AxiomSL Recognised as Category Leader in Chartis RiskTech Quadrant® for Sell-Side Risk Management Systems

New York, London, Singapore - 20 May 2015

AxiomSL, a leading provider of regulatory reporting and risk management solutions to the financial services industry, announced today its inclusion in the 2015 Chartis RiskTech Quadrant® as a Category Leader.

The increased complexity of today’s regulatory landscape has made risk management analytics and reporting a challenge for many financial institutions, as the need for greater integration across siloed risk management entities has become critical in addressing market dynamics and related regulatory pressures. As a result, firms are finding it increasingly difficult to deliver analytics for stress testing, Basel III, liquidity risk and other regulatory mandates in a timely, transparent and cost-effective manner. Through AxiomSL’s common data and computation platform, which can be integrated across the entire enterprise, firms are able to maximize their investment in risk management while also ensuring regulatory compliance with strict guidelines.

“We are proud to be recognized as a Category Leader by Chartis in its RiskTech Quadrant® for Sell-Side Risk Management Systems 2015,” said Alex Tsigutkin, CEO of AxiomSL. “The evolution of regulatory mandates alongside new standards related to risk management functions, data aggregation capabilities, risk governance and internal controls are causing banks to re-examine their tactical and strategic technology capabilities. Our robust common grid platform for data integration and computation provides data lineage, risk aggregation, workflow automation, validation and auditing functionality, as well as disclosures between risk and finance which achieve greater data accuracy and transparency. As a result, firms are able to deliver risk management analytics for stress testing, liquidity risk and collateral management across the entire enterprise.”

The Comprehensive Capital Analysis and Review (CCAR), Basel and other regulations are designed to help market supervisors to judge the capital strength of large banks in a variety of economic conditions. The traditionally siloed nature of bank operations has made the task of achieving a full enterprise-wide view particularly challenging.

AxiomSL’s position as a Category Leader in this year’s RiskTech Quadrant® for Sell-Side Risk Management Systems is attributed to its integrated data management and analytics capabilities, which support the enterprise-wide approach needed for risk management. AxiomSL’s risk management engine performs client-driven functions and processes in risk analytics that comply with both regulatory and client business requirements in relation to market, credit and liquidity risk. These same analytical functions and processes comply with new reporting requirements for fund managers, as well as institutional investors’ business needs, with ease and efficiency.

“High performance in sell-side risk management is only possible when data is available, reliable and comprehensive, and AxiomSL’s advanced offerings enable users to achieve this level of success,” said Peyman Mestchian, Managing Partner at Chartis. “Through its efficient integration of multiple data sources, AxiomSL’s solutions address a number of the key industry-wide challenges facing today’s financial institutions, including the need for automation of complex reporting business logic, data quality, governance and accountability within stringent timeframes.”

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