Oslo B酶rs signs agreement with UnaVista
18 December 2018 Oslo
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Image: Shutterstock
Oslo B酶rs has partnered with UnaVista to provide transaction reporting for UnaVista鈥檚 trading members.
According to Oslo B酶rs, a transaction reporting agreement with UnaVista will enable Oslo B酶rs to regain the opportunity to onboard trading members to Oslo B酶rs domiciled in countries outside the EU/European Economic Area (third country members).
It will also help UnaVista prepare for Brexit and give UnaVista the ability to retain existing UK-based members in the event of a "hard-Brexit".
UnaVista, part of The London Stock Exchange (LSEG), is an approved reporting mechanism (ARM) helping firms fulfil their compliance obligations for global regulations including the second Markets in Financial Instruments Directive (MiFID II), European Market Infrastructure Regulation and the 网爆吃瓜 Financing Transactions Regulation.
According to Oslo B酶rs, UnaVista鈥檚 collection of solutions and capabilities will ensure that Oslo B酶rs and its members fulfil their regulatory reporting obligations in an efficient way.
Oslo B酶rs and its member firms will also be able to benefit from UnaVista鈥檚 experience in areas such as continuing professional development-certified regulatory training, technical platform training and extensive product documentation.
The transaction reporting will be based on a tri-party partnership. Oslo B酶rs and relevant trading members will maintain separate agreements with UnaVista.
UnaVista helps a variety of market participants report more than 8 billion transactions annually for EMIR and Markets in Financial Instruments Regulation across all asset classes.
Oslo B酶rs previously worked closely with LSEG in 2009 in areas such as technology development and shared data centres.
Bente Landsnes, CEO and president of Oslo B酶rs, said: 鈥淯naVista will provide more than just a platform. Oslo B酶rs is confident UnaVista will help Oslo B酶rs and our customers to fulfil regulatory reporting obligations.鈥�
Wendy Collins, managing director, global head of partners at UnaVista, commented: 鈥淭his partnership continues to build on the existing relationship between LSEG and Oslo B酶rs allowing their member firms to utilise UnaVista鈥檚 market-leading ARM capabilities.鈥�
According to Oslo B酶rs, a transaction reporting agreement with UnaVista will enable Oslo B酶rs to regain the opportunity to onboard trading members to Oslo B酶rs domiciled in countries outside the EU/European Economic Area (third country members).
It will also help UnaVista prepare for Brexit and give UnaVista the ability to retain existing UK-based members in the event of a "hard-Brexit".
UnaVista, part of The London Stock Exchange (LSEG), is an approved reporting mechanism (ARM) helping firms fulfil their compliance obligations for global regulations including the second Markets in Financial Instruments Directive (MiFID II), European Market Infrastructure Regulation and the 网爆吃瓜 Financing Transactions Regulation.
According to Oslo B酶rs, UnaVista鈥檚 collection of solutions and capabilities will ensure that Oslo B酶rs and its members fulfil their regulatory reporting obligations in an efficient way.
Oslo B酶rs and its member firms will also be able to benefit from UnaVista鈥檚 experience in areas such as continuing professional development-certified regulatory training, technical platform training and extensive product documentation.
The transaction reporting will be based on a tri-party partnership. Oslo B酶rs and relevant trading members will maintain separate agreements with UnaVista.
UnaVista helps a variety of market participants report more than 8 billion transactions annually for EMIR and Markets in Financial Instruments Regulation across all asset classes.
Oslo B酶rs previously worked closely with LSEG in 2009 in areas such as technology development and shared data centres.
Bente Landsnes, CEO and president of Oslo B酶rs, said: 鈥淯naVista will provide more than just a platform. Oslo B酶rs is confident UnaVista will help Oslo B酶rs and our customers to fulfil regulatory reporting obligations.鈥�
Wendy Collins, managing director, global head of partners at UnaVista, commented: 鈥淭his partnership continues to build on the existing relationship between LSEG and Oslo B酶rs allowing their member firms to utilise UnaVista鈥檚 market-leading ARM capabilities.鈥�
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