AxiomSL Works with JWG to Improve Global Digital Regulatory Reporting

AxiomSL, a leading global provider of regulatory solutions in a SaaS environment, announced that it has collaborated with JWG, a leading market intelligence company, on global digital regulatory reporting initiatives.

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JWG was founded initially as a Joint Working Group (JWG) for MiFID I and has brought together industry leading vendors, regulators and financial institutions to work together to find practical solutions to complex regulatory challenges.

By working with JWG’s new reporting task force and the Global Derivatives Digital Regulatory Reporting Programme, AxiomSL will be collaborating directly with regulators, financial institutions and other software companies to create an open-source software that will reduce interpretation nuances and digitize complex financial regulatory rulebooks.

As a leader in risk and regulatory reporting automation, AxiomSL will bring its real-world expertise in data integration, development of standardized data dictionaries and rules-based reporting logic to this industry collaboration.

“JWG has played such a critical role in bringing the industry together to adopt practical standards to improve regulatory reporting. We are honored to be a part of this important pioneering initiative,” said Gaurav Chandra, Operations, Trade & Transaction Reporting Product Manager, AxiomSL.”Together, our efforts will foster automation, improve efficiency and drive greater accuracy in regulatory reporting.”