On 27 April 2017, NEX Abide Financial was awarded, Best Advisory Firm: Regulation & Compliance at the HFM Week European Hedge Fund Awards.

The awards commend firms serving the hedge fund sector that have demonstrated impressive customer and revenue growth, and have shown how new initiatives and compliance products have aided hedge funds over the past 12 months.

NEX Abide Financial was acknowledged for its expertise and innovation in providing clients with key regulatory advice.

A unique element of NEX Abide Financial service delivery is the upfront provision of expert consultancy to assess individual client reporting requirements within the context of relevant regulatory regimes. Using Abide’s expertise, clients are assured of getting reporting processes right first time and can be confident of remaining compliant even as rules are clarified and new reporting obligations emerge.

This latest award follows NEX Abide Financial winning, Best Reporting Platform/Service for the Sell Side at the Sell-Side Technology Awards 2017, held in New York on 6 April.

The judging panel selected the winner based on ability to ease the reporting burden for sell-side firms under regulations such as EMIR, MiFIR and the Dodd-Frank Act.

NEX Abide Financial combines faster on-boarding, specialist consultancy and support, agile technology and global regulatory end-point connectivity, to ensure clients stay fully compliant with multiple reporting regimes. The company is at the forefront of regulatory reporting innovation, currently responsible for over 20% of all MiFID reported trades and, over the past three years NEX Abide Financial has remained among the top three largest entities by total EMIR processed volumes. This reflects the trust clients have in our robust regulatory reporting solution.