Reports EU Regulations REMIT Reporting Services & Solution | Page 70

REMIT Reporting Services and Solutions - July 2015 updated March 2016 9.4 Services Two services, as outlined in section 6.3, are listed: - EFETNet eRR Trayport Complete 9.4.1.1 EFETNet - eRR Product EFETNet’s eRR service operates on a similar model to that described in section 6.3.1. eRR is offered as part of “CMS”, the central matching service that also hosts eCM, the electronic confirmations matching service. EFETnet’s eRR establishes Straight Through Processing for regulatory reporting, delivering reporting compliance for REMIT and EMIR. eRR operates through a single standard interface providing connectivity to the different regulatory repositories. The service offers the following benefits:     Single data format and interface for all submissions Extensive reconciliation of portfolios using eRR and third party data Automates the regulatory reporting process Addresses all regulatory reporting through a single service Vendor and website EFETNet BV www.efetnet.org Copyright 2016 – ETR Advisory Ltd and Commodity Technology Advisory LLC 69