/Regulation & Compliance

News and resources on regulation, compliance, legal and governance for banks.

KRM22 forms partnership with deltaconX

Source: KRM22

KRM22 plc, (AIM: KRM) the technology and software investment company that focuses on risk management for capital markets, today announces that it has partnered with deltaconX, a provider of regulatory reporting services for European financial-, energy- and commodity trading organisations.

The deltaconX SaaS-based service, which will be available through KRM22’s Global Risk Platform, enables firms to meet regulatory reporting requirements including EMIR, FinfraG, SFTR, MiFIR and MiFID II, and REMIT. The application simplifies the reporting process through automation and dynamic error handling, minimising manual work and the likelihood of human error.

Saeed Patel, Director of Product Strategy at KRM22, commented: “With a rise in the number of enforcement actions and a plethora of progressively complex regimes to comply with, regulatory reporting is an increasingly important area of focus for our customers. This new partnership with deltaconX is complementary to the suite of regulatory risk applications which is currently available through our Global Risk Platform and will allow us to help firms reduce the complexity of complying with multiple regulatory reporting regimes.”

Fabian Klar, Director of Sales and Customer Relations at deltaconX, commented: “Our service is designed to simplify the regulatory reporting processes firms are required to follow to adhere with the large number of regimes across Europe. By making our service available through KRM22’s Global Risk Platform we hope to extend our reach in capital markets to support more market participants with our user friendly and state of the art multi-regulatory service.”

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