The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

SAP and AxiomSL Combine SAP HANA with AxiomSL Regulatory Reporting Platform

SAP and AxiomSL have integrated the SAP HANA in-memory database and AxiomSL regulatory reporting platform to deliver a solution that is fast to implement and lowers the cost of regulatory reporting for SAP HANA users.

The integration is AxiomSL’s first with another vendor product and is part of a strategic move to integrate the company’s regulatory and risk platform with leading technology solutions. The integration with SAP HANA avoids the need for users of the in-memory database to integrate AxiomSL on an individual basis and allows them to simplify, optimise and automate data aggregation and regulatory reporting processes.

Patrice Vatin, director, digital transformation and industry value engineering, SAP Financial Services France, explains: “As additional reporting requirements come into force, it is essential that the overall operational cost burden to financial institutions is minimised. With this joint solution, users can satisfy regulatory mandates such as BCBS 239 using a single platform and proven regulatory reporting technology.”

Ed Royan, chief operating officer EMEA, AxiomSL, adds: “In partnership with SAP, our combined platforms have been designed to meet the needs of financial institutions and guarantee high performance, scalability, efficiency and transparency.”

Related content

WEBINAR

Recorded Webinar: Best practice approaches for corporate actions automation

Demand for timely and accurate corporate actions data is growing as volumes and complexity rise, and financial institutions acknowledge the increasingly costly gap between accurate corporate actions processing in real, or near-real, time and faulty processing caused by poor data and resulting in missed opportunities to optimise revenue. While many firms currently process parts of...

BLOG

Sponsored Blog: The LIBOR Transition: Fallback Rates and the USD Cash Market

By Jacob Rank-Broadley, Head of LIBOR Transition, B&I, Refinitiv. Our latest Refinitiv webinar sees a panel of experts unpack some pertinent issues surrounding cash products referencing USD LIBOR after its cessation. The most widely used USD LIBOR settings will permanently cease or no longer be representative after 30 June 2023, the Financial Conduct Authority has...

EVENT

Data Management Summit Boston (Redirected)

As investment management firms take on more responsibility and control over core operational functions, A-Team has seen demand for a more buy-side oriented event focused on data and data management. The inaugural DMS Boston will take place in June 2020, and will focus on topics of interest to buy-side practitioners.

GUIDE

Regulatory Data Handbook 2021/2022 – Ninth Edition

Welcome to the ninth edition of A-Team Group’s Regulatory Data Handbook, a publication dedicated to helping you gain a full understanding of regulations related to your organisation from the details of requirements to best practice implementation. This edition of the handbook includes a focus on regulations being rolled out to bring order and standardisation to...