Published: 3 June 2021
Avantage Reply UK and ElysianNxt are pleased to announce that we have entered into a strategic partnership, bringing together Reply’s management and risk consulting expertise with ElysianNxt’s cutting edge risk technology.
London: ElysianNxt has expanded their relationship with Reply, inking a strategic partnership with Avantage Reply UK, the group’s management and risk consulting business.
Working with Reply in France, ElysianNxt has already delivered significant value to Reply's clients with the successful implementation of CRR2 credit risk, liquidity risk and interest rate risk requirements.
This new partnership will enable Avantage Reply clients to access the market leading technology of ElysianNxt to tackle their risk and regulatory challenges strategically and effectively.
“As we continue to build our strong footprint in EMEA and across the globe, ElysianNxt is proud to partner with Avantage Reply in the UK,” said Matthias Coessens, Managing Director EMEA at ElysianNxt. He continues, “streaming technology is changing the world of Risk and Finance significantly. With more than 450 consultants focused on delivering innovative risk solutions to their clients, Avantage Reply is the ideal partner to guide our clients on their digital journey moving away from the traditional batch driven platforms.“
“Following our successful cooperation in France, we are delighted to extend the Reply relationship with ElysianNxt in the UK”, said Vishwas Khanna, Partner, Avantage Reply. “ElysianNxt represents a significant addition to our ecosystem of partnerships and alliances. We believe that ElysianNxt’s risk technology capabilities significantly complement our deep expertise in the risk and management consulting space and will enable both firms to deliver business impact and value to our clients.”
About Avantage Reply
Avantage Reply, part of the Reply Group, specialises in Financial Services consulting with a focus on Risk Transformations, Treasury and Capital, Quantitative Modelling and Regulatory Advisory. With offices across Europe, Avantage Reply counts some of the world’s most significant financial groups among its clients, including in Investment, Retail and Commercial Banking, Custodian Banking, Insurance and Investment Management. www.reply.com/avantage-reply/en/
About ElysianNxt
ElysianNxt is a Belgian-Thai RegTech company focused on providing the best real-time Risk and Finance solutions. By using cutting edge technology, it enables financial firms to respond in a faster and more cost-effective manner to business, economic and regulatory changes. ElysianNxt has offices in Brussels, London, Bangkok and Jakarta. www.elysiannxt.com
About us
ElysianNxt is a fast-growing RegTech company focused on developing the most technologically advanced, user-friendly, real-time Risk and Finance solutions. Comprised by seasoned industry veterans and subject matter experts, the company was established to provide an alternative solution to the traditional, outdated, monolithic applications that the financial industry is accustomed to in their quest to automate their back-end financial calculation obligations.
Contact Information
BELGIUM
Cantersteen 47, 1000 Brussels, Belgium
+32 2 896 58 71
THAILAND
29/1 Piya Place Building, Tower B, 11th Floor Unit 11E, Langsuan, Ploenchit Road, Lumpini, Pathumwan, Bangkok 10330, Thailand
+66 2 255 2281
Contact Information
INDONESIA
Equity Tower, 49th Fl., Unit B, C, F Jl. Jendral Sudirman Kav. 52-53, SCBD District Centre, Jakarta Selatan 12190, Indonesia
+62 21 2965 1260