Brussels, 24 April 2025 – ElysianNxt, a Belgium-based software company specializing in next-generation data management, risk, and finance solutions, has joined forces with Aguilonius, a European leader in regulatory reporting software. This collaboration aims to enhance and expand the end-to-end regulatory reporting landscape for financial institutions.

Regulatory reporting has long been a complex and time-intensive process, with financial institutions facing challenges in data integration, formatting, and compliance with evolving regulations. Current reporting practices often require institutions to provide data in rigid formats while ensuring full traceability in line with BCBS 239 principles.

By integrating the strengths of both platforms, this partnership enables financial institutions to seamlessly ingest, cleanse, interpret, and report data in their own terminology, eliminating the need for constant updates to ETL (Extract, Transform, Load) processes when new regulations take effect.

With ElysianNxt’s Data.NXT component, data flows in its original format, undergoing built-in quality controls and allowing users to make auditable adjustments. Clients can also activate risk calculators to supplement their data with transparent regulatory calculations. Additionally, Reg.NXT provides standard connectors to Aguilonius’ data dictionaries, ensuring full data lineage and drill-back capabilities to client source systems. Aguilonius brings in-depth knowledge of XBRL standards and validation rules enforced by the relevant authorities.

Through this strategic collaboration, ElysianNxt and Aguilonius are delivering a fully transparent, BCBS 239-compliant regulatory reporting platform, setting a new benchmark for efficiency and compliance in the financial sector.

Driving Innovation in Regulatory Reporting Together

“With increasing regulatory scrutiny and the need for real-time data accuracy, financial institutions require a more agile and connected reporting ecosystem,” said Derek De Brandt, CEO at Aguilonius. “By leveraging ElysianNxt’s Reg.NXT’s standard connectors, we empower our clients with a frictionless experience, transforming the way financial institutions handle regulatory submissions.”

“This partnership marks an important step for ElysianNxt” said Matthias Coessens, Managing Director EMEA at ElysianNxt. “Our relationship with Aguilonius grew organically due to the needs of shared clients. I knew our products had a very compatible offering, but after working together with Aguilonius it only made sense to further extend our collaboration and product capabilities. By combining both platforms and expertise, financial institutions can truly benefit from two best-of-breed solutions, seamlessly working together through our standard connector. As of now, we ensure BCBS 239 compliancy within the risk and finance departments.”

For media inquiries or further information, please contact

Aguilonius’ Communications
bru@aguilonius.com

ElysianNxt’s Communications
marketing@elysiannxt.com