Credit risk

Adenza’s AxiomSL to automate AIB’s credit risk calculations and regulatory reporting

Adenza’s centralized and highly scalable AxiomSL approach to standard and advanced credit risk calculations enables AIB to meet risk calculations and reporting requirements.

— Jim Smyth, Regulatory Reporting Manager, AIB

LONDON, UNITED KINGDOM, Feb. 17, 2022 / — Adenza, the new company formed from the merger of Calypso Technology and AxiomSL to provide clients with end-to-end trading, treasury, money management Risk and Regulatory Compliance, announces that it has been selected by Allied Irish Banks, plc (AIB) to support the bank’s credit risk, securitization, leverage ratio and large exposure risk reporting in Europe and the UK.

Adenza’s AxiomSL risk solutions, which are used by the majority of global systemically important banks (G-SIBs), provide a consistent and automated approach to capital and credit calculations, data management and reporting. ‘to analyse. Leveraging a common data dictionary that harmonizes the complexities of multi-jurisdictional reporting requirements, national discretions and agency-specific discrepancies, the solutions enable banks to manage a wide range of global regulatory risk requirements. . These include global and cross-regional compliance with rules developed by the Basel Committee on Banking Supervision (BCBS), such as the internal ratings-based approaches (IRB) and the standardized approach for counterparty risk ( SA-CCR).

“Adenza’s AxiomSL’s centralized and highly scalable approach to standard and advanced credit risk calculations enables AIB to meet risk calculations and reporting requirements without the need to reinvent and rebuild new technologies every regulatory obligations change,” said Jim Smyth, Head of Regulatory Reporting, AIB. “We felt it was important to work with a company that could deliver powerful reporting solutions across the regulatory reporting suite for today and in the future.”

Adenza’s AxiomSL risk calculation solutions have enabled AIB to improve efficiency and minimize overhead while ensuring traceability of all complex calculations. Adenza’s risk calculation engine is part of the AxiomSL ControllerView® data integrity, data lineage and control platform, which allows institutions to ingest results from external models, add source data and transform disparate data points into a data dictionary based on Basel that supports advanced regulatory calculations, reporting and submissions from a single source. This approach allows users to address multi-jurisdictional regulatory calculations and reporting requirements with a consistent, data-driven process that makes it easier to explain changes in risk exposure and also helps identify what caused those changes. and where they occurred.

“Banks must not only produce venture capital reporting results, but also be able to show a clear audit trail,” said Ed Probst, head of Strategy Regulatory Solutions Adenza. “Our data dictionary-based approach to credit risk enables AIB and other large banks to automate risk calculations, drawing on data from across the institution, without compromising auditability.”

For more information on Adenza’s AxiomSL risk and regulatory reporting solutions, please visit

About AIB

AIB is a financial services group headquartered in Ireland. Its main business activities are personal, business and corporate banking, as well as mobile payments and card acquiring. The bank is committed to supporting the transition to a low carbon economy and supporting sustainable communities.

About Adenza

Adenza provides its clients with end-to-end trading, treasury, risk management and regulatory compliance platforms that can be delivered on-premises or in the cloud. Adenza enables financial institutions to consolidate and streamline their operations with comprehensive integrated data management and reporting solutions, benefiting from a single source of truth across the enterprise.
Headquartered in London and New York, Adenza has over 60,000 users at the world’s largest financial institutions, spanning global and regional banks, brokers, insurers, asset managers, pension funds , hedge funds, central banks, exchanges and clearing houses, securities service providers and companies.

John Roderick
J.Roderick, Inc.
+1 631-584-2200
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