AxiomSL launches SEC compliant solution
AxiomSL has launched a new solution which computes haircuts in compliance with the Securities and Exchange Commission regulatory capital and regulatory reporting rules for securities broker dealers.
AxiomSL says it's solution enables securities broker dealers to generate reports to meet compliance requirements.
“AxiomSL’s robust data-driven technology, with its pre-built and tested calculation engine, provides a flexible, transparent and auditable solution enabling securities broker dealers to meet evolving regulatory requirements and financial reporting,” said Alex Tsigutkin, CEO, AxiomSL.
“AxiomSL’s robust data-driven technology, with its pre-built and tested calculation engine, provides a flexible, transparent and auditable solution enabling securities broker dealers to meet evolving regulatory requirements and financial reporting,” said Alex Tsigutkin, CEO, AxiomSL.
The service provides a range of functions to empower respondents to meet the examination requirements of Rule 17a-5 while performing standardised capital computations including netting and optimisation of capital.
This includes determining the capital computation and referencing the applicable regulatory rule, identifying and defining data inputs required for each computation, and creating workflows to optimise capital haircuts with full traceability of data, rules, calculations and analysis.
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