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: Best practices for compliance with EU Market Abuse Regulation

EU Market Abuse Regulation (MAR) came into force in July 2016, rescinding the previous Market Abuse Directive and replacing it with a significantly extended scope of regulatory obligations. Eight years later, and amid constant change in capital markets regulation, technology and culture, financial institutions continue to struggle to stay on the right side of the...

BLOG

Commonwealth Bank of Australia Approved as LEI Validation Agent

The Commonwealth Bank of Australia (CBA) has become a Validation Agent in the Global Legal Entity Identifier System (GLEIS). It is the first agent in Australia and the second announced this month following the appointment of MNS Credit Management Group in Delhi, India. CBA’s approval as a Validation Agent comes ahead of a regulation update...

EVENT

Data Management Summit London

Now in its 14th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Entity Data Management Handbook – Fourth Edition

Welcome to the fourth edition of A-Team Group’s Entity Data Management Handbook sponsored by entity data specialist Bureau van Dijk, a Moody’s Analytics company. As entity data takes a central role in business strategies dedicated to making the customer experience markedly better, this handbook delves into the detail of everything you need to do to...