Reports EU Regulations REMIT Reporting Services & Solution | Page 27

REMIT Reporting Services and Solutions - July 2015 updated March 2016 5.5.2 Upload data from all OMPs and sent it to one or more full RRM Under this model, the OMP obtains data from each OMP themselves by uploading it onto their site. The OMP then sends the data themselves to one RRM, using either an internal mechanism or software. An alternative to this model is for the OMP to send order data directly to ACER and for the market participant to upload trade data only. 5.5.3 Ask OMPs to send data to full RRMs Under this model, the market participant signs tripartite agreements, getting the OMPs to send data to one or more RRMs. Since not all OMPs offer this service, and especially not to the same RRMs, the model may not be as “neat” as it first appears. Copyright 2016 – ETR Advisory Ltd and Commodity Technology Advisory LLC 26