EMIR Reporting as a Service

Systemic fully undertakes the data collection from multiple sources, which requires the deployment of automatic interfaces for the secure collection of all required information with the subsequent reconciliation and the extensive data consistency checks.

The required information includes:

• Instruments terms and conditions maintenance
• Counterparties static data
• Trading information
• Margin requirements
• Collateral transactions​

For the avoidance of IT effort & costs, we could offer our data center (Microsoft Azure, North Europe) with no extra cost, for software installation and hosting of portfolio data and a remote access through web clients.

System capabilities

• Categorization of required information per clearing member or counterparty
• Reporting parameterization per trading portfolio
• Full analytical historical maintenance of reporting transactions for audit purposes
• Full audit trail of daily procedures of generation, register and sending of reporting transactions
• Multiple choices of connectivity to trade repositories (CSV or XML files, Web services, Fix)
• Independent engine for UTI generation with parameterization capabilities per clearing member or counterparty
• Instruments UPI matching per counterparty and trading venue
• Reporting to TRs of the following derivatives information:
  • Trading transactions
  • Positions
  • Valuations (Mark-to-Market/Model)
  • Margin requirements
  • Collateral values
• Client web access to report viewer for exporting of historical information 
• Calculation of customers expenses – Integration with RiskValue - derivatives back office

• Collection of daily transactions, valuations, margins and collaterals through interfacing with all relevant sources
• Extensive data consistency checks and reconciliations
• Data uploading to cloud based historical database
• Re-formatting,  submission to TRs and confirmation
• Maintenance of a cloud application and database server