Cappitech Adds EMIR Dashboard to Complement its RegTech Platform

Boutique provider of regulatory technology (regtech) for over 15 years, Cappitech, today announced the launch of its EMIR Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term dashboard to help power the analysis of its reporting tools for firms that report over-the-counter (OTC) and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term-traded derivatives (ETD) in Europe, using its Capptivate platform.

EMIR regulation went into effect in February 2014, yet Cappitech notes that firms incur expenses of over one billion USD each year and expects that figure to grow as more firms – including 3^rd party companies – comply with the required reporting.

The firm services clients such as eToro, ITG, and Traiana and plans on showcasing its new solution at this week’s iFX EXPO in Cyprus, as a multitude of providers and thousands of industry people will attend the much-awaited event that is co-organized by Finance Magnates and Conversion Pros.

CEO comments

“EMIR regulation is a difficult and expensive process to comply with,” stated Ronen Kertis, CEO of Cappitech, commenting in the company’s announcement.

Mr. Kertis added: “Along with introducing automation through our Capptivate platform, we wanted to provide more value adding features for our customers. We believe that through our dashboard, compliance officers and risk personnel will be able to gain more insight on their EMIR regulation reporting and easily be able to drill down to review individual orders.”

The company offers its Capptivate platform that connects clients to trade data and maps to conform with the required fields that need to be reported to the regulators in Europe. The platform validates the data while reporting it to the trade repositories (TRs) on behalf of the firms.

Enhanced with new dashboard

Cappitech launched the new dashboard in both web-based and mobile friendly versions, in order to give clients greater insight of their trade-related submissions via the use of visual-based reports, including the ability to search orders by a unique trade identifier (UTI) to see a chain of events surrounding an order.

The new solution enables firms to see trades per counterparty source, as well as asset class, according to the announcement. A screenshot below can be seen of the new dashboard features in the Capptivate platform.