MEA | MEA Business Awards 2024 14 Jul23190 Oct24262 Regulatory Reporting Provider of the Year 2024 – EMEA An industry-leading regulatory technology firm, Cyprus’ A.E. Prognosys Solutions Limited benefits the financial services industry of the EMEA region immeasurably by helping it to simplify and streamline regulatory reports, particularly concerning the likes of compliance, risk, and tax. These best-in-class solutions see clients hit their targets faster whilst also improving both the quality and consistency of their outputs, demonstrating the reasons for the firm having netted itself this well-deserved award. Operating at the intersection of technology, regulation, and compliance since 2004, A.E. Prognosys Solutions goes above and beyond the requirements of a third-party vendor, instead serving as an extension of its clients’ regulatory reporting or IT teams. This is something that the firm prides itself on, and it is achieved as a result of the business embodying such values as proactivity, professionalism, knowledge, and quality at every turn – underpinning these with a relentless clientcentric approach. For Managing Director Elias Afxentiou and his team, the tremendous success that A.E. Prognosys Solutions continues to experience in today’s dynamic technology landscape is a direct result of the honesty and trust it fosters. It may not be the biggest or the most technologically advanced, but the encompassing client knowledge it has and the trust this brings more than make up for it. Doing everything within its power to exceed expectations, the company has secured a string of satisfied clients across the EMEA region. “When our competitors work on a project, they try to meet the client’s requirements as their measure of success. When A.E. Prognosys Solutions works on a project, the client’s requirements are merely the baseline we set, and our goal is to exceed it by as much as possible within the project’s constraints.” Simply put, the sustained realisation of this impressive feat is down to the team at the centre of A.E. Prognosys Solutions, as well as the business’ ‘family’ culture. People enjoy working here, but this is not to say that they are not entirely focused on the tasks at hand, including meeting both the company’s deadlines and those of its clients. With this team and culture in tow, the business is able to maintain the highest standards when it comes to product and service quality, all whilst leaving enough time for an end-of-the-week get-together. Exploring the multifaceted impact this team have on the business, clients are not only drawn to the firm as a result of its client-first ethos, they also flock to its services as a result of this team’s commitment to constantly improve them, through a meticulous process of learning and adapting. From the dedicated analysts who closely follow regulatory reporting trends to the technology-focused individuals who experiment with new equipment, this is an operation that always looks to the future – so that it may continue to deliver maximum value. This forward-thinking philosophy has been on full display over the past few years in particular, with the firm implementing an internal and external restructuring so that it may pioneer in new markets. Strategic partnerships are also a big part of this. Be it strong links with Beirut’s Fusion Compliance Technologies in the Middle East or Athens’ Infonet Systems Integration in Central or Eastern Europe, these relationships are helping to see this award-winning company – and its clients – through seemingly endless industry changes. As Elias himself puts it: “The only constant in our industry is continuous change.” This is especially true when it comes to regulation, with Elias explaining to us that the sector has been inundated with regulatory changes in recent memory, with even more set to come in 2025. Although these shifts bring with them their fair share of challenges, they also set the wheels in motion for exciting new developments, and solutions to many of these issues are already being worked on by Elias and co. as we take our first steps into 2025. “Overall, the execution of our expansion plans over the past few years have started materialising and we are now very well positioned and growing steadily,” says Elias in closing. “We believe that 2025 will be a year of reconciliation and stabilisation before we start planning our next moves.” Whatever these next moves may be, we wish A.E. Prognosys Solutions Limited all the best and recognise its continuing distinction in this sphere by crowning it as the Regulatory Reporting Provider of the Year 2024 – EMEA. Company: A.E. Prognosys Solutions Limited Web Address: https://www.prognosys.com.cy/
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