Tag: Pre & post trade reporting

The pre- and post-trade solutions business of inter-dealer broker ICAP has revamped its post-trade cross-asset allocation, matching and confirmation service for both buy- and sell-side firms.

The start of collateral and valuations reporting under the European market infrastructure regulation has been smoother than OTC and listed derivatives transaction reporting requirements introduced in February, according to industry experts.

With new reporting requirements for the European Market Infrastructure Regulation now in effect, technology vendors and service providers have more opportunities to offer solutions to clients.

Customers of the OTC trade reporting service BOAT have all moved to the system’s new owners Cinnober, the Swedish financial technology provider.

Buy-side firms across Europe must comply with new mandatory reporting requirements from today, providing information on the valuation of transactions and collateral posted for OTC and exchange-traded derivatives.

The International Organization of Securities Commissions has opened access to its information repository for central clearing requirements for OTC derivatives.

Traiana, Dion Global Solutions and Confisio Managed Services have pulled together to develop a trade reporting service for forthcoming collateral and valuation requirements.

Six of the largest global banks in conjunction with the Depository Trust & Clearing Corporation have launched Clarient Global, a new DTCC company that will operate a third-party centralised client data collection and validation utility that seeks to improve client onboarding and additional back-office processes.

A temporary legal entity identifier service provided by the Depository Trust & Clearing Corporation and interbank payments provider SWIFT has had its approval extended by regulators to ensure a smooth transition to a permanent system.

Regulators are set to clamp down on widespread trade reporting breaches across Europe as a six-month grace period since the rules were introduced expires, according to industry sources.