Adenza’s AxiomSL Basel Liquidity Management Solution Wins Top Honors at Regulation Asia Awards for Excellence
Fully transparent, data-native platform supports seamless compliance with Basel IV requirements for managing and monitoring liquidity and capital risks
— Brad Maclean, co-founder of Regulation Asia
SINGAPORE, Jan. 25, 2022 /EINPresswire.com/ — Adenza, the new company formed from the merger of Calypso Technology and AxiomSL to provide clients with end-to-end trading, treasury, risk management and compliance platforms today announced that its Basel liquidity risk management solution has been named Best Solution: Institutional Resilience and Integrity – Capital/Liquidity Modeling and Stress Testing at the 2021 Regulation Asia Awards for Excellence. , now in its fourth year, celebrates the continued excellence of service institutions, market infrastructures, technology companies and service providers across the region that ensure the highest compliance standards are met despite a ever-changing and increasingly complex regulatory landscape.
Recognized for its comprehensive, single-platform approach, Adenza’s AxiomSL Basel liquidity risk management solution has been praised for its flexible and transparent stress testing and risk modeling capabilities. The solution, which supports the liquidity risk management calculation of oversight ratios introduced as part of Basel IV – including the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) – allows clients to automatically integrate original data from disparate sources, model risk, perform regulatory calculations, visualize information on dynamic dashboards, generate and submit reports.
“Basel IV and developing ESG reporting requirements require financial institutions to access more detailed information, at a higher frequency, with a higher level of accuracy and auditability than ever before. By offering a fully modular end-to-end solution, we are well positioned in the market,” said Ed Probst, Chief Strategy Officer, Regulatory Solutions, Adenza. “What really differentiates our solution is the ability to not only capture standardized regulatory processes, but also support internal risk model management, stress testing and scenario management from a single source of data, and with the rigor of a regulatory production process.”
Adenza’s AxiomSL Basel liquidity risk management solution is delivered through the ControllerView® data integrity and control platform. The solution automatically populates and validates the required reports for all aspects of NSFR and LCR.
“As liquidity modeling and reporting requirements continue to demand more resources from financial institutions, the innovators recognized in our Excellence Awards program prove that it is possible to future-proof an organization against the tide. constant regulatory change,” said Brad Maclean, co-founder of Regulation Asia. “Congratulations to Adenza for continuing to drive breakthrough innovation in this critical area.”
The Regulation Asia Awards for Excellence 2021 were awarded on December 9, 2021. For more information on the Basel Liquidity Risk Management solution, please click here.
About Adenza
Adenza provides its clients with end-to-end trading, treasury, risk management and regulatory compliance platforms that can be delivered on-premises or in the cloud. Adenza enables financial institutions to consolidate and streamline their operations with comprehensive integrated data management and reporting solutions, benefiting from a single source of truth across the enterprise.
Headquartered in London and New York, Adenza has over 60,000 users at the world’s largest financial institutions, spanning global and regional banks, brokers, insurers, asset managers, pension funds , hedge funds, central banks, exchanges and clearing houses, securities service providers and companies.
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