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UnaVista Welcomes 50th Member Of Partner Programme

Written by Shanny Basar | May 29, 2018 9:26:13 AM
  • Calypso Technology joins UnaVista Partner Programme as 50th member
  • Partner Programme helps clients with reporting obligations including Securities Financing Transactions Regulation (SFTR)
  • SFTR will require firms to report transactions including repo trades to an approved EU trade repository, expected to go live Q2 2019
  • Clients can test their data in preparation using UnaVista’s Accelerator tool

UnaVista, part of London Stock Exchange Group, is pleased to welcome its 50th member, Calypso Technology to its partner programme. In line with LSEG’s Open Access philosophy, UnaVista launched its Partner Programme to provide clients with greater transparency and choice when dealing with other markets participants. Following its launch in February 2017, to help firms prepare and comply with MiFID II, the Programme has expanded its offering to include other reporting regulations, including SFTR and EMIR. The Programme has welcomed a range of technology firms in the financial services industry. including Charles River, DTCC, Eze Software, and IHS Markit.

This partnership with Calypso Technology is a testament to UnaVista’s efforts to assist firms comply with existing MiFiD II, and EMIR requirements, as well as the upcoming SFTR requirements seamlessly and efficiently. Calypso provides full front-to-back Processing, Risk, Collateral and Securities Finance solutions on premise and on cloud. Calypso’s Securities Finance platform is a full front-to-back solution designed to assist buy-side, sell-side, clearing houses and central banks with the complex demands of the securities finance market. When the SFTR regulation goes live in 2019, Calypso’s clients will be able to report all their SFTs via UnaVista’s Trade Repository.

Ahead of SFTR reporting go-live, clients can simulate their reporting and perform data gap analysis using UnaVista’s SFTR Accelerator tool. The UnaVista Accelerator tool, available in 2018, will enable clients to test for and address any data discrepancies or shortages before the regulation goes live.

Wendy Collins, Managing Director, Strategic Partnerships, UnaVista commented:

“We are excited to expand the partner programme beyond MiFID II to other regulations including SFTR and EMIR. It has given us the opportunity to collaborate with leading technology firms like Calypso. Our partnership with firms for SFTR is designed to replicate the seamlessness and efficiency that the programme provided to firms for MiFID II go-live.”

Mayank Shah, Managing Director, Strategy, Transformation and Alliances, Calypso commented:

Calypso is always looking at ways to extend our Front to Back Trading, Collateral, Securities Finance and Risk solutions to help clients adapt and respond to continuously changing regulatory requirements. The partnership with UnaVista enables us to offer to our growing list of customers a seamless option to meet their regulatory reporting requirements including trade reporting EMIR, MiFiD II and SFTR. This partnership builds on our flexible, open API based technology and industry leading post-trade Processing, Collateral and Securities Finance solutions and offers our customers flexibility and reduced time to meet their regulatory reporting requirements.

Source: London Stock Exchange