21 October 2016
Find out more

CloudMargin connects to Unavista to offer Emir-compliant trade reporting

11 February 2014  |  849 views  |  0 Source: CloudMargin

Derivatives collateral management cloud technology provider CloudMargin today announced it has connected with Unavista (part of the London Stock Exchange Group) to offer EMIR compliant trade reporting.

CloudMargin can collate, normalise, enhance and enrich data from a variety of sources in a huge variety of formats and submit correctly formatted data to Unavista in a timely fashion at minimal cost for clients.

"Clients increasingly reject the notion of using multiple 3rd party solutions and middleware providers to cope with ever changing regulation and cover up gaps in existing systems," comments Stuart McHardy, Managing Director of Product Development and COO of CloudMargin.

"They demand state of the art collateral management systems delivering STP connectivity out of the box to multiple areas such as reconciliation providers, clearing brokers, messaging platforms, custodians and trade repositories with minimal involvement and investment on their part. I'm delighted that CloudMargin delivers this."

"Unavista has been the overwhelming choice of our clients to date" adds Andy Davies, Cloudmargin's CEO and co-founder, "the ease of use and reliability of Unavista's solution makes it the obvious choice to meet the EMIR requirements which is reflected in the demand we are seeing."

CloudMargin will be adding other EMIR compliant trade repositories in line with client demand during the coming months. 

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit VocaLink.comFind out morehttp://www.financialcrimerisk.fiserv.com/aml?r=finextra

Top topics

Most viewed Most shared
The bank of the future will be invisible - KPMGThe bank of the future will be invisible -...
31666 views comments | 116 tweets | 211 linkedin
New EU rules could cost UK firms £122bn in cybersecurity fines - PCI SSCNew EU rules could cost UK firms £122...
10606 views comments | 31 tweets | 36 linkedin
Barclays and Citi test blockchain tech for equity swaps processingBarclays and Citi test blockchain tech for...
8283 views comments | 24 tweets | 17 linkedin
ING takes fintech startup route to UK relaunchING takes fintech startup route to UK rela...
6833 views comments | 29 tweets | 21 linkedin
Thinking Capital launches AI-powered chatbotThinking Capital launches AI-powered chatb...
6442 views comments | 12 tweets | 8 linkedin

Featured job

to c.£100K base, double OTE
London, UK (covering Europe)

Find your next job