IHS Markit Expands MarkitSERV Trade Reporting Solution in Asia and Europe with Connections to CME Group
May 22 2018 - 8:00PM
Business Wire
IHS Markit (Nasdaq: INFO), a world leader in critical
information, analytics and solutions, today announced that it has
expanded its MarkitSERV Integrated Reporting solution to CME
Group’s Trade Repositories in Australia (ASIC) and Europe
(EMIR).
Integrated Reporting, part of a suite of trade reporting
services from MarkitSERV, supports multiple asset classes,
repositories and jurisdictions. It provides a controlled and
customizable solution for regulatory reporting, supplying clients
with static data management, business rules, dashboards, workflow
and reconciliation tools. The service accepts trade, pricing and
collateral data from a range of trading venues, client systems,
core MarkitSERV platforms and other IHS Markit services.
“Our global offering connects to multiple repositories and
reporting regimes,” said Julian Chesser, managing director and head
of MarkitSERV in Asia. “Bringing CME Group to our comprehensive
reporting service provides the choice, flexibility and efficiencies
that we know our customers seek. We also help firms meet
regulators’ increasing demands for improved data quality through
seamless aggregation of golden source transaction data, data
enrichment, compliance rules and audit functions.”
“CME Group is pleased to partner with IHS Markit to establish a
best in class solution to help market participants with their
derivatives trade reporting requirements, and the roll out of this
integrated reporting solution from MarkitSERV is evidence of the
growing demand for efficient and effective trade repository
solutions,” said Jonathan Thursby, executive director, head of
global repository services, CME Group. “With trade repositories
licensed in Australia, Canada, Europe and the United States, all
offering efficient technology, dependable operations, low cost
structure and global coverage, CME Group is well-placed to help our
clients fulfil their reporting obligations.”
MarkitSERV’s reporting solutions cover all classes of OTC
derivatives, exchange-traded derivatives, valuation and collateral
reporting, and other fixed income products subject to regulatory
reporting. In additional to EMIR and ASIC reporting regimes, it
also covers Canada, Europe (MiFID II), Hong Kong (HKMA), Japan
(JFSA), Singapore (MAS) and the United States (CFTC).
Integrated Reporting sources certain technology from Catena
Technologies, a leading provider of web-based regulatory reporting
and technology consultancy services.
About IHS Markit
(www.ihsmarkit.com)
IHS Markit (Nasdaq: INFO) is a world leader in critical
information, analytics and solutions for the major industries and
markets that drive economies worldwide. The company delivers
next-generation information, analytics and solutions to customers
in business, finance and government, improving their operational
efficiency and providing deep insights that lead to well-informed,
confident decisions. IHS Markit has more than 50,000 business and
government customers, including 80 percent of the Fortune Global
500 and the world’s leading financial institutions.
About CME Group
(www.cmegroup.com)
As the world's leading and most diverse derivatives marketplace,
CME Group is where the world comes to manage risk. CME Group
exchanges offer the widest range of global benchmark products
across all major asset classes, including futures and options based
on interest rates, equity indexes, foreign
exchange, energy, agricultural
products and metals. Around the world, CME Group brings
buyers and sellers together through its CME Globex® electronic
trading platform. CME Group also operates one of the world's
leading central counterparty clearing providers through CME
Clearing, which offers clearing and settlement services across
asset classes for exchange-traded and over-the-counter derivatives.
CME Group products and services ensure that businesses around the
world can effectively manage risk and achieve growth.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex and E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT, Chicago Board of Trade, KCBT and Kansas City Board of
Trade are trademarks of Board of Trade of the City of Chicago, Inc.
NYMEX, New York Mercantile Exchange and ClearPort are trademarks of
New York Mercantile Exchange, Inc. COMEX is a trademark of
Commodity Exchange, Inc. Dow Jones, Dow Jones Industrial Average,
S&P 500 and S&P are service and/or trademarks of Dow Jones
Trademark Holdings LLC, Standard & Poor's Financial Services
LLC and S&P/Dow Jones Indices LLC, as the case may be, and have
been licensed for use by Chicago Mercantile Exchange Inc. All other
trademarks are the property of their respective owners.
IHS Markit is a registered trademark of IHS Markit Ltd. and/or
its affiliates. All other company and product names may be
trademarks of their respective owners © 2018 IHS Markit Ltd. All
rights reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20180522006231/en/
IHS MarkitAlex Paidas, +1
212-205-7101alex.paidas@ihsmarkit.comorDanny Cheung, +65 6439
6192danny.cheung@ihsmarkit.comorPress Team, +1
303-305-8021press@ihsmarkit.com
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