About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

GoldenSource Integrates Trax ARM and APA Reporting Services

Subscribe to our newsletter

GoldenSource has extended its support for compliance with Markets in Financial Instruments Directive II (MiFID II) by integrating its enterprise data management platform with Approved Reporting Mechanism (ARM) and Approved Publication Arrangement (APA) services from Trax.

The integration can be scaled to meet other regulatory reporting requirements such as Securities Financing Transactions Regulation (SFTR), which is expected to come into play in 2019 or 2020 and includes a number of new rules for market participants, including a requirement to report all SFTs to a registered trade repository.

The integration with ARM and APA services provided by Trax, the post-trade services and European market data division of MarketAxess, was developed in Q3 and Q4 of 2017, ahead of MiFID II go-live in January 2018. It gives firms that manage MiFID II reporting data through GoldenSource the option for the data to be automatically submitted to the Trax ARM or APA, helping ensure efficiency and reporting accuracy.

Volker Lainer, vice president of product management at GoldenSource, says: “What we are offering is a single way for market participants to meet their MiFID II reporting requirements in an efficient and consistent manner.”

Nick Moss, head of product management at Trax, adds: “Leveraging integrated solutions, such as the link between Trax and GoldenSource, can help firms streamline operational processes and gain greater control of reporting integrity.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Sponsored by FundGuard: NAV Resilience Under DORA, A Year of Lessons Learned

The EU’s Digital Operational Resilience Act (DORA) came into force a year ago, and is reshaping how asset managers, asset owners and fund service providers think about operational risk. While DORA’s focus is squarely on ICT resilience and third-party dependencies, its implications extend deep into core operational processes that are critical to market integrity, investor...

BLOG

FinCEN Issues New Guidance on SARs : Less Box-Ticking, More Signal

The Financial Crimes Enforcement Network (FinCEN), together with the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), National Credit Union Administration (NCUA), and the Office of the Comptroller of the Currency (OCC), recently issued new guidance clarifying how financial institutions should approach the filing of Suspicious Activity Reports (SARs), see Frequently Asked Questions Regarding Suspicious Activity...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Regulatory Data Handbook – Fifth Edition

In response to the popularity of the A-Team Regulatory Data Handbook, we have published a fifth edition outlining the essentials of regulations that are likely to have an impact on data and data management at your organisation. New to this edition is a section on RegTech, covering drivers behind the development of innovative regulatory technology,...