SS&C Technologies Holdings, Inc. announced a strategic partnership with Regnology to help clients tackle upcoming regulatory requirements. SS&C Algorithmics will combine its risk calculations with Regnology's regulatory reports to help clients meet the European Banking Authority's Interest Rate in the Banking Book (IRRBB) reporting requirements. The deadline for implementation of the new Asset Liability Management (ALM) reporting is September 2024.

The partnership creates an extensible framework to support both regulatory and management needs for ALM IRRBB and Liquidity Risk regulations. The offering streamlines regulatory and risk management workflows, reduces operational complexities and enhances efficiency with an end-to-end cloud-enabled offering. The risk and reporting solution spans data input and powerful calculations to streamlined reporting workflows for report creation and submission.

Leveraging SS&C Algorithmics' risk calculations and more than 10,000 validation rules from Regnology enables the delivery of accurate and smooth regulatory reports. The joint solution addresses: Risk and regulatory reporting and management needs of EBA IRRBB-SA within Europe; End-to-end Liquidity Risk in North America; and ALM and Liquidity Risk capabilities in other global markets.