Sapient Global Markets CMRS℠ Named Best Regulatory Compliance Solution
May 25, 2017 – Boston, USA
Sapient Global Markets, a leading global provider of business technology and consulting services for the financial and commodity markets, today announced that CMRS℠ has been named the Best Regulatory Compliance Solution for Operations in the 2017 FTF News Technology Innovation Awards.
The awards, presented by Financial Technologies Forum and FTF News, recognize professionals, service providers, and regulators that have made noteworthy achievements in operational excellence throughout the previous twelve months. After being shortlisted by a panel of industry experts, Sapient Global Markets’ CMRS platform was voted by the FTF News readership as the ‘Best Regulatory Compliance Solution’.
“Year over year, the FTF Awards become increasingly competitive and this year was no exception. We received twice as many nominations and twice as many voters over 2016,” commented Maureen Lowe, Founder & President of FTF and FTF News. “This reaffirms our faith in an industry that is filled with impressive and dedicated people and companies who work tirelessly to move the industry forward with innovative and disruptive technology.”
CMRS is a regulatory reporting and assurance platform that manages reporting for trade, transaction, valuation and collateral data for multiple global regulations. CMRS allows firms to collate vast amounts of data from disparate systems, asset classes and geographies, and translate it into the destination message format, deliver it directly to regulators. The fully automated process minimizes risk and helps firms meet global regulatory obligations and perform the assurance function through a single platform that eliminates human errors by removing manual steps and, as a result, reduces total cost of ownership.
“Tackling the various global regulatory compliance challenges is increasingly complex and costly and so firms are now looking for new approaches to manage their reporting requirements,” added Arun Karur, vice president at Sapient Global Markets. “This award is further recognition of the tangible results we have delivered to our buy-side, sell-side and energy trading clients with the CMRS platform. We continue to develop CMRS to meet the reporting and reconciliation needs of firms of all sizes and across all major regulations as those rules emerge and evolve, to manage risk, and reduce complexity and operational costs.”
About Sapient Global Markets:
Sapient Global Markets, a part of the Publicis.Sapient digital transformation platform, is a leading provider of services to today’s evolving financial and commodity markets. We offer services and unique methodologies across business consulting, user experience, operations, program management, technology development and solutions. Fusing creativity, technology and industry expertise, we enable our clients to grow and enhance their businesses, create robust and transparent infrastructure, manage costs, and foster innovation to their customers and throughout their organizations. Sapient Global Markets operates in key financial and commodity centers worldwide, as well as in large technology development and operations outsourcing centers globally. For more information, visit www.sapientglobalmarkets.com.