Overview
- Nasdaq said Revolut has consolidated most European regulatory reporting on AxiomSL and recently completed integration of United Kingdom workflows.
- The platform is delivered as a managed cloud service, with Nasdaq maintaining the infrastructure and incorporating regulatory changes across countries.
- Revolut’s reporting data is centralized on a single system, reducing the need for separate country-specific frameworks and supporting data integrity for audits and reviews.
- Nasdaq states AxiomSL is used by 90% of global systemically important banks, and its broader technology supports 135+ market infrastructures, 35 central banks and regulators, and over 3,800 clients.
- Nasdaq frames the deployment as enabling rapid, scalable compliance for Revolut’s international growth, with media reports noting planned market entries in Mexico, Colombia, and Argentina that remain subject to regulatory approval.