A-Team Insight Blogs

Gresham Partners with RegTek Solutions for Strategic Transaction Reporting

Data integrity and control software provider Gresham Technologies has joined forces with regulatory reporting specialist RegTek Solutions in a strategic relationship linking RegTek’s Reconcile.Trade solution with Gresham’s Clareti Platform to offer increased transparency and control over transaction reporting requirements.

The Reconcile.Trade platform allows clients to reconcile front-office trading records against data samples provided by competent authorities via Approved Reporting Mechanisms (ARMs) or Trade Repositories. The new partnership will allow the solution to leverage Clareti’s matching engine and exception management workflow capabilities, giving operations and compliance teams improved control over the accuracy of their reported data.

The new platform (which can be deployed either on the cloud or on-premise) has already gone live with its first client, a global financial services provider which is using the service to fill in the gaps in its Dodd-Frank reporting in response to a regulatory investigation. Other potential regulatory applications could include EMIR, MiFIR, HKMA, ASIC, and many more.

“There is a tremendous opportunity in our market that this partnership will help us realise,” says Bill Blythe, Global Business Development Director at Gresham. “Legacy reconciliation technology and hard-coded business rules won’t satisfy the demands of a modern, transforming enterprise. Regulatory control needs to be fast to implement, fast to change, and we can offer something unique to firms of all sizes.”

Leave a comment

Your email address will not be published. Required fields are marked *

*

Share article

Related content

WEBINAR

Recorded Webinar: Trade/Order Tracking & Time-Stamping for Regulatory Compliance

Don’t miss this opportunity to view the recording of this recently held webinar. At the beginning of 2018 in Europe, and before the end of 2017 in the US, new time-stamping requirements will come into force, under European MiFID II regulation and the US SEC’s Consolidated Audit Trail (CAT) project. The RTS 25 provision of...

BLOG

Data Management Summit: Meeting Management Demand for Enterprise and Risk Analytics

Regulation is driving many data management projects in financial firms, but when tactical projects morph into strategic approaches to enterprise data the requirements of senior management for enterprise and risk analysis can begin to be fulfilled. Leading a panel discussion entitled Reporting for the C-Suite: Data Management for Enterprise and Risk Analytics at A-Team Group’s...

EVENT

Breakfast Briefing: Meeting the Data Requirements of FRTB London

The Fundamental Review of the Trading Book (FRTB) Breakfast Briefing, will examine how the capital markets industry is approaching FRTB data management and will look at the implications for the ways that firms source, manage and store data for FRTB compliance.

GUIDE

MiFID II Handbook – Second Edition

With the compliance deadline for Markets in Financial Instruments Directive II (MiFID II) just over two months away, A-Team Group has updated its MiFID II handbook to bring you the latest details on the regulation’s compliance requirements. Version 2 of the handbook, commissioned by Thomson Reuters, also includes new sections covering data sourcing and data...