RegTek.Solutions is proud to add UBS into its group of Global Swaps Dealers that license Validate.Trade for Trade Reporting Data Quality Surveillance.
UBS was the 6th G15 bank to sign up to our Validate.Trade platform. UBS is initially using Validate.Trade to enhance and streamline the development and testing of its proprietary reporting solutions. They have a full enterprise license for G20 Reporting to the DTCC Global Trade Repository [GTR], with comprehensive trade reporting coverage of ESMA European Markets Infrastructure Regulation [EMIR], Dodd-Frank/DFA for CFTC and SEC Security Based Swap Reporting [SBSR], Australian Securities and Investment Commission [ASIC], Monetary Authority of Singapore [MAS], Hong Kong Monetary Authority [HKMA], Canadian Securities Administrators [CSA], Japan Financial Services Agency, as well as future regulations that will be met by the DTCC, for example Securities Financing Transactions Regulation [SFTR].
Brian Lynch – CEO of RegTek.Solutions said “Having enjoyed a long and happy career at UBS I was particularly excited to get them on-board.”
Validate.Trade is used by many of the largest banks in the world, as well as a number of other sell side organizations and intermediaries who use Validate.Trade as both a Pre-Production and Production level control to monitor and improve the accuracy and integrity of trade & transaction reporting.