AxiomSL’s regulatory reporting and risk management solutions empowers banks, asset managers and insurers with the tools they need to manage financial, risk and operational requirements, as well as to comply with regulatory calculation and disclosure mandates both within Hong Kong and around the world.

A primary financial hub in the region, the Hong Kong Monetary Authority (HKMA) is known for its foresight in remaining relevant and well-guarded to the evolving financial landscape of Hong Kong. From enhanced credit card practices to introduction of the code of banking practice (CoBP) and the Treat Customers Fairly (TCF) Charter, the HKMA have introduced many statutory notices in recent times for strengthening financial consumer protection which implies an increased onus on service providers and financial institutions in developing pertinent infrastructure and maintaining Hong Kong’s status as an international financial center.

Our solutions also helps clients achieve regulatory reporting, Basel III reporting, risk analytics and reporting on Hong Kong specific circulars and guidance. Several Hong Kong based European banks advocate using AxiomSL solutions for MA(BS)22 liquidity reporting at consolidated and entity level across multiple jurisdictions. Our solutions have also been used by major banks in Hong Kong to implement IC-5 stress testing.

AxiomSL’s solutions are built on the same adaptable, high-performance platform which supports all electronic submission formats. The sophisticated XBRL functionality of our award winning integrated platform includes the ability to maintain multiple taxonomy versions, making it easier for clients to derive reporting efficiencies while retaining data slicing and dicing capabilities further enabling them to meet and manage cross-jurisdictional reporting requirements in the most cost effective manner.