REMIT Reporting Services and Solutions - July 2015 updated March 2016
9.2 Other “Full” RRMs
Other “full” RRMS, as outlined in section 5.4.4, currently known are as follows (services are outlined in the next
section):
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Abide Financial
Nordpool Spot
Polish Power Exchange
Seeburger
9.2.1.1
Abide Financial – TransacPort RRM
Product
Abide Financial is an independent, UK Approved Reporting Mechanism (ARM), overseen by the FCA. The company
offers process management and post-trade transaction data analysis facilities that enable clients to meet reporting
requirements under MiFID EMIR and evolving regulations like REMIT, ASIC and MAS.
Clients reporting under REMIT through Abide will benefit from:
Extension of our established TransacPort EMIR and MiFID transaction reporting and data management
service to REMIT.
Centralised data reporting and reconciliation for full EMIR, MiFID and REMIT compliance
Data format flexibility – ACER XML, CpML, CSV.
Reporting efficiency through using the same RRM as OMPs and fewer interfaces with ACER ARIS.
Connectivity to other RRMs
Abide Financial provide a full REMIT service for reporting orders-to-trade and transactions to the ACER ARIS
database:
‘Standard’ and ‘Non-Standard’ contracts
Orders to-trade-placed on Organised Market Places (OMPs) including filled and unfilled orders (and
modifications thereof)
Transactions executed at OMPs
Transactions concluded outside OMPs
Inter-group transactions
Trade lifecycle events
Transaction data backloading
Data enrichment will utilise client static or reference data deposited in TransacPort RRM during the onboarding
process.
Vendor and website
Abide Financial
www.abide-financial.com
Copyright 2016 – ETR Advisory Ltd and Commodity Technology Advisory LLC
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