Ullink Reveals its Pan-European MiFID II Trade Reporting Solution
- MiFID II comes into effect in January 2018 with the aim of improving the transparency of markets in financial instruments.
Ullink, a provider of trading technology and infrastructure for market participants, has launched a Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term class Mifid II trade reporting solution to offer firms a single trade reporting venue that complements MiFID and EMIR transaction reporting services. The new product will cover all pre- and post- trade reporting services and is launched on the back of demand amid looming Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term in the form of MiFID II.
MiFID II comes into effect in January 2018 with the aim of improving the transparency of markets in financial instruments. However, it brings many challenges to buy and sell-side investment firms, not least the requirement to publish trades to the market as close to real time as possible.
The new Ullink Trade Reporting solution will start by covering several markets, and is intended to provide a central dashboard that ensures a multi-asset pan-European reporting solution to help customers meet all of their new trade reporting obligations. It also includes Smart Report Routing logic for selecting amongst APAs based on business rules to optimise trade reporting costs.
Richard Bentley, Chief Product Officer at Ullink, commented: “With MiFID II implementation drawing closer, there is increasing pressure on firms to deploy automated solutions for trade reporting that can apply the rules correctly, to eliminate possibility of over- or under-reporting. The changing APA landscape also focuses attention on centralised solutions which can process input from multiple front-office Order Management Systems, across asset classes. The new Ullink Trade Reporting solution is a powerful addition to Ullink’s portfolio, aimed at alleviating the burden of new regulations for post-trade workflows.”
Ullink, a provider of trading technology and infrastructure for market participants, has launched a Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term class Mifid II trade reporting solution to offer firms a single trade reporting venue that complements MiFID and EMIR transaction reporting services. The new product will cover all pre- and post- trade reporting services and is launched on the back of demand amid looming Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term in the form of MiFID II.
MiFID II comes into effect in January 2018 with the aim of improving the transparency of markets in financial instruments. However, it brings many challenges to buy and sell-side investment firms, not least the requirement to publish trades to the market as close to real time as possible.
The new Ullink Trade Reporting solution will start by covering several markets, and is intended to provide a central dashboard that ensures a multi-asset pan-European reporting solution to help customers meet all of their new trade reporting obligations. It also includes Smart Report Routing logic for selecting amongst APAs based on business rules to optimise trade reporting costs.
Richard Bentley, Chief Product Officer at Ullink, commented: “With MiFID II implementation drawing closer, there is increasing pressure on firms to deploy automated solutions for trade reporting that can apply the rules correctly, to eliminate possibility of over- or under-reporting. The changing APA landscape also focuses attention on centralised solutions which can process input from multiple front-office Order Management Systems, across asset classes. The new Ullink Trade Reporting solution is a powerful addition to Ullink’s portfolio, aimed at alleviating the burden of new regulations for post-trade workflows.”