AxiomSL's Partnership with Refinitivto Benefit Asset Managers

The AxiomSL and Refinitiv have collaborated to provide simple solutions for asset managers to quickly and effortlessly assess their positions in various instruments.

FREMONT, CA: AxiomSL, the regulatory reporting, and risk management solutions provider has declared its partnership with company Refinitiv, the provider of financial markets data and infrastructure. The integration of Global Shareholding Disclosures (GSD) solution of AxiomSL and reference data of Revinitiv, allow Financial Institutions (FIs) to involuntarily enrich their customer's positions, simultaneously handling regulatory obligations across various jurisdictions.

AxiomSL is a platform for risk analytics, data management, regulatory, and risk reporting. The company integrates its deep industry experience and brilliant data-management platform to offer solutions and services relating to regulatory and risk reporting, liquidity, operations, capital and credit, liquidity, trade and transactions, and tax analytics. AxiomSL was featured in APAC CIO Outlook as one of the Top 25 Fintech Companies 2017.

“Over the past 26 years, AxiomSL’s database-agnostic platform has been helping financial institutions gather data across multiple entities before applying complex aggregation, calculation, and enrichment processes to ensure that firms meet their multi-jurisdictional regulatory reporting needs,” says Peter Tierney, AxiomSL’s CEO for the APAC region.

With the financial markets becoming more sophisticated and global in nature with each passing day, FIs have to face three big challenges:

• To keep up with regulatory rules and requirements of reporting template across 100 nations.

• To access authentic market data to make sure that position percentage calculations are exact.

• To automate the process for GSD in order to meet day-to-day monitoring requirements.

Combining AxiomSL's ControllerView platform that offers automation, monitoring and transparency, with Refinitive's extensive reference data, involving issuer and class level shares, takeover panel data and voting rights, enables participants in the market to comprehend data and reporting issues efficiently comply with shareholding disclosure needs, globally.

The GSD data of Refinitiv is designed to be compatible on the AxiomSL platform to offer full traceability throughout the process of monitoring. This joint approach decreases the burden on customers to source and integrates market data, simultaneously improving the automation of the complete end-to-end process of monitoring.

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