Media Coverage, Media Coverage - AMERICAS

US deregulation “a factor” in regtech deal slowdown

June 15, 2018 Despite a general trend towards deregulation, the changes to the de minimis threshold are unlikely to have a major impact on the regtech industry, explains Bruce Runciman, executive director at AxiomSL, a provider of regulatory and risk management solutions for the financial services sector. For smaller firms sitting under the threshold, although […]

Media Coverage, Media Coverage - EMEA

The banking industry is asking us for help with regulatory change

Banca15 By José María Lanseros 18 May 2018 INTERVIEWS | ROBERT QUINN, SENIOR MANAGER OF AXIOMSL IBERIA The banking industry is spending a lot of time and effort over mandatory, highly demanding regulations. Companies like AxiomSL help to ensure that financial institutions work at what they know best: banking, while this regulatory reporting platform deals […]

Media Coverage, Media Coverage - EMEA

AnaCredit: Key Challenges Demand a Strategic Approach

IT Finanzmagazin By Abhishek Awasthi, Product Manager, AxiomSL EMEA May 9, 2018 Article by Abhishek Awasthi, Product Manager at AxiomSL EMEA, in IT Finanzmagazin discussing the challenges that the European Central Bank’s (ECB) analytical credit dataset regulation (AnaCredit) is posing to the banking industry as the September deadline approaches for these institutions to complete their […]

Media Coverage, Media Coverage - AMERICAS

How regulatory pressures are a blessing for data management

April 20, 2018 After the financial crisis and particularly in Europe, recently, where the second Markets in Financial Instruments Directive (Mifid II) aimed to encourage transparency in the markets, many financial institutions were caught under wider, more stringent banking regulations. Without the necessary infrastructure around new compliance and reporting rules, many firms struggled, and found […]

Media Coverage, Media Coverage - EMEA

Ever more granular, ever faster

Börsen-Zeitung By Stefan Schaaf, Frankfurt 17 April 2018 AxiomSL explains how regulatory requirements are challenging outdated IT systems The need for regulatory reporting at high speed, and at an increasingly detailed level, is posing a challenge for bank IT systems. As Buncak Saykam, Business Development Manager at software provider AxiomSL EMEA told Rules & Regulations […]

Media Coverage, Media Coverage - AMERICAS

U.S. banks face complex compliance challenge with FDIC rules on deposit insurance

April 05, 2018 Some of the largest U.S. banks are grappling with a relatively new regulatory requirement that forces them to identify all of their insured depositors in the event of a bank failure. While banks have until early 2020 to meet the Federal Deposit Insurance Corporation’s rules, called Part 370, experts say evidence on […]

Media Coverage, Media Coverage - APAC

Manual reporting on the way out in Singapore

February 13, 2018 Proposed changes to Singapore’s current comprehensive banking regulation reporting regime could phase out manual reporting, in line with global trends. Following the Monetary Authority of Singapore’s (MAS) second consultation for amendments on MAS 610 reporting last year, the regulator plans to implement the new directives by the end of this quarter, with […]