PNC Financial Services automates reg reporting with AxiomSL
AxiomSL is implementing its flagship regulatory reporting platform at US-based PNC Financial Services.
PNC, one of the largest banks in the US, will use the solution for its reg reporting needs in the domestic market, plus Canada and the Bahamas.
Alex Tsigutkin, CEO at AxiomSL, says the vendor is “proud to have been chosen by PNC”.
PNC is the country’s fifth largest bank (total branches), sixth largest by deposits and ninth largest by total assets ($358 billion). Its HQ is based in Pittsburg. The group has 52,500 people on the payroll.
AxiomSL has a broad geographical spread of clients using its regulatory reporting and risk management software, including JP Morgan Chase, Bancolombia, Julius Baer and Bank of China.