Catena Technologies Launches Support for MAS Commodity and Equity Derivative Trade Reporting
21 Aug 2018 - Catena Technologies today announced that its TRACE Reporting system now provides support for the Singapore Monetary Authority’s (MAS) requirement to report OTC derivative trades for commodities and equities. The MAS reporting requirements take effect starting on 31 October 2018.
"Adding support for MAS commodity and equity derivative trade reporting to TRACE shows our ongoing commitment to keeping pace with regulatory changes that are occurring across G20 global regulatory jurisdictions," said Aaron Hallmark, CEO of Catena Technologies. "We are also committed to helping customers minimize the impact of changes that the trade repositories require. Customers that use TRACE Reporting experienced a smooth and low-effort transition to the re-architected DTCC GTR 2.0 trade repository in Asia Pacific. This highlights the value that TRACE Reporting provides in shielding customers from the extensive technical work that is necessary to keep up with these changes."
Catena Technologies' TRACE Reporting system enables financial institutions to report derivatives trades to regulators across the globe via trade repositories. The system manages the end-to-end reporting and reconciliation workflow by automatically capturing, calculating, enriching, transforming, and submitting the required information to trade repositories. It can also reconcile trade repository data with a firm’s in-house and external data sources. Catena TRACE Reporting is a dedicated platform that manages all functional requirements for trade reporting, including cross-asset coverage, valuation and collateral reporting, reconciliation, and multi-jurisdiction support, including ASIC, MAS, HKMA, EMIR, MiFID II, and the upcoming SFTR.
About Catena Technologies Pte Ltd
Catena Technologies Pte Ltd is a Fintech company that specializes in architecture, design, and delivery of advanced technology solutions for the financial services industry. Headquartered in Singapore, the company has provided products and services to customers across the world, including the U.S., U.K., Europe, and Asia. Catena Technologies combines in-depth knowledge of the financial markets with expertise implementing cutting-edge solutions.
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Catena Technologies Pte Ltd
3 Phillip Street
#10-01 Royal Group Building
Republic of Singapore
Phone: +65 6100 0881