Trade & Transaction Reporting
Regime-agnostic, flexible, end-to-end cloud-enabled Trade and Transaction reporting
It has been a decade since G20 member states endorsed a plan to increase market transparency and facilitate global financial stability. With the advent of stringent regulations across a growing number of regimes, counterparties are facing the daunting task of collecting and validating trade and transaction data from disparate trading systems. The margin for error permitted by the trade repositories (TRs) and regulators is decreasing. Not only are requirements more complex, but in most cases, regimes frequently implement incremental updates, making keeping up-to-date with evolving regulations an additional challenge.
Given the significant changes occurring globally, firms require a sustainable process to handle the constantly evolving trade and transaction regulatory regimes. As a result, they seek a regime-agnostic approach supported by a technology driven, scalable solution that can handle expanding trade and transaction regulation requirements in a SaaS-enabled environment.
Our Solution
Current Regime and TR Coverage
- ASIC – DTCC
- Canada – DTCC
- DFA-CFTC – DTCC, CME SDR
- EMIR – DTCC
- FCA – DTCC
- FinfraG – REGIS TR
- HKMA – DTCC
- JFSA – +
- MAS – DTCC
- MiFIR APA – TRADEcho
- MiFIR ARM – Trax
- REMIT – Trayport
- SFTR – DTCC, IHS Markit, REGIS TR
Benefits for You
Regime agnostic
Delivers a regime-agnostic, non-siloed process for trade and transaction submission and exception management with configurable eligibility and reportability engines. The solution employs a comprehensive, extensible regulatory data dictionary that spans jurisdictional reporting regimes and TRs.
Flexible workflow and rules configuration
Provides out-of-the box configuration for trade attributes that are easily adaptable to jurisdictional requirements. Native visual business rules provide intuitive regulatory data and process management that includes automated eligibility and exception processes.
Dynamic data lineage
Delivers a unique end-to-end functionality that enables users to trace data from trade source to final reporting at the technical metadata level and by financial instrument across multiple asset classes. Such detail strongly supports monitoring/analysis and successful audit/examination defense.
Dashboards and auditability
Enables detailed review and management via a flexible and transparent user interface. The Exception Management dashboard details accepted reports and exceptions giving the trade’s exception reason. Users easily drill into a regime’s transactions for a closer look at eligible/reportable trades.
Automated and transparent
Handles end-to-end transaction reporting automatically, with full traceability and auditability. The solution identifies, enriches, and validates in-scope trades before submitting to relevant TRs. Its integrated connections and transmissions facilitate TR submissions – including delegated submissions.
