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Regulation news

AxiomSL expands in CEE


26 February 2016 Wroc?aw, Poland
Reporter: Stephanie Palmer

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Image: Shutterstock
Reporting and risk management solutions provider AxiomSL has opened a new office in Wroc?aw in Western Poland.

The new office will cater to the needs of Central and Eastern European (CEE) firms looking for help in complying with the growing number of regulatory requirements.

A team of 15 new staff will work on developing and implementing regulatory solutions for the CEE market, including for pan-European and global regulations.

AxiomSL aims to help firms reduce the cost of compliance by consolidating regulatory calculations and reporting them on to its own strategic platform.

Ed Royan, COO for Axiom SL in Europe, the Middle East and Africa, said: “Firms in the [CEE] region must keep up with a range of new regulatory requirements and it is clear they are looking for a new, more efficient way to do this.”

“We are offering them just that by giving them the opportunity to manage all of their regulatory calculation and reporting requirements on a single strategic platform. Our Polish team will be building out solutions that address local regulatory challenges and will be on hand to implement these for firms in the region.”

The opening follows a pattern of AxiomSL’s expansion in Europe. In 2015, the company opened new offices in Luxembourg and Amsterdam, increased it number of employees by 30 percent, and added coverage for regulatory calculations and reporting requirements in France, Spain, Germany and Sweden.
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