AQMetrics Taps into DTCC's Trade Repository to Foster Derivatives Settlement

AQMetrics, a provider of integrated risk and compliance software for the investment management industry, has augmented its cooperation and connectivity with the Depository Trust & Clearing Corporation’s (DTCC), according to an AQMetrics statement.

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AQMetrics utilizes a variety of solutions, including turnkey pre-and post-trade monitoring for Reg NMS, OATS and OTS reporting, UCITS Rules Monitoring, AIFMD Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and Annex IV Reporting, AML/KYC and UBO Monitoring, EMIR Reporting, and OPERA Reports, among others.

The new connectivity with the DTCC’s Global Trade Repository will help foster higher market transparency, whilst strengthening risk mitigation and cost efficiency to worldwide over-the-counter (OTC) derivatives markets. This initiative specifically target clients in Europe, with the aim of streamlining EMIR regulations for participants that Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term the DTCC’s Global Trade Repository service.

According to Geraldine Gibson, Chief Executive Officer (CEO), from AQMetrics, in a recent statement on the connectivity: “AQMetrics (AQM) provides clients with end to end data management solutions, from data preparation through to reporting to comply with existing and future regulation.”

“AQM’s working relationship with DTCC’s GTR will help bring efficiencies to mutual clients with reporting obligations under European Market Infrastructure Regulation (EMIR) and in the future, Markets in Financial Instruments Regulation (MiFIR).”

"Recently we have seen increased client demand for automated end to end EMIR reporting; and as a result we recognize the need to provide our clients with even more choice from our 'One Stop' shop,” Gibson added.

Last month, the DTCC made headlines after Markit acquired the position reconciliation technology assets of the DTCC’s Loan/SERV LLC. Per the transaction terms, the DTCC will continue to run its Loan/SERV application for Markit until it is fully assimilated into Markit’s Processing division.