London Stock Exchange completes transaction reporting service acquisition

London Stock Exchange completes transaction reporting service acquisition

  • Deal underlines London Stock Exchange Group’s commitment to supporting client regulatory requirements
  • TRS clients to benefit from improved functionality
  • Clients begin seamless migration to functionally enriched UnaVista platform


London Stock Exchange Group plc today announced that it has completed the acquisition of Transaction Reporting Service (TRS), the FSA’s Approved Reporting Mechanism (ARM).

Existing TRS clients can now rapidly migrate to the UnaVista platform, the Group’s own ARM, which has acquired the rights to accept brokers’ TRS-formatted data submissions. TRS customers will benefit from UnaVista’s significant functionality enhancements including management dashboards, data reconciliations and reference data for all asset types incorporating the new Alternative Instrument Identifier Exchange.

David Lester, Director of Information Services at London Stock Exchange Group said:

“I’m delighted to announce that we have finalised our agreement with the FSA to acquire TRS and look forward to welcoming our new clients to the Group’s leading UnaVista platform. This transaction underlines our commitment to our customers in assisting them with all their execution and trade processing needs.”

Migrating TRS customers will also gain access to the full range of UnaVista solutions including the UnaVista Swaps and Confirmation Portal that allows brokers and buy side clients to automate post trade communications of exchange traded and OTC transactions.