Boston, Massachusetts (PRWEB) September 29, 2014
Leading the way for shareholding disclosure automation, Solutions Atlantic announced another major client win today. After an in-depth product analysis that included a proof of concept, the investment management business of a global insurance firm selected the Regulatory Reporting System (‘RRS’) to manage the shareholding disclosure obligations for itself and its parent company.
“Our needs are very specific; global coverage, system flexibility to adapt to our corporate reporting structure, ability for self-management and control over rule introduction and customization, and having a vendor that understands our business and our evolving needs,” said the vice president of Legal and Compliance. ‘We found that, and more in the RRS product and the Solutions Atlantic team.”
With over 80 jurisdictions in its Rules Library, RRS is the market leading product for global shareholding disclosure reporting. RRS has been expanding its capabilities to meet changing regulatory requirements for over a decade and boasts some of the largest financial services firms as its customers.
“Given the complex needs of this customer, we’re happy to have been chosen as this highlights the depth and flexibility of RRS,” said Mitchell Greess, CEO of Solutions Atlantic. “This customer will fully utilize the capabilities of RRS and through their specific business requirements, enhance the system further.”
With the introduction of unified regulatory reporting across the European Union, more firms are finding the need to enlist the help of the RRS to stay in front of their shareholding disclosure reporting requirements.
About Solutions Atlantic: Solutions Atlantic is the market leading provider of large position disclosure solutions to the global financial services industry. For more than a decade, Solutions Atlantic has been at the forefront of global regulatory obligations as it pertains to large position and short selling disclosures. Solutions Atlantic is headquartered in Boston, MA.