Automated GSD Capability Recognized as Industry’s Most Innovative Regulatory Reporting Solution
Adenza, the new company formed by the merger of Calypso Technology and AxiomSL to provide customers with end-to-end, trading, treasury, risk management and regulatory compliance platforms, today announced that its Global Shareholding Disclosures (GSD) solution was named Most Innovative Regulatory Reporting Solution at the A-Team Innovation Awards 2022. The annual awards program, hosted by the A-Team Group, recognizes innovative projects and teams across vendor and practitioner communities that make use of new and emerging technologies to deliver high-value solutions for financial institutions in capital markets.
Singled out for its multi-jurisdictional coverage, seamless integration and workflow and control automation, Adenza’s GSD solution allows financial institutions to consolidate and aggregate reporting across their entire entity structures on a single platform. Shareholding disclosure rules are inherently intricate and vary widely from one jurisdiction to another, requiring financial institutions to identify and manage in-scope holdings, beneficial ownership, monitoring levels, and threshold and reporting triggers. Adenza’s GSD solution allows firms to comply with specific local requirements while delivering a unique user-focused capability that features “desk-level” monitoring of their equity thresholds.
The GSD solution is part of Adenza’s AxiomSL ControllerView® data integrity, data lineage and control platform, which allows institutions to seamlessly embed risk models, ingest external model results, add source data, and transform disparate data points into a Basel-driven data dictionary that supports advanced regulatory calculations, reporting, and submission from a single source.
Organized by the A-Team Group, and overseen by an independent Advisory Board, the A-Team Group’s Innovation Awards evaluate firms based on their use of new and emerging technologies to deliver high-value solutions. The 2022 Data Management Insight were presented on March 23, 2021.