Regis-TR and TriOptima Partner on Portfolio Reconciliation

EU Flag
EU regulators are mandated compression and reporting in the coming months.

The vendor says that integrating the repository's data will allow triResolve clients to perform verification and reconciliation processes on trades submitted, while using the product's workflows to address exceptions.

The move is in response to impending deadlines from the European Securities and Markets Authority (ESMA) that mandate portfolio compression for over-the-counter (OTC) derivatives, while the process of actual trade reporting is scheduled to begin on January 1, 2014.

"A large cross-section of European financial institutions and corporates will appreciate the functionality offered through this new collaboration to solve their trade reporting and reconciliation requirements efficiently," said David Retana, MD at Regis-TR. "Since November 2012, Regis-TR has provided customers with a reporting environment where they can test, understand, and implement before actual go-live deadlines under the European Market Infrastructure Regulation; and this enhancement will offer significant benefits."

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.

Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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