Kaizen and LPA partner on transaction reporting assurance solutions
26 June 2024 UK, Germany
Image: Bro_Vector/stock.adobe.com
German capital market technology and advisory firm, Lucht Probst Associates (LPA), and Kaizen have partnered to offer a range of compliance solutions to international clients.
Through the partnership, the firms aim to provide their clients with independent transaction reporting assessments and regulatory reconciliations solutions.
Kaizen’s ReportShield Accuracy Testing is an automated, managed solution that tests the quality of trade and transaction data.
In addition, the company offers an Advanced Regulatory Reconciliation service to provide clients with an assessment of the completeness of a firm’s regulatory reporting to identify under and over-reporting.
LPA offers a range of consulting services for banks, asset managers, and exchanges, with a focus on capital markets.
Commenting on the announcement, Jean-Marie Mamodesen, managing director, head of European sales at Kaizen, says: “LPA has a strong reputation in Germany and we are delighted to be working with them. By bringing the skillset and expertise of the two companies together we are able to provide solutions that ensure that the data which firms are reporting to the regulators is of the highest quality.”
Hans Joachim Lefeld, senior partner and head of transaction reporting at LPA, adds: “By joining forces with Kaizen we extend our ecosystem and will be able to better serve our clients and help them navigate the complexity of the global regulatory reporting landscape.”
Through the partnership, the firms aim to provide their clients with independent transaction reporting assessments and regulatory reconciliations solutions.
Kaizen’s ReportShield Accuracy Testing is an automated, managed solution that tests the quality of trade and transaction data.
In addition, the company offers an Advanced Regulatory Reconciliation service to provide clients with an assessment of the completeness of a firm’s regulatory reporting to identify under and over-reporting.
LPA offers a range of consulting services for banks, asset managers, and exchanges, with a focus on capital markets.
Commenting on the announcement, Jean-Marie Mamodesen, managing director, head of European sales at Kaizen, says: “LPA has a strong reputation in Germany and we are delighted to be working with them. By bringing the skillset and expertise of the two companies together we are able to provide solutions that ensure that the data which firms are reporting to the regulators is of the highest quality.”
Hans Joachim Lefeld, senior partner and head of transaction reporting at LPA, adds: “By joining forces with Kaizen we extend our ecosystem and will be able to better serve our clients and help them navigate the complexity of the global regulatory reporting landscape.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times