AxiomSL adds Raymond James to customer list
Raymond James automates reporting with AxiomSL
AxiomSL, a regulatory reporting and risk management software vendor, has added financial services firm Raymond James to its customer list.
AxiomSL says it will “provide an array of broker dealer and bank holding company data aggregation and reporting solutions” to Florida-based Raymond James.
“The partnership grew out of a goal from Raymond James’ larger enterprise data strategy to automate the existing, largely manual processes and tactical functions which were straining under increasing regulatory reporting requirements,” the vendor explains.
AxiomSL’s solution will include Daily Net Capital (15c3-1) and Customer Reserve (15c3-3) calculations, along with TIC (Treasury International Capital) and Focus reports for the broker dealer.
Also, the bank holding company will be integrating several reports for the Federal Reserve’s FR Y-9C, Call reports, and Basel Risk-Weighted Asset (RWA) calculations.
AxiomSL’s other clients include Commerzbank in Germany, BMCE Bank International and Union Bank of India in the UK, Anadolubank in the Netherlands, and PNC Financial Services in the US.
