AxiomSL, a provider of regulatory reporting and risk management solutions, has bolstered its presence in Germany by partnering with SKS Unternehmensberatung.
The partnership with SKS, an implementation provider of regulatory, risk and compliance management systems, will further expand its presence in Germany, Austria and Luxembourg. AxiomSL said it will leverage SKS’s consultancy expertise and extensive knowledge of the reporting obligations in the region.
SKS covers the entire change cycle from identifying regulatory requirements to technical conception, including facilitating implementation and testing, as well as the launch of compliant reporting in the banking system landscape. The two firms will work together on client implementation projects and this collaboration will deliver a simplified process, where the regulatory reports will be generated and submitted to the relevant authorities within short implementation timeframes.
Ed Royan, CEO, AxiomSL EMEA commented: “AxiomSL’s partnership with SKS Unternehmensberatung emphasises our commitment to delivering high performance, agile and transparent solutions for all regulatory disclosures in Germany. Our strategic platform empowers firms with a sound regulatory reporting infrastructure designed to address complex local and global regulatory requirements.
“AxiomSL’s industry leading platform and track record of global success combined with SKS’s functional capabilities and regional footprint will enable firms to benefit from differentiated solutions and meet regulatory demands in a hassle free, timely and cost-effective manner, leveraging a single platform and proven regulatory reporting and risk management technology.”
Compliant with both national and international requirements in Germany and around the globe, AxiomSL’s strategic platform and state of the art solutions are compatible with Central Bank Reporting, AnaCredit, SHS, Basel III and IV, Capital and Liquidity reporting, Trade and Transaction reporting, BCBS 239 and more.
AxiomSL’s enterprise data management (EDM) platform empowers firms to address data governance and risk aggregation while delivering the analytics, workflow automation, validation, audit functionality and reporting.
Its platform supports compliance with a wide range of global and local regulations, including Basel III capital and liquidity requirements, the Dodd-Frank Act, AnaCredit, FATCA, AEI (CRS), EMIR, COREP/FINREP, CCAR, FDSF, BCBS 239, Solvency II, AIFMD, IFRS 9, MAS, ASIC, REMIT, MiFID II, SFTR, central bank disclosures, and both market and credit risk management requirements. AxiomSL’s enterprise-wide approach enables clients to leverage their existing data and risk management infrastructure, reducing implementation costs, time to market and complexity.
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