Risk Focus, a provider of trading and risk solutions, has launched new Regulatory Reporting Advisory (RRA) services.
RRA intends to help clients comply with global trade reporting regulations, meet aggressive deadlines and build solutions for regulatory compliance, including upcoming regulations like Securities Finance Transaction Reporting (SFTR), effective early 2019. SFTR is EU regulation intended to increase the transparency of securities financing markets so that they can be monitored, and the risks identified.
According to Risk Focus, RRA is designed to assist clients to assess, select, build and implement control tools & systems around both existing and upcoming regulations. These cover all aspects of regulatory reporting, including key controls such as completeness and accuracy assurances.
Srikant Ganesan, senior managing director of Risk Focus Financial Services Solutions, said: “The formal announcement of our solutions signifies what our clients have known for years; Risk Focus is the firm to turn to for expertise and advice related to trade and transaction reporting challenges, be it a health-check, a training session or a full-on implementation.”
With offices in New York, London and Riga, Risk Focus delivers trading, regulatory, risk and cloud-enabling solutions to the global capital markets.
Enable its clients to have full control over portfolios, market data, analytics and visualizations used in daily trading risk management. Its solutions incorporate componentised service architectures, using vendor and proprietary implementations.
With post trade regulatory reporting at the forefront of every capital markets business, it also provides custom solutions that provide a front – to – back view of a trade life cycle with operational intelligence controls that support pro-active monitoring of regulatory compliance requirements. It tackles regulations such as MiFIR, EMIR RTS, Dodd-Frank, with solutions including intra-day reporting, data quality, completeness and accuracy.
As the preferred implementation partner for RegTek.Solutions, Risk Focus RRA has already held both onsite and remote workshops for many clients, guiding them through the changes in EMIR RTS regulation and the DTCC Global Trade Repository at the end of last year.
In January, RegTek.Solutions partnered with Optimity Advisors to bring data visualisation and exception-based analytics to the regulatory reporting space. RegTek.Solutions’ actionable regulatory intelligence and compliance technology is combined with Optimity’s user experience.
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
