REMIT Reporting Services and Solutions - July 2015 updated March 2016
9.3.1.5
Seeburger – EMIR/REMIT Trade Reporting Solution
Product
Seeburger’s EMIR/REMIT Trade Reporting solution is a stand alone piece of software which can be used in two
modes:
Option 1 - Manual entry / import data - For all standard instruments specific "Forms" are available that contain only
fields, for example for reporting of a FX forward contract are required. All entries are checked for syntax and
consistency errors.
Option 2 - Automated upload by coupling to any portfolio / trading / treasury system / SAP - data is retrieved from
any system (Data Collection). It then passes through a syntactic and mandatory field check. After successful testing,
the data is translated into the required data format (XML) will be sent in encrypted form to a trade repository (TR
REGIS - TR, DTCC) or directly to the Authority (ACER) via Seeburger’s RRM (see section 9.2.1.4). The status messages
of the respective transmission are collected and stored as the next step allowing the entire process to be monitored.
The system provides the following benefits:
Manual entry / import or connection to any portfolio / trading / treasury system
Automated transmission and reception of feedback
Client capability
Compliance check integrated as a Quality Gate
Process transparency through monitoring
Maximum security and confidentiality
Auditable through traceability
Messages for standard and non-standard transactions
Scales with future requirements: fundamentals of the MTS, BaFin, MiFID, etc.
Vendor and website
Seeburger AG
www.seeburger.com
Copyright 2016 – ETR Advisory Ltd and Commodity Technology Advisory LLC
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