Natixis CIB implements Adenza’s regulatory solution for HKMA compliance

By Gloria Mathias

Adenza has announced that it has employed its AxiomSL ControllerView platform and regulatory solution for Natixis Corporate & Investment Banking (Natixis CIB).

Natixis Corporate & Investment Banking, the French financial services firm, implements AxiomSL ControllerView to automate Hong Kong Monetary Authority (HKMA) regulatory reporting.

This implementation not only reduces the bank’s monthly regulatory report-submission cycle by almost 30%, but it also enables it to leverage the platform’s data-management capabilities, automated reconciliation, dashboards, and data lineage for business efficiencies.

The regulatory reporting platform delivers transparency across fully automated processes from data ingestion to report submission, facilitating a range of complex calculation requirements on a single integrated platform. It also provides enhanced flexibility and a streamlined workflow, thus simplifying adjustments at the corporate as well as subsidiary level, a critical factor in expediting regulatory submissions.

The AxiomSL Regulatory Reporting solution fully automates the reporting process by integrating, managing, and reconciling volumes of disparate data and applying local regulatory rules with strict adherence to policy and comprehensive governance controls.

“We are pleased to have worked with Adenza on this important project. Their customer delivery team went the extra mile to ensure a smooth implementation, addressing everything from obtaining the necessary direction on resource and project planning to guidance on best practises,” said Thomas Puget, Chief Financial Officer, Asia Pacific, Natixis CIB.

Gabriel Lopes, Managing Director, Head of Customer Delivery, Adenza shared, “It was a privilege delivering for Natixis CIB, a truly global financial services firm. Collaborating with its team of professionals, experienced with the AxiomSL ControllerView platform, provided a foundation of trust and a synergy that yielded positive results. We look forward to exploring more opportunities together in the near future.”

Adenza provides customers with end-to-end trading, treasury, risk management, and regulatory compliance platforms which can be delivered on-premises or via the cloud. Adenza enables financial institutions to consolidate and streamline their operations with front-to-back solutions integrated with data management and reporting, benefiting from a single source of truth across the business.