Risk Focus Inc., a provider of regulatory control and testing solutions for global trade and transaction reporting, today announced that it has signed up to UnaVista’s Partner Program. This paves the way for MiFIR transaction reporting through the UnaVista ARM (Approved Reporting Mechanism) to be integrated into the Report-it suite of reporting controls. UnaVista MiFID Transaction Reporting and EMIR Trade Repository will join the DTCC GTR (Global Trade Repository) and CME’s ETR (European Trade Repository), already supported on the Report-it platform.
As LeapRate reported earlier this year, UnaVista has made user acceptance testing available for MiFIR transaction reporting 17 months ahead of schedule.
UnaVista is London Stock Exchange Group’s global regulatory reporting platform and a transaction reporting ARM in Europe, processing billions of transactions a year for thousands of clients across all asset classes. This partnership will enable Risk Focus to deliver the independent controls demanded by ESMA’s MiFIR regulations.
Wendy Collins, Head of Partnerships at UnaVista commented:
We are pleased to have Risk Focus join the UnaVista Partner Programme and look forward to helping them extend their high-quality solutions to our market leading platform.
Risk Focus CEO, Brian Lynch, added:
With a growing list of clients worldwide we need to provide solutions that are truly global and cover the full scope of reporting jurisdictions and destinations for trade and transaction reporting. Partnering with UnaVista will provide tremendous value to our shared client base.
The Report-it platform comprises independent components which combine to provide a complete control framework for trade and transaction reporting.
Lynch continued:
Our clients drive our priorities in terms of new services and the addition of new reporting venues. Supporting UnaVista is absolutely critical for us to fulfil our mission of being the leading provider of control and compliance software solutions for global trade and transaction reporting.