From: RegTech Analyst
Leading regulatory reporting provider MAP FinTech and UnaVista, part of London Stock Exchange Group, have expanded their strategic collaboration for EMIR Trade Repository Services.
ΜΑΡ FinTech the provider who has introduced a fully automated reporting solution for EMiR, which supports more than 170 global B2B clients for their regulatory reporting needs.
The two parties have previously collaborated extensively on MiFIR. The new collaboration follows the winding down of CME TR and Abide’s discontinuation of services in this area.
With time running out for CME/Abide clients in the process of migrating to a new regulatory reporting provider, a great number of regulated firms and institutions face the challenge of securing a new, long-lasting and reliable regulatory reporting partnership.
MAP Fintech’s EMIR and MiFIR innovative reporting solutions, now integrated also with UnaVista’s TR and ARM, provide a fully-automated on-boarding process, allowing the uninterrupted transfer of any existing regulatory data in any format, under the support and regulatory guidance of one of London’s leading regulatory advisory firms, Complyport, MAP FinTech’s UK regulatory partner.
MAP FinTech said the deepening of the partnership showed a “commitment to offer state-of-the-art scalable solutions that simplify the way our financial services clients meet their regulatory requirements without encumbering their operational flexibility.
“By extending our collaboration with UnaVista and their EMIR Trade Repository (TR) service, we ensure that our clients will continue enjoying a best-in-class and cost-efficient EMIR solution, delivered via a single platform along with the rest of MAP FinTech’s offerings: MiFIR Reporting, ASIC Reporting, Best Execution Monitoring/Reporting, CRS/FATCA reporting, eKYC, AML Transaction Monitoring and Market Surveillance amongst others”
“We are delighted to see the expansion of our collaboration with MAP FinTech to support market participants in migrating their regulatory reporting from CME’s Nex and Abide services to UnaVista,” said Michael Leach, managing director of global business development at UnaVista. “Together with MAP FinTech, we offer a fast and efficient response to this demand.”
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