Union Bank of India chooses AxiomSL's XBRL solution
Provider helps with regulatory reporting in the UK
AxiomSL, a provider of regulatory reporting and risk management solutions, has announced that UK-based Union Bank of India will use its XBRL solution to submit a wide range of regulatory reports to the Financial Conduct Authority, as part of its compliance with the Capital Requirements Directive IV (CRD IV).
Union Bank of India will use AxiomSL's solution to convert its regulatory reports from Excel and other formats into the XBRL taxonomies specified by the European Banking Authority (EBA)
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