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AxiomSL’s solutions provide the most effective way for banks, asset managers and insurance firms in Turkey to comply with regulations, including tax, financial and risk operations reporting requirements.
AxiomSL supports the requirements of Islamic finance. It also provides the templates and submission functionality needed to report to the Central Bank of the Republic of Turkey (TMCB) and the Banking Regulation and Supervision Agency (BDDK).
AxiomSL’s solutions offer all of the features asset managers need to comply with regulations around the world, including the European Union’s (EU) Alternative Investment Fund Managers Directive (AIFMD), shareholding disclosure requirements and many others. For insurance firms, AxiomSL offers the most sophisticated Solvency II solution.
AxiomSL provides support for all electronic submission formats. Its XBRL functionality includes the ability to maintain multiple taxonomy versions. This is proving particularly valuable to clients as 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.