Risk Focus, a provider of regulatory control and testing solutions for global trade and transaction reporting, has announced that it has joined UnaVista’s Partner Program to help deliver the independent controls demanded by ESMA’s MiFIR regulations.
UnaVista is London Stock Exchange Group’s global regulatory reporting platform and a market-leading MiFID transaction reporting ARM (Approved Reporting Mechanism) in Europe, processing billions of transactions a year for thousands of clients across all asset classes.
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The move paves the way for MiFIR transaction reporting through the UnaVista ARM to be integrated into the Report-it suite of reporting controls.
We look forward to helping Risk Focus extend their high-quality solutions to our market leading platform.
UnaVista MiFID Transaction Reporting and EMIR Trade Repository will join the DTCC GTR (Global Trade Repository) and CME’s ETR (European Trade Repository), already supported on the Report-it platform.
Wendy Collins, Head of Partnerships at UnaVista, commented: “We are pleased to have Risk Focus join the UnaVista Partner Programme and look forward to helping them extend their high-quality solutions to our market leading platform.”
The Report-it platform comprises independent components which combine to provide a complete control framework for trade and transaction reporting.
Risk Focus CEO, Brian Lynch, explained: “With a growing list of clients worldwide we need to provide solutions that are truly global and cover the full scope of reporting jurisdictions and destinations for trade and transaction reporting. Partnering with UnaVista will provide tremendous value to our shared client base and is absolutely critical for us to fulfil our mission of being the leading provider of control and compliance software solutions for global trade and transaction reporting.”
Background
Risk Focus provides control and compliance for regulatory trade and transaction reporting to its clients with a Regulatory and Repository SLA, helping firms stay ahead of the increasingly challenging demands of global regulators in capital markets.
The firm offers brokers, banks, clearing houses and hedge funds a full service model, from advisory and architecture, through to full solution implementation and delivery services including trade reporting, Risk Management and cloud enabling solutions.