AxiomSL’s industry-leading solutions are enabling banks, asset managers and insurance firms in the Channel Islands to address regulatory challenges, including tax, financial and risk operations reporting requirements.

Banks and financial institutions use AxiomSL’s templates and submission functionality to report to the Jersey Financial Services Commission and the Guernsey Financial Services Commission. AxiomSL continually monitors changes to reporting requirements and updates its templates and system accordingly. This relieves its clients of time-consuming development work.

Asset managers in the Channel Islands are benefiting from AxiomSL’s solutions for the Alternative Investment Fund Managers Directive (AIFMD), shareholding disclosure requirements and many other regulations.

AxiomsSL supports all electronic submission formats. Its sophisticated XBRL functionality allows users to maintain multiple taxonomy formats. This is proving particularly valuable to clients as reporting requirements 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.