AxiomSL partners with GridCon
November 28, 2017

AxiomSL, a provider of regulatory reporting and risk management solutions, says it has entered a strategic partnership with German technical and regulatory support provider GridCon to leverage its German reporting know-how and extensive knowledge on data models for risk-free data migration and address the new client data transition demand in the market.

AxiomSL says it chose to partner with GridCon for German regulatory reporting in order to expand its footprint in the region through benefiting from GridCon's long term consultancy and extensive knowledge of the reporting obligations in Germany.

Regulatory reporting solutions in the German market are based on standard interfaces. The clients send their raw data according to the definition of these standard interfaces as csv, text or XML files. With this new partnership, GridCon's adaptor will take these standard interfaces and convert the delivered data into the AxiomSL input data models, such as FINSTAT. This will allow a seamless integration of the currently implemented interface to AxiomSL platform, which will require zero effort from the client side on interfaces-adaption.

AxiomSL says it will be able to fully replace new clients' existing regulatory reporting solutions via the adaptor provided by GridCon. This will enable an easy, seamless and efficient data transition over to AxiomSL's strategic platform, where the regulatory reports will be generated and submitted to the relevant authorities within short implementation timeframes.





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AxiomSL, a provider of regulatory reporting and risk management solutions, says it has entered a strategic partnership with German technical and regulatory support provider GridCon to leverage its German reporting know-how and extensive knowledge on data models for risk-free data migration and address the new client data transition demand in the market.

AxiomSL says it chose to partner with GridCon for German regulatory reporting in order to expand its footprint in the region through benefiting from GridCon's long term consultancy and extensive knowledge of the reporting obligations in Germany.

Regulatory reporting solutions in the German market are based on standard interfaces. The clients send their raw data according to the definition of these standard interfaces as csv, text or XML files. With this new partnership, GridCon's adaptor will take these standard interfaces and convert the delivered data into the AxiomSL input data models, such as FINSTAT. This will allow a seamless integration of the currently implemented interface to AxiomSL platform, which will require zero effort from the client side on interfaces-adaption.

AxiomSL says it will be able to fully replace new clients' existing regulatory reporting solutions via the adaptor provided by GridCon. This will enable an easy, seamless and efficient data transition over to AxiomSL's strategic platform, where the regulatory reports will be generated and submitted to the relevant authorities within short implementation timeframes.



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