Gold-i, a trading systems integration specialist, is launching a regulatory reporting tool for MT4 brokers, thanks to a partnership with Confisio, a provider of regulatory, compliance and operational solutions for the financial services industry.

Gold-i Reg Reporting, aimed at brokers of all sizes, promises to provide a fully automated, cost-effective, end-to-end, real-time solution. Whilst the initial focus is on EMIR reporting, Confisio’s products and services also deal with post-trade processing and reporting in every jurisdiction in the world so it can be expected that the coverage will expand.

With this new service, Gold-i clients can meet all their legal reporting requirements through a single interface. The Gold-i software collects and consolidates all client data, which is then automatically forwarded to Confisio where the reports are collated, enriched in a compliant manner and submitted to the approved Trade Repositories. In simple terms, Confisio’s Genesis platform absorbs post-trade raw data and converts this into meaningful streamlined reports.

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Tom Higgins, CEO of Gold-i comments, “EMIR reporting is complex and can be very time consuming. We recognised the need to help our clients to find a simple, lean and automated means of meeting their regulatory obligations and are delighted to partner with Confisio to launch our new service. Confisio has a proven track record in EMIR compliance, having already reported 300 million transactions on behalf of its customers, ensuring reporting requirements are rapidly and accurately met. A market leader in their field, they are an ideal partner for us, helping us to provide customers with a reliable, seamless reporting service across all asset classes and jurisdictions.”

Andreas Roussos, Head of Sales and Alliances at Confisio Group adds, “A key part of Confisio’s strategy is to build on its strategic relationships and establish collaborations with leading technology providers in order to help us further broaden our reach. We selected Gold-i because of its impressive client base and strong reputation for excellence. We are very much looking forward to a long and successful partnership with them.”

Confisio’s Genesis, which utilises Traiana’s TR Connect, provides an automated regulatory reporting solution via comprehensive static data management, connectivity and enrichment, enabling participants to comply with reporting regulations within the timeline set by ESMA. Steve French, Director Regulatory Product Strategy, Traiana, commented: “As the leading provider of post-trade regulatory solutions, we are delighted that TR Connect delivers the underlying infrastructure for the Gold-i Reg Reporting and Confisio Genesis EMIR reporting service. ”