AxiomSL is enabling banks, asset managers and insurers in Italy to tackle the introduction of new regulations with ease and confidence, by providing solutions for tax, finance and risk operations reporting requirements.

AxiomSL makes central bank reporting easier for financial institutions in Italy by continually monitoring changes to Bank of Italy’s requirements and producing the necessary updates. Asset managers are enjoying the benefits of AxiomSL’s solutions for the Alternative Investment Fund Managers Directive (AIFMD), shareholding disclosure requirements and many other regulations. For insurers, AxiomSL’s Solvency II solution significantly eases compliance with the requirements of the European Insurance and Occupational Pensions Authority (EIOPA).

AxiomSL provides support for all electronic submission formats. Its industry-leading XBRL reporting functionality includes the ability to maintain multiple taxonomy versions. As reporting requirements continue to change, this ensures clients remain compliant.

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.