23 November 2017
visit www.solutions.lexisnexis.com

Calypso releases interface to DTCC GTR for Emir reporting

03 February 2014  |  1874 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 www.aciworldwide.comvisit www.response.ncr.comvisit www.solutions.lexisnexis.com

Top topics

Most viewed Most shared
Ripple boss predicts central bank adoption of blockchainRipple boss predicts central bank adoption...
20976 views comments | 33 tweets | 36 linkedin
AmEx partners Ripple and Santander for blockchain-enabled cross-border paymentsAmEx partners Ripple and Santander for blo...
12437 views comments | 15 tweets | 42 linkedin
Barclays warns of unprecedented online fraud this ChristmasBarclays warns of unprecedented online fra...
10193 views comments | 17 tweets | 35 linkedin
Sepa instant payments goes liveSepa instant payments goes live
9407 views comments | 45 tweets | 77 linkedin
ING brings data privacy to blockchain transactionsING brings data privacy to blockchain tran...
8417 views comments | 25 tweets | 35 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job