Email Contact Phone Company Visit Website

New York Head Office

45 Broadway
New York
NY
US

United Kingdom Office

125 London Wall
London
GB

Brazil Office

Av Brigadeiro Faria Lima, 4055
São Paulo
Itaim Bibi
BR

Greater China Office

40 Bonham Strand
Sheung Wan
HK

Japan Office

8th Floor Shin Kokusai Building3-4-1 Marunouchi
Tokyo
Chiyoda-ku
JP

Singapore Office

14 Robinson Road#10-01 Far East Finance BuildingSingapore 048545
Singapore
SG

Hong Kong Office

10/F, Central Building,1-3 Pedder Street, Central,Hong Kong
Central
HK

Germany Office

Zeil 127, 4th Floor
Frankfurt-am-Main
DE

Netherlands Office

Gustav Mahlerplein 109-115,25th floor
Amsterdam
NL

Luxembourg Office

41 Avenue de la GareL-1611 Luxembourg
Luxembourg
LU

Canada Office

130 King Street West (Exchange Tower)
Toronto
CA

Colombia Office

Carrera 43A # 5A – 113, El PobladoOne Plaza Business Center
Medellin
Torre Sur
CO

Mexico Office

Avenida Javier Barrios Sierra 495,Park Plaza III,Wework Piso 2 Oficina 02-136
Santa Fe
MX

Australia Office

Level 24, Three International Towers300 Barangaroo Ave.
Sydney
AU

Dubai Office

Office 56, Level 15.The Gate Building,Dubai International Financial Centre
Dubai
AE

France Office

27 Avenue de l’Opéra
Paris
FR

Telephone

+1 415-530-4000

Contact

Herve de Laforcade
[email protected]
Back to all AxiomSL announcements

Trafigura PTE Ltd chooses AxiomSL as its global trade and transaction reporting provider

AxiomSL, the global provider of regulatory reporting and risk management solutions announced today that Trafigura PTE Ltd, a leading commodity trading firm, will begin using AxiomSL’s platform for its global trade and transaction reporting. Trafigura has offices in thirty-six countries on six continents and has built world-class business by advancing trade – reliably, efficiently and responsibly.

Trafigura PTE Ltd will roll-out AxiomSL’s solution across a multitude of trade and transaction reporting regimes, including Dodd-Frank, MAS, REMIT and EMIR as well as submitting to multiple TRs, SDRs, RRMs, etc. It is becoming progressively difficult to keep on top of the ever-evolving regulations, such as EMIR phase II which comes in to effect on November 1 this year, meaning that firms such as Trafigura PTE Ltd are seeking a more strategic and holistic approach to trade and transaction reporting.

In addition to the global trade and transaction reporting requirements, AxiomSL will be delivering threshold monitoring checks, such as Clearing Threshold Calculations for non-financial counterparties under EMIR and De Minimis Threshold, which will form part of the overall solution for Trafigura PTE Ltd.

AxiomSL’s solution enables firms to not only meet their reporting obligations, but also manage risk exposure across all business functions more transparently. The platform provides flexibility in regulatory calculations and reporting whilst simultaneously integrating seamlessly with existing infrastructure. Key factors such as aggregation, enrichment, validation, granularity and processing large amounts of data were some of the main considerations for Trafigura PTE Ltd when seeking their long-term strategic regulatory provider.

Commenting on the implementation of the platform, Ed Royan, Chief Executive, AxiomSL, EMEA said, “We are extremely pleased to begin this relationship as the firm’s regulatory provider. As we continue to expand in to the energy and commodities sector, we look forward to developing a great connection with Trafigura. We are certain that AxiomSL’s data and process platform will give Trafigura the best means of ensuring that they meet all their global requirements in a timely and efficient manner”.

“Being responsible for the group’s P&L means that the decisions I make have to be the right ones. AxiomSL’s platform will provide Trafigura PTE Ltd with, what we believe is, the best system available to make the unforgiving regulatory process most efficient”, said Mike Wainwright, Chief Operating Officer and Trafigura Management Board member. “AxiomSL was the only vendor that was able to provide all of our trade and transaction reporting needs, and we look forward to the partnership ahead of us.”

Trafigura is a leading global commodity trading firm. We access, develop, service and sustain international commodity markets on behalf of producers and end-users. We focus energy and resources on activities that make trade work better. We invest in high-quality infrastructure and build innovative, end-to-end services that bridge the gap between buyers and sellers more effectively. Our activities help to create more efficient markets, reducing long-term costs for participants.

AxiomSL is the global leader in regulatory reporting and risk management solutions for the financial industry, including banks, broker dealers, asset managers and insurance companies. Its unique enterprise data management (EDM) platform delivers data lineage, risk aggregation, analytics, workflow automation, validation and audit functionality.

AxiomSL’s platform supports compliance with a wide range of global and local regulations, including Basel III capital and liquidity requirements, the Dodd-Frank Act, FATCA, AEI (CRS), EMIR, COREP/FINREP, CCAR, FDSF, BCBS 239, Solvency II, AIFMD, IFRS 9, MAS, ASIC, REMIT, SFTR, central bank disclosures, and both market and credit risk management requirements. The enterprise-wide approach offered by AxiomSL enables clients to leverage their existing data and risk management infrastructure, and reduces implementation costs, time to market and complexity.

AxiomSL was awarded The Asian Banker’s 2016 “Best Compliance Risk Technology Implementation of the Year” as well as “Best Implementation at a Sell-side Firm” in the 2016 Sell-side Technology Awards. It was voted Best Reporting System Provider in the 2015 Waters Rankings and was highlighted as a ‘category leader’ by Chartis Research in its 2015 Sell-side Risk Management Technology report. The company’s work has also been recognized through a number of other accolades, including success in the Best Reporting Initiative category of the American Financial Technology Awards and in the Customer Satisfaction section of the Chartis RiskTech100 rankings.