Leading financial institutions choose Adenza’s innovative platform to opportunity for Basel III/IV and regulatory reporting
Two North America-based G-SIBs, four of the top twenty US banks, and a large financial services and insurance firm recently selected Adenza’s AxiomSL innovative platform to consolidate Basel III/IV RWA/capital calculations and regulatory reporting in a single system.
Compelling event and decision drivers
With Basel III in effect and its finalization (aka Basel IV) looming, firms are subject to increased regulatory scrutiny regarding the accuracy, timeliness, completeness, and consistency of regulatory capital calculation and financial reporting. Regulatory exams often challenge the integrity, controls, and governance of their data flows and systems.
Hampered by siloed data and systems, these firms struggled to stay current with changes. They also recognized the need to introduce strategic alignment of financial regulatory reporting and capital computations. In Adenza, these firms found exactly what they sought: a unified, integrated, futureproof approach that would streamline processes, enable TCO reduction, and optimize for successful, consistent compliance across an interconnected, rapidly evolving regulatory reporting landscape.
Adenza’s AxiomSL Solution
The benefits
Our forward-looking approach of integrating all risk and financial regulatory reporting needs on a single, cloud-enabled technology-driven platform gives clients the control, consistency, and efficiency they need to meet regulatory mandates across global jurisdictions, while significantly:
- Optimizing TCO
- Mitigating control risks and increasing auditability
- Strengthening strategic alignment of risk, finance, and treasury
Investing in Adenza’s AxiomSL solution enables futureproof resilience in the face of regulatory and technology change.
We are delighted that these esteemed firms have chosen to partner with Adenza for their strategic risk and regulatory reporting needs.
We are confident that our integrated, proven solutions coupled with our leading technology platform provides the best path to staying compliant and futureproof in this complex regulatory landscape.
In addition, with the opportunities arising from the merger of AxiomSL and Calypso, we are excited to provide our clients with even more integrated capabilities ranging from front-to-back-office capital markets solutions, Basel III/IV risk analytics, to collateral management and treasury.
- Ed Probst, Head of Strategy, Regulatory Solutions
