Sapient Adds Support for Bank of Israel Reporting
Sapient's regulatory reporting platform now supports FX, index-linked and interest rate derivatives reporting to the Israeli central bank
"We have seen a significant number of clients and market participants, both buy- and sell-side, and custodians, requesting support for Bank of Israel reporting. Sourcing the trade data, testing report templates for completeness and accuracy and ensuring transmission requirements to existing in-house platforms is a large undertaking," says Arun Karur, vice president at Sapient Global Markets.
CMRS collects and normalizes data from trading and risk management systems, applying reporting
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