AxiomSL: Banks Stressed Over Reporting

Alexander Tsigutkin, CEO AxiomSL, shares his views on what were the main themes for banks in 2014 and the challenges for 2015.

The Basel Committee on Banking Supervision’s regulations for effective risk data aggregation and risk reporting, known as BCBS 239 and other regulations such as Basel III are challenging banks to come up with tighter reporting systems.

“The main theme for our financial clients in 2014 was multiple and changing reporting requirements which were made more challenging

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