Specialist regulatory reporting firm TRAction Fintech has expanded its existing collaborative partnership with UnaVista, the regulatory reporting platform of the London Stock Exchange (LSE), in a bid to simplify MiFID II, EMIR and SFTR reporting for FX and CFD brokers. The alliance is designed to enable easier integration of trading platforms with regulatory reporting systems, so that compliance can be achieved more efficiently. Quinn Perrott, co-CEO of TRAction Fintech comments, “Having used multiple different trade repositories we have a variety of experience and consider that UnaVista are of the highest standard in the market for usability and customer service. They combine the backing and foundation of London Stock Exchange Group with the agility and hands on approach of a fintech start-up.”
A-Team Insight Briefs
The regulatory reporting obligations of financial institutions have mushroomed in scale over the past decade, leaving firms facing a raft of different requirements to provide increasingly granular metrics on their transaction, valuation and collateral data to a number of regulatory authorities. While many of these reports draw from the same core data set, the nuanced differences...
Market infrastructure giant The Depository Trust & Clearing Corporation (DTCC) has extended its collaboration with London-based technology consulting and managed services specialist Delta Capita to help firms meet their trade reporting requirements under SFTR, due to come into force in July after the first phase was delayed from its initial April start date due to...
Now in its 9th year, the Data Management Summit (DMS) in London explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.
High-profile and punitive penalties handed out to large financial institutions for non-compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations have catapulted entity data management up the business agenda. So, too, have industry and government reports on the staggering sums of money laundered on a global basis. Less apparent, but equally important, are...