Leading regulatory technology firm, Kaizen Reporting (Kaizen) today announced that its quality assurance service, ReportShield™, has been shortlisted in the ‘Best New Regulatory Reporting Product’ category by the FOW International Awards. Seen as highly prestigious in the derivatives world, the awards were established to recognise the best innovations in the market.
Combining regulatory expertise with data science, Kaizen’s ReportShield™ provides financial institutions with a set of controls that give full visibility of trade and transaction reporting quality. ReportShield’s quality assurance tools are unique in their ability to test all of a firm’s records, avoiding the shortcomings of other approaches which test only small data samples.
Dario Crispini, CEO of Kaizen, said: “Being shortlisted for this award reflects the whole team’s work and our motivation to be the standard setter in our field. Our aim has always been to help firms meet the complex regulatory reporting requirements our clients increasingly face, and we are pleased to have our work recognised by the industry.”
Kaizen has been at the forefront of regulatory reporting innovation since its inception in 2013. Last month it was chosen to join a small group of firms attending the exclusive FIA Innovators Pavilion. With a proven track record, Kaizen is increasingly engaged by global banks, brokers, asset managers and hedge funds for its high-quality regulatory reporting testing services.
The winners will be announced at the FOW International Awards Gala Dinner on 4 December in London. The full shortlist can be viewed here.