Risk Focus Responds

While most regulatory changes will impact our .Trade solutions directly a number maybe extremely disruptive to clients and will require updates to Validate.Trade rules and functionality to help clients test their reporting solutions and monitor data quality through the calendar of change that lies ahead.


MiFID readiness the top priority? What About SEC?

MiFIR/MiFID II preparedness is top of mind at every firm I’ve recently visited, but that could be about to change. The SEC’s security-based swap (SBS) reporting threatens to be equally time-consuming and costly to participants as MiIFD II.


The Impact of ESMA’s Latest Revisions to MiFID II/MiFIR Reporting Standards

Adding a MiFIR/MiFID II Module to Validate.Trade is one of the next big areas of investment for Report-it.Trade. We have already developed a beta version based on the original ESMA drafts. The recent version of ESMA’s MiFID II / MiFIR Regulatory technical implementing standards– Annex I (RTS) has some notable differences to the previous draft version from a Transaction Reporting perspective and, therefore, from a Data Validation perspective too. I have summarized the points impacting Validate.Trade below.


Risk Focus Partners with Kaizen to deliver ‘MiFIR Readiness’ validation tool

NEW YORK, N.Y., November 4, 2015 – Risk Focus, a leading provider of Regulatory Trade Reporting solutions to the global capital markets, has engaged Kaizen Reporting, a leading regulatory reporting… Risk Focus Partners with Kaizen to deliver ‘MiFIR Readiness’ validation tool


Will SEC Security-Based Swap Reporting (SBSR) be as disruptive as MiFID II?

Over the last six months, MiFIR/MiFID II readiness is the one topic that has consistently been top of mind at every firm I’ve visited across the industry. Given the traction that our Report-it.Trade suite has gained this year for G20 reporting, one of the first questions we get is “what are you going to be doing for MiFID II?”


The kid at the front of the conference

On October 8, 2015, I had the pleasure of being on the dais for a panel discussion on “Reporting Regulations & Derivatives” at the Derivatives World Congress, bright and early in Chicago the morning after the Cubs beat the Pirates to advance to the NL Division Series against the Cardinals.

Needless to say, all of the locals in attendance were bleary-eyed and/or hung over. Yet, we kept the audience awake and engaged.