AxiomSL’s industry-leading solutions are enabling banks, asset managers and insurance firms in Kuwait to manage ongoing regulatory change, including tax, financial and risk operations reporting requirements.
AxiomSL supports the requirements of Islamic finance. It continually monitors changes to the reporting requirements of the Central Bank of Kuwait (CBK) and makes the necessary upgrades to its templates, leaving clients free of burdensome development work.
Financial services and insurance clients in Kuwait are also using AxiomSL to comply with regulations in markets around the world. AxiomSL supports all electronic submission formats. Its XBRL reporting functionality is leading the industry by giving clients the the ability to maintain multiple taxonomy versions.
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.