Catena extends UnaVista partnership to include SFTR
29 April 2019 Singapore
Image: Shutterstock
Catena Technologies has extended its collaboration with UnaVista to help firms prepare and comply with Securities Financing Transactions Regulation (SFTR) transaction reporting.
The programme extension to include SFTR will enable its customers to automate trade reporting submission and post-submission reconciliation for SFTR.
Catena's TRACE Reporting is a software-as-a-service platform that manages a range of functional requirements for trade reporting, including cross-asset coverage, valuation and collateral reporting, reconciliation, and multi-jurisdiction support.
Aaron Hallmark, CEO of Catena Technologies, commented: 鈥淥ur collaboration with UnaVista provides customers with a simple and straightforward way to implement SFTR reporting.鈥�
"Avoiding complexity in reporting solutions is important for keeping SFTR implementation and operational costs manageable.鈥�
鈥淟ikewise, it is beneficial for customers to be able to address each of their SFTR, G20, and the second Markets in Financial Instruments Directive (MiFID II) trade reporting needs together in a single, integrated solution.鈥�
Michael Leach, global managing director, business development at UnaVista, said: 鈥淯naVista is pleased to extend the relationship with Catena Technologies to help our mutual clients meet their SFTR regulatory reporting obligations in a timely and efficient way.鈥�
鈥淯naVista鈥檚 extensive regulatory reporting experience and capabilities together with Catena's established RegTech platform will help our mutual clients reduce the operational burden and regulatory risk.鈥�
The programme extension to include SFTR will enable its customers to automate trade reporting submission and post-submission reconciliation for SFTR.
Catena's TRACE Reporting is a software-as-a-service platform that manages a range of functional requirements for trade reporting, including cross-asset coverage, valuation and collateral reporting, reconciliation, and multi-jurisdiction support.
Aaron Hallmark, CEO of Catena Technologies, commented: 鈥淥ur collaboration with UnaVista provides customers with a simple and straightforward way to implement SFTR reporting.鈥�
"Avoiding complexity in reporting solutions is important for keeping SFTR implementation and operational costs manageable.鈥�
鈥淟ikewise, it is beneficial for customers to be able to address each of their SFTR, G20, and the second Markets in Financial Instruments Directive (MiFID II) trade reporting needs together in a single, integrated solution.鈥�
Michael Leach, global managing director, business development at UnaVista, said: 鈥淯naVista is pleased to extend the relationship with Catena Technologies to help our mutual clients meet their SFTR regulatory reporting obligations in a timely and efficient way.鈥�
鈥淯naVista鈥檚 extensive regulatory reporting experience and capabilities together with Catena's established RegTech platform will help our mutual clients reduce the operational burden and regulatory risk.鈥�
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