London, 18 June 2021 – Leading regulatory technology firm, Kaizen Reporting has won ‘Best Regulatory Reporting Initiative’ at the WatersTechnology Asia Awards 2021 for its ReportShield Accuracy Testing service.
The WatersTechnology Asia Awards recognise excellence in the deployment and management of financial information and technology within Asia’s capital markets community. The awards were judged by WatersTechnology’s four senior editors, including Anthony Malakian, editor-in-chief, and Victor Anderson, global content director.
Kaizen’s Accuracy Testing is part of the company’s ReportShield™ suite of services, which help financial firms meet their reporting obligations and effectively manage their regulatory risk. The service is tailored for global reporting regimes including MAS, ASIC, MiFID II, EMIR, Dodd-Frank, SFTR and FinfraG. Kaizen’s Accuracy Testing is unique in being able to fully assess the quality of the data that firms report to the regulator.
“Providing a high standard in management and deployment of financial data and technology has never been more important,” said Victor Anderson, global content director of WatersTechnology. “Kaizen Reporting stood out as the clear winner in the Best Regulatory Reporting Initiative category for its Accuracy Testing service, designed to help firms report their data accurately, and in doing so, fulfil their global regulatory reporting responsibilities.”
Dario Crispini, CEO of Kaizen, commented: “We are honoured to have won ‘Best Regulatory Reporting Initiative’ at this year’s WatersTechnology Asia Awards. Asia-based regulators expect the highest quality in the data they receive and at Kaizen we continue to provide our clients with the services and solutions that enable them to manage the complexities of today’s global regulations. As we continue to expand in the region we look forward to helping the industry with the quality and accuracy of the trade and transaction data it provides to the regulators.”
Over the past year Kaizen has expanded its suite of services outside of reporting assurance. In Q3, Kaizen launched its Shareholding Disclosure Service which provides an automated shareholding monitoring and reporting solution to financial institutions who are exposed to disclosure requirements. In Q4, Kaizen acquired Single Rulebook and in doing so now provides a solution that lets firms search, share and manage the multitude of complex regulatory rules on a single digital platform.
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