When: May 7, 2015
Where: Geneva, Switzerland
AxiomSL’s European team will be exhibiting as official partner of the 17th Banking Solutions Day, a technology event that brings together bankers and their suppliers to discuss trends and best practice when approaching complex IT requirements.
The annual Banking Solutions Day represents an important meeting point for various global banks and organizations that specialize in technology services dedicated to the banking sector. More importantly, the challenges that are now surfacing for many Swiss banks also make this event an ideal opportunity for market participants to exchange information on the latest compliance issues and regulatory developments affecting both Swiss and global entities.
For many Swiss banks, the most important regulatory milestone so far this year was on March 31st, when they had to submit their first reports for the Foreign Account Tax Compliance Act (FATCA). This presented a number of challenges in relation to the collection, harmonization, validation and reporting of client data.
2015 will also see the introduction by the Swiss National Bank (SNB) of new versions of the templates that banks must use to submit reports on a wide variety of topics – ranging from balance sheet information to their liquidity and capital requirements.
As a result of these changes and others, many banks are beginning to evaluate the benefits of an automated reporting platform and the shortcomings of legacy systems.
This congress will see four to six debates, based on concerns shared by both the banking sector and TICs, including numerous opinion polls. Moderated by journalists, academics, service providers and bankers, the discussions will address the following key bullet points:
- An operational approach to cyber security
- The importance of financial technology within banking
- Outsourcing: Beyond cost-cutting
- Key principles and benchmarks for banking IT professionals
- The game-changing role of TIC in wealth management
Come and visit our booth
We will have our own booth at the Banking Solutions Day, so if you would like to learn more about how AxiomSL works, or would like to discuss the latest regulatory reporting challenges and developments affecting your team or firm, please come by and visit.
To arrange for a discussion, simply schedule a meeting by clicking the link below.Schedule Now...
Julius Baer chooses AxiomSL for group-level and Swiss entity Basel III reporting and Swiss statistical reporting
March 16, 2015 – AxiomSL, a global provider of regulatory reporting and risk management solutions, announced today that Julius Baer, the leading Swiss private banking group, has chosen AxiomSL’s strategic platform to automate its group-level and Swiss entity Basel III calculations and reporting, as well as its group-level and Swiss entity statistical reporting. This expands on Julius Baer’s ongoing use of AxiomSL for financial reporting in Hong Kong and Singapore.
To read more, click here.