Cappitech, a provider of regulatory reporting and intelligence technology for the financial services industry, has expanded its integrated reporting solution to CME Group’s Australian Trade Repository (ATR).
This integration provides investment firms with automation technology to comply with ASIC Derivative Reporting requirements and extends Cappitech’s existing cooperation with the CME Group on its European Trade Repository (ETR) that supports EMIR reporting. Since 2016, over 500 million trades have been submitted to the ETR through Cappitech’s reporting platform.
This new integration with CME’s ATR provides ASIC regulated investment firms with the ability to leverage Cappitech’s source system integration, data transformation, data validation and submission analytics technology to meet derivative reporting obligations efficiently while taking advantage of CME Group’s commercial programmes and experience operating a global list of licensed trade repositories. In line with changing regulatory requirements, Cappitech’s technology supports both the creation of full lifecycle reports as well as end of day position reports.
“We welcome the latest integration with CME Group, a company we’ve been successfully reporting to on behalf of our European customers since 2016. The integration allows our customers with ASIC reporting obligations to comply with their Australian regulatory requirements with ease,” says Ronen Kertis (pictured), Founder and CEO of Cappitech. “The backbone of Cappitech is built on providing an enhanced regulatory reporting platform and analytics capabilities using our innovative technology coupled with ease of reporting to a variety of Trade Repositories and ARMs.”
“Firms connecting to CME Group’s trade repositories can benefit from our global coverage, efficient technologies and dependable operations,” says Jonathan Thursby, Executive Director, Head of Global Repository Services, CME Group. “With Cappitech’s connection into CME Group’s Australian Trade Repository, we are now well positioned to tap the increased client demand for integrated end to end solutions and further help our clients in Australia fulfil their derivative trade reporting requirements.”
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More