NEW YORK & LONDON & SINGAPORE & MEDELLIN, June 25 (Bernama-BUSINESS WIRE) —AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces that it has entered into a partnership with Refinitiv, one of the world’s largest providers of financial markets data and infrastructure. Combining AxiomSL’s robust Global Shareholding Disclosures (GSD) solution with Refinitiv’s reference data enables Financial Institutions (FIs) to automatically enrich their clients’ positions while managing regulatory obligations across multiple jurisdictions.
As financial markets become increasingly more complex and global in nature, FIs face three main challenges:
- Keeping up with regulatory rules and reporting template requirements across 100 countries
- Accessing reliable market data to ensure that position percentage calculations are accurate
- Automating the process for GSD reporting to meet daily monitoring requirements