AxiomSL’s market-leading solutions are helping banks, asset managers and insurers in Denmark to stay on top of regulatory changes, including tax, finance and risk operations reporting requirements.

Banks in Denmark use AxiomSL’s templates and submission functionality to report to the Danish Financial Services Authority (Danish FSA) and Danmarks Nationalbank. AxiomSL continually monitors changes to reporting requirements and makes the necessary updates to its templates and systems, so its clients don’t have to.

Asset managers in Denmark are using AxiomSL to comply with a range of requirements, including the Alternative Investment Fund Managers Directive (AIFMD), shareholding disclosure requirements and many other regulations. Insurers are enjoying the benefits of AxiomSL’s Solvency II solution.

AxiomSL supports all electronic submission formats. Its XBRL functionality includes the ability to maintain multiple taxonomy versions. This is a major benefit to users as regulations continue to evolve.

AxiomSL’s ‘one platform’ model means the same underlying architecture can be used to comply with all of these requirements and many others, allowing clients to reduce the cost and complexity of regulatory compliance.