24 April 2017
visit http://events.sap.com/gb/fsi-forum-2017/en/home

Calypso releases interface to DTCC GTR for Emir reporting

03 February 2014  |  1725 views  |  0 Source: Calypso Technology Inc.

Calypso Technology Inc., the leading integrated capital markets platform provider, today announced the release of an interface to the DTCC's Global Trade Repository service (GTR) for EMIR (European Markets Infrastructure Regulation) reporting.

DTCC's Global Trade Repository service (GTR), which is one of the six TRs approved by the European Securities Markets Association, offers regulators unprecedented transparency into the $650 trillion OTC market.

The Calypso product is released in advance of the February 12, 2014 deadline for EMIR trade repository reporting for all asset classes. The module is an extension of Calypso's cutting edge OTC Clearing Solution for CCPs, clearing members and derivatives end users. It builds on Calypso's DTCC GTR for Dodd-Frank reporting on OTC derivatives, delivered in 2012, for interest rate and credit derivatives as well as FX products. Key functionalities featured include intraday reporting of new trades, reporting of lifecycle events and price reporting (valuation).

"Calypso is helping our customers adapt to the dynamic requirements governing OTC derivatives today across diverse geographies and markets," states Charles Marston, Chairman and CEO of Calypso. "We are delighted to be working with market leaders such as the DTCC to bring industry standard services to our customers in a seamless manner."

"As our strategic partner since 2005, Calypso enables UniCredit to react to the requirements of clients and regulators," states Lorenz Engel of UniCredit Business Integrated Solutions, IT provider of UniCredit group. "The financial crisis altered the way we conduct OTC transactions today and the landscape in which we compete. Calypso gives us the agility to meet all markets shifts in terms of conventions and regulations. Together with Calypso we were able to implement Dodd Frank and EMIR reporting for UniCredit as well as for clients delegating their reporting to UniCredit."

"DTCC is committed to helping establish a robust, comprehensive reporting infrastructure for the derivatives market globally. We work with innovative third party service providers like Calypso to build connectivity to our repository services, helping our mutual clients meeet regulatory mandates in Europe and globally," says Stewart Macbeth, CEO, DTCC Derivatives Repository Limited. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit capgemini.comvisit dh.com

Top topics

Most viewed Most shared
hands typing furiouslyDoes the Buck Stop with GameStop?
10523 views 0 | 3 tweets | 14 linkedin
BBVA runs live funds transfers over RippleBBVA runs live funds transfers over Ripple
10012 views comments | 28 tweets | 18 linkedin
Alipay and WeChat near $3 trillion payments milestoneAlipay and WeChat near $3 trillion payment...
8759 views comments | 35 tweets | 38 linkedin
Western Union and MoneyGram unveil Facebook Messenger bots; Mastercard and Amex pile inWestern Union and MoneyGram unveil Faceboo...
8396 views comments | 17 tweets | 17 linkedin
Dutch banks back all-in-one mobile payments tech from INGDutch banks back all-in-one mobile payment...
7320 views comments | 18 tweets | 20 linkedin

Featured job

to 120K base, £300K ote, stock options
London, UK

Find your next job