Singapore-based , a provider of technology solutions for the financial services industry, announced this Thursday that it has expanded the capabilities of its TRACE Reporting solution by integrating with CME Group’s trade repositories in North America and Europe.
TRACE customers can now report derivative trades to regulators within Europe, the United States and Canada through . This builds upon the relationship between TRACE and CME Group, which, together, offer the same capabilities in Australia.
According to the statement released today, with , Catena can now provide a solution which is able to automate G20 trade submissions, as well as perform post-submission reconciliation for clients, complete with global trade reporting requirements.
Source: LinkedIn
“Working together with CME Group, Catena is able provide a solution that improves customers’ operational workflows and provides an end-to-end solution that addresses the full range of regulatory compliance needs.”
The TRACE Reporting solution
The TRACE Reporting solution allows financial firms to report over-the-counter (OTC) derivative trades to regulators through trade repositories around the world. The platform handles trade reporting requirements related to cross-asset coverage, valuation, collateral reporting, reconciliation, and other data that trade-repositories receive from financial institutions – and which are relayed to regulators under relevant compliance rules.
Source: LinkedIn
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