Case Study: Commerzbank streamlines SEC broker-dealer regulatory reporting with AxiomSL

Commerzbank Selects AxiomSL’s Strategic Platform for its SEC 15c3-1 and other Broker-Dealers Related Reporting

Commerzbank, Germany’s second-largest bank, needed a more efficient way to handle complex U.S. broker-dealer regulatory reporting requirements, including SEC 15c3-1, FOCUS, TIC, OBS, and other mandates. Like many firms, it was dealing with legacy systems and manual spreadsheets while regulatory demands were moving toward more near-real-time reporting and deeper data integration.

Commerzbank selected AxiomSL’s Strategic Platform to automate and centralize reporting on a single integrated system. AxiomSL’s solution connects to existing data sources without data conversion, provides drill-down transparency, and supports automated intra-day, daily, monthly, quarterly, and annual reporting; the result is greater scalability, performance, accuracy, control, and reduced complexity for multiple regulatory requirements.

Commerzbank