April 24, 2013 - Deutsche Bank and AxiomSL have been named as joint winners of The Risk Analytics Management Award for the year 2012 during The Asian Banker Risk Games Conference. The winners received the award at the Asian Banker Summit 2013. The ceremony was held at Ritz Carlton Kuningan in Jakarta on April 24th 2013.

Deutsche Bank selected AxiomSL to implement a single source of data that caters to the bank's regional regulatory reporting and analytical needs in a timely, accurate and cost-effective manner, with sufficient controls in place for risk mitigation. The Automated Regulatory Reporting Tool programme has enabled Deutsche Bank to respond to the region's dynamic regulatory needs in a more agile manner.

AxiomSL's strategic solution has enabled Deutsche Bank to comply with multi-jurisdictional regulatory requirements while providing a scalable platform for transactional and operational data analytics. It was implemented in the timeframe and the budget approved by the Bank.

About 1000 delegates attended the event, consisting of industry specialists, senior bankers, regulators, service providers and decision makers from leading institutions in Asia, the US, Europe and Latin America, where opinions and responses of practitioners from across the region to global issues are shaped.

The awards programme, administered by the Asian Banker is Asia's most important annual risk event featuring leading practitioners from a cross-section of banks and global regulators on a number of critical areas affecting the banking industry.

A stringent three-month evaluation process based on a balanced and transparent scorecard had been used to determine the winners.