Four G-Sibs Pick AxiomSL for AnaCredit Reporting

Banks have already completed test submissions stipulated by Germany and Ireland.

The ECB's AnaCredit regulation has a low reporting threshold

The banks used the regulatory and risk solution provider’s AnaCredit platform to complete test submissions prescribed by Germany and Ireland on the day the test windows opened.

AnaCredit is a European Central Bank project to establish a granular dataset of credit risk information on loan providers in the eurozone. The regulation has a low reporting threshold of €25,000 ($29,400) for all instruments, meaning financial institutions will be required to report all loan exposures on a line-by-line

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