Kinetix Trading Solutions, a specialist provider of compliance and trade management software for capital markets firms, has gained legal approval for its rules engine for the European Market Infrastructure Regulation (EMIR) and Dodd-Frank Act regulatory frameworks.
US-based Kinetix, whose head office is in Princeton, New Jersey, said that the engine allows derivatives market participants to ensure that their trades can be validated with confidence in advance of the mandatory European clearing deadlines that go into effect this June.
“The law firm Katten Muchin Rosenman LLP has reviewed and validated the updated scenarios, providing important comfort in the world of post-trade compliance,” the group stated. “The Kinetix rules engine now allows clients to automate compliance with a growing mountain of regulation that has increased in quantity, complexity and geographic reach over the last several years.
“We are delighted to play a principal role in ensuring trade certainty for the derivatives industry,” added Guy Dempsey, attorney at Katten Muchin Rosenman.
“With such a complex regulatory landscape, industry participants reach significant benefits from the confidence of legal validation.”
This upgrade expands the existing suite of Kinetix post-trade compliance offerings issued in response to the latest regulations across the capital markets.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Apps are a critical part of treasury's shift into mobile banking as 67% of treasury and corporate finance professionals said mobile banking services are of particular interest to them in a recent survey.
The fact that the world’s biggest technology firms are branching out into the physical world is a huge opportunity for traditional business models, said inspirational speaker Laurent Haug told treasurers at the BNP Paribas Cash Management University.
It’s no secret that technology is rapidly changing the face of treasury. Joseph Reger, fellow and chief technical officer in EMEIA at Fujitsu, believes that 2018 will be a coming of age for both artificial intelligence and the Internet of Things (IoT).