The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Eze Software Extends Collaboration with NEX to MiFID II Trade Reporting

Eze Software has extended its Markets in Financial Instruments Directive II (MiFID II) reporting capability through collaboration with NEX Regulatory Reporting, an Approved Publication Arrangement (APA) under the regulation that meets client needs to publish pre- and post-trade data and reports as soon as possible after trade execution. The collaboration bolsters Eze Software’s MiFID II compliance solutions and adds to its existing relationship with NEX, which also acts as an Approved Reporting Mechanism (ARM) for transaction reporting under MiFID II.

Eze Software expects to expand its APA connectivity and trade reporting capability to three APAs in the short term. In terms of transaction reporting, it is already working with NEX to support 18 mutual clients that must produce standardised reports including the 65 transaction data points required by ESMA under MiFID II.

Bill Neuman, managing director, product and engineering at Eze Software, says: “In a post-MiFID II environment, we are focused on helping clients meet their regulatory requirements most efficiently. We’ve extended our collaboration with NEX Regulatory Reporting to cover trade reporting and will continue to grow our partner community to provide more reporting options that will work well within client workflows.”

Collin Coleman, head of NEX Regulatory Reporting, adds: “The collaboration means Eze clients can consolidate their trade and transaction reporting with one provider and benefit from operational efficiencies.”

Related content


Recorded Webinar: The UK’s New Prudential Regime for Investment Firms – Time to Prepare!

With the implementation of the new Investment Firms Prudential Regime (IFPR), the FCA is aiming to streamline and simplify the prudential requirements for solo-regulated investment firms in the UK. Under the new regime, all MiFID authorized, Collective Portfolio Management Investment Firms (i.e. UK UCITS ManCo and Alternative Investment Fund Management Firms permitted to undertake Additional Activities)...


SmartStream Adds AI to Reconciliation Platform

UK-based SmartStream Technologies has launched TLM Aurora Universal Data Control, an AI-enabled platform for managing the complex data underpinning firms’ reconciliations activities. TLM Aurora UDC builds on the technology used for SmartStream’s Air, its next-generation AI solution for reconciliation processing, version 2 of which was officially launched in October last year. Air introduces advanced AI...


RegTech Summit APAC Virtual

RegTech Summit APAC will explore the current regulatory environment in Asia Pacific, the impact of COVID on the RegTech industry and the extent to which the pandemic has acted a catalyst for RegTech adoption in financial markets.


Corporate Actions

Corporate actions has been a popular topic of discussion over the last few months, with the DTCC’s plans for XBRL and ISO interoperability, as well as the launch of Swift’s new self-testing service for corporate actions messaging, STaQS, among others. However, it has not been a good start to the year for many of the...