Ullink Launches Multi-Asset Trading Reporting Platform for Mifid II Compliance

Automated trade reporting solution for multiple asset classes to provide centralized view of reporting activity under new Mifid II regulation.

paris-arc-de-triomphe-night
Paris-based Ullink won Best Low-Latency Trading Network at the 2016 Buy-Side Technology Awards.

Ullink’s automated trade reporting solution covers cross-asset class reporting requirements and provides a centralized dashboard displaying reporting status and abilities to amend or cancel reports across multiple trade reporting venues operating under Approved Publication Arrangements (APAs). An APA, which was introduced under the original Mifid regulation, is an entity authorized to provide trade reports on behalf of investment firms.

Under Mifid II, details of all trades in eligible financial instruments (both equities and non-equities) need to be published to market participants in as close to real time as possible, which in some cases may be 60 seconds after the trade.

“With Mifid II implementation drawing closer, there is increasing pressure on firms to deploy automated solutions for trade reporting that can apply the rules correctly, to eliminate the possibility of over- or under-reporting,” says Richard Bentley, chief product officer at Ullink. “The changing APA landscape also focuses attention on centralized solutions which can process input from multiple front-office order management systems, across asset classes. The new Ullink Trade Reporting solution is a powerful addition to Ullink’s portfolio, aimed at alleviating the burden of new regulations for post-trade workflows.”

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

FCA declines to directly regulate market data prices

A year-long investigation by the UK regulator to determine whether competition is hindered in the wholesale data markets has concluded with its decision not to directly regulate much-maligned data pricing and licensing structures.

How GenAI could improve T+1 settlement

As well as reducing settlement failures, researchers believe generative AI can provide investment managers with improved research, prioritization, and allocation resources.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here