AxiomSL has partnered with Refinitiv to provide automatic data enrichment for clients.
The collaboration will see a combination of AxiomSL’s Global Shareholding Disclosures (GSD) solution with Refinitiv’s reference data, which includes issuer and class level shares, takeover panel data and voting rights.
The partnership is designed to aid financial institutions as they face three key challenges in current financial markets: balancing regulatory and reporting requirements, accessing reliable market data, and automating GSD reporting to meet daily monitoring requirements.
AxiomSL’s ControllerView platform also provides data services ranging from monitoring, automation and transparency, to allow market participants to efficiently comply with GSD requirements.
John Mason, head of pricing and reference data at Refinitiv, commented: “This partnership provides a simple solution by combining AxiomSL’s state of the art technology with Refinitiv’s comprehensive global data, enabling asset managers to quickly and easily assess their positions in different instruments.”
Ed Royan, general manager, Europe, the Middle East and Asia, AxiomSL, added: “We are pleased to partner with Refinitiv in addressing the challenges of data transparency requirements set out by regulatory authorities across the globe when rules differs from country to country.”
He continued: “This partnership unlocks many benefits from streamlining and automating complex rules to seamlessly ingesting and aggregating disparate data resulting in a rapid go-live process.”
