Trade and Transaction

Regime-agnostic data-driven platform enables FIs to determine eligibility, manage exceptions, report to TRs for mandates including EMIR, MiFIR, SFTR


Overview


Device Frame

Eligibility across Regimes

Under various global regulatory regimes, counterparties must report on a wide range of trades in scope. Designating eligibility by regime requires counterparties to:

  • Submit required reporting based on clean, transparent data
  • Track regulatory changes

  • Track, interpret and comply with multiple rules across regimes

DIVERSE REQUIREMENTS

Diverse requirements, large volumes and tight, frequent reporting deadlines strain processing capacities and increase risk of compliance breaches.

DEVELOPMENT AND MAINTENANCE

In-house reporting process challenges include:

  • Preparing reports across regimes and trade repositories
  • Responding to regulatory changes
  • Updating eligibility criteria
  • Determining eligibility

  • Transmitting to the trade repository (TR) of choice
  • Accommodating multiple regimes
  • Sourcing traceable data

Questions to Consider

  • Can we seamlessly integrate diverse systems and utilize a non-invasive approach to trade and transaction data management?
  • How do we implement a scalable approach that will optimize resources while ensuring transparency?
  • What are best practices for addressing the reconciliation of unpaired and unmatched trades?

  • How can we efficiently manage data collection, validation, enrichment, and submission requirements across regimes?
  • Are we technologically prepared to automate all TR submissions, including delegated submissions?
  • Can we see the end-to-end lifecycle of reported trades?

Solution

Regime Agnostic

AxiomSL’s flexible, regime-agnostic, and transparent Trade and Transaction (T-and-T) Reporting solution provides counterparties with a seamless process to comply with global reporting requirements.

ControllerView® platform

Running on AxiomSL’s data integrity and control platform, ControllerView®, the T-and-T solution enables counterparties to manage all data collection, validation, enrichment, and submission requirements in one place.

Capabilities

Running on ControllerView the solution:

  • Delivers comprehensive transaction reporting for all global reporting requirements
  • Provides a single, regime-agnostic exception management capability
  • Optimizes infrastructure and resource burdens
  • Deployable on AxiomSL’s secure RegCloud™

  • Automatically identifies all in-scope transactions and produces regulatory reports
  • Enables a fully auditable and traceable resolution of trade exceptions
  • Facilitates visibility of the end-to-end life-cycle of reported trades

Device Frame

AxiomSL’s Trade & Transaction Solution


T&T Solution Graphic

Click image to view at full size


T-and-T on ControllerView provides:


  • Comprehensive transaction reporting
  • Regime-agnostic exception management
  • Complete auditability
  • Cloud-enabled functionality

For more information about AxiomSL’s T-and-T Reporting Solution, download the PDF.

Benefits

Delivers comprehensive transaction reporting for all global reporting requirements

Validates and enriches data —leveraging AxiomSL’s SecurityView data dictionary approach

Enables transparent data drill-down and maintains audit trail of changes for books and records

Provides regime-agnostic exception management capabilities

Clearly displays exceptions by status on a dashboard —providing quick insight into data-quality issues

Optimizes infrastructure and resource burdens by delivering trade and transaction reporting on a single platform

Deep Dive

Eligibility across multiple regimes in a user-friendly interface


Eligibility Dashboard

Click image to view at full size

Transparent user interface shows clear exception reasons with an auditable resolution


Exception Management Dashboard

Click image to view at full size

Diverse regime coverage —additional REGIME/TR end points added per request


Global Coverage Matrix

Click image to view at full size

We use cookies in order to give you the best possible experience on our website. By continuing to use this site, you agree to our use of cookies.
Accept