01:58 PM
BS&T Staff
BS&T Staff
Connect Directly

Axiom Software Expands Templates Subscription Services

Extended coverage enables financial institutions to more quickly adapt to regulatory changes.

Responding to the financial crisis and subsequent increasing regulatory scrutiny faced by the financial industry, Axiom Software Laboratories, a data, risk and financial management solutions provider, is extending its Templates Subscription Services to its entire client base.

According to Axiom SL, it is expanding its Template Subscription Service to cover forms, reporting structures and reporting intelligence to ensure timely delivery and integration of the changes mandated by regulatory agencies, providing clients with sufficient time to market. The New York-based firm noted in a release announcing the enhancement that it will continue to provide its clients the capability to generate any previous version of the reports and to run that against the same set of data -- a feature that the company said allows users to compare results of current and newly issued requirements from regulators.

Axiom's Templates Subscription Services are provided alongside ControllerView, Axiom's regulatory package to guarantee that users keep their reports up-to-date with new regulatory requirements across all reporting jurisdictions. According to the provider, the Axiom SL services team possesses a thorough understanding of clients' operations and how they can be impacted by new requirements, maintaining constant communication with regulators and monitoring upcoming changes to ensure clients remain compliant.

"We are happy to provide our existing and future clients with a service that eases the burden of a constantly changing regulatory environment," said Alex Tsigutkin, Axiom SL's CEO, in the release. "The Templates Subscription Services coupled with the flexibility, accuracy and performance of our technology empower our user community with the most advanced solution to achieve transparency in financial reporting."

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology
BS&T's 2014 Elite 8 executives are leading their banks to success, whether it involves leveraging the cloud, modernizing core systems, or transforming into digital enterprises.
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.