How to switch your EMIR Trade Repository
Why you should be assessing your Trade Repository
As EMIR has progressed firms have realised the importance of using a trade repository that can keep up with the regulators’ requirements for improved validation, inter-TR reconciliation and helping firms with improving their exception handling. As regulations like MiFID have taught us, as regulations mature there is increasing scrutiny placed by the authorities on the quality of reporting from the firms. For this reason it is important to be confident that what you are reporting is timely, accurate, validated and reconciled from day one.
What you can do about it
UnaVista have already helped a number of firms migrate their EMIR reporting on to UnaVista's UK and EU Trade Repositories, and, if you would like to find out whether this is the right option for your firm, please get in contact below.
UnaVista's EMIR UAT
UnaVista's EMIR trade repository UAT (User Acceptance Testing) environment for the revised RTS is long-established as it went live in September 2017.
If you are not receiving the service you need from a trade repository, or you feel they are always playing catch up with the regulator’s requirements, then you should consider switching to UnaVista TRADEcho B.V. or UnaVista Ltd for your EU and UK EMIR requirements, before this reflects on your firm. UnaVista Trade Repositories provide all of the functionality a trade repository should do including:
- An easy to use interface
- Advanced filtering
- Management reporting dashboards
- Flexible connectivity
- Training courses and support
Our CPD and CISI certified training courses give you and your team all of the grounding you need in the reporting requirements. Register for the workshop to gain complete insight into EMIR reporting.