides support to resolve the reporting issues highlighted by the Kaizen assurance assessment.
Barry Lewis, a partner at Elixirr, said: “This partnership means we can combine robust data quality assurance tools with the analysis and remediation expertise of our team, and help our joint clients respond even more effectively to the increasing needs for reporting compliance.”
Dario Crispini, CEO and founder of Kaizen, commented: “I see the partnership as an important step forward in compliance evolution. By combining the skill set and expertise of the two companies we are able to provide clients with greatly enhanced confidence and accuracy when reporting to regulators.”
He added: “Elixirr has a strong reputation, attention to detail and unwavering passion to really help firms succeed and we trust them to provide the best remediation solutions for the companies we work with.”
“The market is already responding well, and I have full confidence that this partnership will quickly benefit our clients and go from strength to strength in the months and years to come.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 