Point Nine, Cyprus-based regulatory reporting firm has partnered with US-based listed fortune 500 company FIS.
The collaboration will aid the extension of Point Nine’s service, which uses their in-house proprietary technology to provide an in-class solution to customers and regulatory reporting requirements, to FIS’ customers, “ensuring accuracy, efficiency, and transparency”.
Speaking on the announcement, Andreas Roussos, CEO of Point Nine comments: “We are thrilled to be selected by FIS to power trade and transaction reporting together. The data which are necessary for firms to ensure timely and accurate reporting are segregated amongst multiple systems, data formats and third parties.
“By leveraging FIS’ trade data and Point Nine’s capabilities we are thrilled to present FIS Trade Reporting Manager with Point Nine: aiming to ensure timelines and accuracy in reporting whilst reducing costs and associated risks.“
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