Oslo B繪rs signs agreement with UnaVista
18 December 2018 Oslo
Image: Shutterstock
Oslo B繪rs has partnered with UnaVista to provide transaction reporting for UnaVistas trading members.
According to Oslo B繪rs, a transaction reporting agreement with UnaVista will enable Oslo B繪rs to regain the opportunity to onboard trading members to Oslo B繪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 厙惇勛圖 Financing Transactions Regulation.
According to Oslo B繪rs, UnaVistas collection of solutions and capabilities will ensure that Oslo B繪rs and its members fulfil their regulatory reporting obligations in an efficient way.
Oslo B繪rs and its member firms will also be able to benefit from UnaVistas 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繪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繪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繪rs, said: UnaVista will provide more than just a platform. Oslo B繪rs is confident UnaVista will help Oslo B繪rs and our customers to fulfil regulatory reporting obligations.
Wendy Collins, managing director, global head of partners at UnaVista, commented: This partnership continues to build on the existing relationship between LSEG and Oslo B繪rs allowing their member firms to utilise UnaVistas market-leading ARM capabilities.
According to Oslo B繪rs, a transaction reporting agreement with UnaVista will enable Oslo B繪rs to regain the opportunity to onboard trading members to Oslo B繪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 厙惇勛圖 Financing Transactions Regulation.
According to Oslo B繪rs, UnaVistas collection of solutions and capabilities will ensure that Oslo B繪rs and its members fulfil their regulatory reporting obligations in an efficient way.
Oslo B繪rs and its member firms will also be able to benefit from UnaVistas 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繪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繪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繪rs, said: UnaVista will provide more than just a platform. Oslo B繪rs is confident UnaVista will help Oslo B繪rs and our customers to fulfil regulatory reporting obligations.
Wendy Collins, managing director, global head of partners at UnaVista, commented: This partnership continues to build on the existing relationship between LSEG and Oslo B繪rs allowing their member firms to utilise UnaVistas market-leading ARM capabilities.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 厙惇勛圖 Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 厙惇勛圖 Finance Times