Arkk Solutions shortlisted as a finalist at the 2014 Financial World Innovation Awards

Arkk Solutions’ team excited to be shortlisted in the “Most Innovative Financial Services Solution” category for their XBRL COREP Reporting Engine.

LIGHTNING RELEASES (9/8/2014) – Over the past 16 years, the Financial World Innovation Awards (FWIA) have been recognised as one of the top events in the Financial Services sector, celebrating the year’s most innovative, creative and inspiring initiatives across the industry. Overcoming some stiff competition, Arkk Solutions have made it to the final 5 for this year’s “Most Innovative Financial Services Solution” Award. The winners will be announced on 27 November 2014 at an awards ceremony at the Grand Connaught Rooms in London, hosted by Gyles Brandreth.

The “Most Innovative Financial Services Solution” award recognises the most original financial services product that fulfils customer needs, while delivering improved user experience and internal efficiencies.

Arkk’s XBRL COREP Reporting Engine has proved to be one of the most popular regulatory reporting solutions in the UK and Republic of Ireland, appealing to users with its functionality and ease of use and implementation. In a market that is dominated by complex database management and financial reporting systems, Arkk Solutions have taken an innovative approach to provide a simple cloud based solution to a complex problem.

Andy Gent, Sales & Marketing Director at Arkk Solutions, said: “We flattered to be nominated for the most innovative financial services product of the year. The whole team worked hard to deliver a best-in-class solution for our customers consistent with our goal of improving traditional financial reporting processes and technology”.

The project has become one of Arkk’s key products and a valuable first entry to the regulatory reporting market, winning more than 300 new customers ranging from Blackrock, AXA, Rabobank and Schroders to small independent investment managers.

For more information about the Arkk Solutions, visit: http://ift.tt/1o7dPdr

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