Solution Overview

AxiomSL, a global leader in regulatory compliance and risk management solutions for over 20 years, provides a data driven compliance platform, which empowers financial institutions to meet their FATCA regulatory requirements with confidence. AxiomSL’s data management framework assesses clients’ records creating a centralized client data repository to enrich clients’ data records, monitor internal data procedures, streamline controls & processes and provides the foundations for preparing for future regulations. This integrated solution addresses the FATCA requirements in the areas of client classification and reporting.

The centralization of data on a single platform and the automation of the compliance process delivers a simple, cost effective and scalable solution, which collects, analyzes, monitors, audits and validates data and then reports from thousands of client records. AxiomSL’s FATCA solution is easy to install at the core of your system infrastructure without any data conversion, allowing you to be FATCA compliant with a full audit trail ensuring traceability of every process.

  • Flexible and comprehensive Reporting Solution that provides end-to-end support on multiple regulatory reporting requirements
  • Allows integration of Client specific logic, configuration and definition on rules for specific jurisdiction
  • Supports multiple platforms
  • Single framework for monitoring and reporting (large volume) globally
  • Automate and track updates of metadata, dictionaries and documentation
  • Transparency allowing clients to see the logic applied to data behind every step of the process

      • One-Stop Modular Solution – Data Management, Client Classification, Reporting
      • Single Platform that provides transparency, auditability, automation and integration thus promoting collaboration across business functions with the greatest level of efficiency.
      • Experience – Leading global solution provider with 26 years of history in regulatory reporting, capable of handling various reporting requirements through state-of-the-art technology
      • Hassle Free – No data transformation requirements – flexible data model
      • Client Classification – Identify clients efficiently and perform accurate and on-time due diligence
      • In-House Team of Experts – Keeping up-to-date with the evolving regulations and ensuring the solution is remains compliant and providing post-live support
      • Ease of Reporting – Simple interface to streamline reporting across multiple jurisdictions, entities and business units
      • Flexible – Able to implement last-minute changes based on regulatory requirements

The burden of complying with the FATCA regulations has fallen on most participants in financial services industry across the globe who now have to undertake enhanced client due diligence and reporting to the IRS or their local tax authorities.

FATCA presents unique challenges to financial institutions, namely:


  • Understanding, managing, and monitoring of different FATCA reporting requirements based on local jurisdiction
  • Identifying clients efficiently and performing accurate and on-time due diligence

  • Extracting and aggregating data from multiple sources in different formats
  • Need for flexibility in reporting systems and processes to adapt to new regulation requirements
  • Generating XML reports satisfying every reporting jurisdictions
  • Adapting the FATCA solution to the changing internal systems landscape
  • Technical challenges on encryption and data security concern

  • Generation of reports for jurisdictions where schemas differs from the standard

Resource Center

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AxiomSL, the leading global provider of regulatory reporting and risk management solutions, announced today that Industrial and Commercial Bank of China (ICBC) (London)…

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From FATCA to Basel, the impact of regulation will continue to be significant

From anti-tax evasion measures to liquidity metrics, the private banking industry has been kept busy with a range of new regulatory requirements over the past 12 months.

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Bancolombia Adds AxiomSL FATCA Solution to Reporting Platform

AxiomSL, a leading provider of regulatory reporting and risk management solutions to the financial services industry, announced today that Bancolombia, Colombia’s largest…

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As FATCA enters its second year, firms have big decisions to make about reporting

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