Deutsche Bank Adds AxiomSL's Regulatory Solution

Deutsche Bank has selected AxiomSL’s regulatory reporting platform and capital calculations solution in the U.S.

The selection extends the relationship between the firms, as Deutsche Bank previously selected AxiomSL’s technology in APAC.

The solution consolidates data across a full range of regulatory reports, enabling banks to streamline reporting processes and achieve greater transparency. Specifically for the U.S., the reporting templates enable financial institutions to comply with the Comprehensive Capital and Analysis Review (CCAR).

“We are proud to continue serving Deutsche Bank and expand our relationship in the United States,” says Alex Tsigutkin, AxiomSL’s CEO. “Our strategic, data-driven solution, combined with the automation of reporting business logic, leverages our clients’ existing data structure to meet the industry challenges for new business process models, transparency in reporting and the flexibility to adapt swiftly to regulatory mandates.”