Misys Launches Emir-Compliant Trade Reporting Service

City of London
London-headquartered Misys says 17 customers have signed up for its hosted regulatory reporting service.

Software provider Misys has launched a regulatory reporting service to assist corporate and buy-side clients with European Market Infrastructure Regulation (Emir) reporting requirements.

The software-as-a-service offering will enable customers to report to a trade repository on the execution, modification and termination of a derivative transaction, as mandated by the regulation.

“Our single-instance multi-tenant solution was delivered in time for our clients to fulfil their reporting obligations on 12 February, and is now perfectly positioned to provide TR-connectivity to many more corporate treasuries, fund managers, or small banks going forward,” says Neil Macro, global sales director at Misys global managed services. 

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