Traiana has expanded TR Connect, its multi-jurisdiction regulatory reporting service, to satisfy the requirements of the Canadian Securities Administrators (CSA) and the Monetary Authority of Singapore (MAS).
The service already supports reporting to regulators in the US, Australia, Hong Kong and Europe, allowing for reporting on a direct or delegated basis.
Firms using the solution can report on interest rate swaps, credit default swaps and commodities across the supported jurisdictions, plus reporting valuations and collateral.
The expansion comes as a response to increased trade reporting requirements and the resulting demand for flexible, delegated reporting solutions that provide visibility in to the reconciliation process.
It is designed to act as a point of connection for post-trade reporting, and as a messaging hub to connect market participants with trade repositories.
Steve French, Traiana director of product strategy, said: “Traiana helps financial market participants around the world meet their global regulatory requirements across a number of jurisdictions.”
“The expansion of our TR Connect service supports these changes. By including additional validation rules, new jurisdictions and asset classes, this is testament to the demand for a seamless process for post trade reporting.”
