Risk Focus, a New York City-based provider of trading, risk and cloud-enabling solutions for capital markets, reports that the post-trade systems provider DTCC will employ the Risk Focus Validate Trade engine internally, aiming to enhance its pre-user acceptance testing for the Global Trade Repository service of the DTCC. These steps are in advance of the… Read More >>
ISDA Service to Offer EMIR Clearing Tool
The International Swaps and Derivatives Association (ISDA) and Markit, a London-based provider of financial information services, report the launch of the European Market Infrastructure Regulation (EMIR) clearing classification tool on ISDA Amend, the ISDA and Markit online service that facilitates compliance with “certain EMIR and other regulatory requirements.” Specifically, the tool “enables derivatives users to… Read More >>
ISDA Confronts OTC Trade Reporting Mess
Market participants and regulators are still getting the hang of navigating and policing the newly-minted landscape for over-the-counter derivatives that’s come out of the sweeping post-crisis reforms. So, it makes sense that there are still quite a few wrinkles to iron out, even as new regulatory rules continue to come online. One particular area that’s… Read More >>
