ICBC Taps AxiomSL for Mifid II Solution
The bank is able to use the same platform for multiple regulatory reporting requirements.
ICBC has been using AxiomSL’s platform since 2013 to run Basel capital calculations and to report to the Prudential Regulation Authority and Bank of England. In 2014, it expanded the deployment of the platform to comply with the European Market Infrastructure Regulation (Emir) requirements.
The bank’s London branch will roll out the solution across trade and transaction reporting regimes, including Mifid II and the updated Emir Regulatory Technical Standards (RTS).
AxiomSL says firms like
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