Abide Financial is delighted to have been awarded Best Managed/Support Services Provider in the 2016 Operational Risk Awards! It is an honour to be acknowledged for our regulatory reporting expertise and regulatory reporting service by Operational Risk.
London-based Abide Financial, winner of the Operational Risk Managed Services Award, offers an end-to-end regulatory reporting service that combines a multi-regime transaction-processing hub with advisory support to help keep clients abreast of the changing regulatory reporting landscape.” – OpRisk
The firm has taken 24% MiFID market share from other vendors and positioned itself as the 3rd largest manager of EMIR trade reports in the market. In February 2016, Abide Financial processed 90m MiFID transactions and 110m EMIR trade reports.
The companys specialist focus on trade and transaction reporting solutions has enabled it to achieve significant disruptive growth in a relatively short period. Its growing reputation as a regulatory reporting market leader can be attributed to the ability of its expert consultants, professional advisers and service delivery teams to anticipate and interpret new regulatory obligations, analysing their impact on different client segments and responding with reliable and cost-effective solutions.
Given the growing pressures on in-house operational resources, many firms choose to partner with a specialist provider with the knowledge and focus to manage specific aspects of operational change, mitigate associated risk and assure regulatory compliance.