Sapient Connects CMRS Platform to DTCC
The platform collects and normalizes data from multiple sources and then sends it back in a format that is accepted by the various reporting agencies—such as messaging formats like FpML, which the DTCC accepts, Arun Karur, vice president at Sapient, tells WatersTechnology. (VIDEO: Watch Karur discuss the CMRS platform's functionality soon after its launch last year.)
"This enables customers to not have to follow the actual DTCC specs, the actual connectivity mechanisms—that all is integrated
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