Commerzbank Picks AxiomSL
Service aims to address multiple regulations on one platform
Regulatory reporting and risk management solutions provider AxiomSL announces that it was selected by Commerzbank to deliver the SEC 15c3-1 and other regulatory mandates, such as the Financial and Operational Combined Uniform Single, Treasury International Capital (TIC), Off Balance Sheet reporting and additional US broker-dealer-based reports.
The bank opted to implement AxiomSL's integrated platform because of its ability to address complex data infrastructure and to automate regulatory reporting requirements on one platform.
US broker-dealers are looking for ways to keep up with the stricter regimen for compliance regulations that include myriad rules such as SEC Rule 17a-5. Firms are currently grappling with legacy systems that are aggregated with manual spreadsheets to support their reporting processes.
Alex Tsigutkin, AxiomSL CEO, says: "Institutions can optimize their existing IT infrastructure by implementing a flexible data management architecture, with an analytical and reporting layer and aggregation capabilities, which will address multiple regulations on one integrated platform."
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Regulation
Will overnight trading in equity markets expand next year? It’s complicated.
The potential for expanded overnight trading in US equity markets sparked debate this year, whether people liked it or not.
Waters Wavelength Ep. 342: LexisNexis Risk Solutions’ Sophie Lagouanelle
This week, Sophie Lagouanelle, chief product officer for financial crime compliance at LNRS, joins the podcast to discuss trends in the space moving into 2026.
Citadel Securities, BlackRock, Nasdaq mull tokenized equities’ impact on regulations
An SEC panel of broker-dealers, market-makers and crypto specialists debated the ramifications of a future with tokenized equities.
FIX Trading Community recommends data practices for European CTs
The industry association has published practices and workflows using FIX messaging standards for the upcoming EU consolidated tapes.
Interview: Linda Middleditch, Regnology
Regnology’s Linda Middleditch discusses its acquisition of Wolters Kluwer’s FRR business
Tokenized assets draw interest, but regulation lags behind
Regulators around the globe are showing increased interest in tokenization, but concretely identifying and implementing guardrails and ground rules for tokenized products has remained slow.
Waters Wavelength Ep. 341: Citi’s Pitts and Topa
This week, Citi’s Michele Pitts and Marcello Topa join Wei-Shen to talk about UK and EU T+1.
Why source code access is critical to DORA compliance
As DORA takes hold in EU, Adaptive’s Kevin Covington says that it is shining a light on the criticality of having access to source code.
