AxiomSL’s industry-leading solutions are enabling banks, asset managers and insurers in Germany to comfortably manage ongoing regulatory change, including tax, financial and risk operations reporting requirements.
AxiomSL maintains up-to-date templates for reporting to the Deutsche Bundesbank and the Federal Financial Supervisory Authority (BaFin), and provides all of the data aggregation, validation, transformation and reporting functionality that market participants need to comply with disclosure requirements.
Asset managers are benefiting from AxiomSL’s solution for the Alternative Investment Fund Managers Directive (AIFMD), shareholding disclosure requirements and many other regulations. Insurers are using AxiomSL to meet their obligations under Solvency II.
AxiomSL supports all electronic submission formats. Its XBRL functionality includes the ability to maintain multiple taxonomy versions. This is proving particularly useful to clients at a time when regulatory 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.