With much of Europe and other global jurisdictions entering a second stint of lockdowns, we can be reasonably confident that markets will cope well this time around. The second lockdown coincides with the traditional end of the budgeting season. It may well lead many firms to make late re-prioritisation decisions as they contemplate making working from home and remote trading a more likely, and even desirable, event going forward. The drive to cut costs and work more efficiently may dovetail with the ramifications of the “new normal”. Attention is likely to focus on areas that have caused some concern during the first lockdown.
Eurobase, a leading provider of treasury management solutions, sales desk and customer trading portals, has extended its MiFIR trade and transaction reporting function for its customers to include Bloomberg’s RHUB service. Introduced in January 2018, this new regulation aims to make financial markets more open, efficient, resilient and transparent.
London – 1th November 2017 – Eurobase, the provider of treasury front-office and customer trading portals today announce a new partnership with a major player & boutique derivatives OTF (Organised Trading Facility), to deliver its MiFID II solution, siena Regulatory Reporter. The solution, already deployed at corporate banks, supports both best execution compliance from the earliest client interactions, through to satisfying reporting obligations in a single, compact application.
Date: 30th October 2017, London: Eurobase International and Aqua Global Solutions today announce a collaboration to provide an end-to-end Treasury, eTrading and Payment solution for the banking and corporate markets.
ACI Russia Congress passed June 8, 2017, in the hotel Regis Nikolskaya. It was attended by more than 200 people. The main topic of the forum was the discussion of the FX Global Code, which was the result of a two-year work of representatives of central banks and leading market participants under BIS umbrella and was published in the final version on May 25, 2017.
London, May 30th 2017 – Eurobase is pleased to announce that it has concluded a partnership agreement with the London Stock Exchange’s UnaVista to automate the Trade and Transaction Reporting functions required under MiFID II. A leading provider of Front Office Treasury and white-labelled eTrading solutions, Eurobases siena Regulatory Reporter offers a complete end-to-end MiFID II solution.
David Woolcock Eurobase's Banking Director for Business Consulting has been serving on the Market Participants Group which was instrumental in drafting the Global Code of Conduct for FX. The MPG was established by the FX Working Group at the Bank for International Settlements in Basle to work on the Global Code and the full code was published this morning. The code is likely to be a game changer for the foreign exchange market and as firms move to commitment and adherence they will concentrate on adapting the principles of the code into their workflows. The code will afford the opportunity to detect and resolve issues before they become a regulatory matter. David looks forward to discussing the ramifications of the code with the Eurobase customers and prospects now that the publication milestone has been passed.
Eurobase International Group is pleased to announce a new partnership with FSAssist - a leading supplier of regulatory reporting software to insurance companies. This partnership will enable Eurobase to provide full solvency II regulation and compliance that can be reported on efficiently. Created in London, FSAssist is a Microsoft® Excel application which allows insurance companies to produce their Annual PRA NDF Return in a familiar spreadsheet environment.
The eternally tricky subject of last look is being reviewed by the Committee for Professionalism (CFP) at ACI– The Financial Markets Association with a view to a potential re-write of guidelines published in ACI’s Model Code.