Treasury Management Internation Logo

SunGard and REGIS-TR Streamline EMIR Reporting for Corporate Treasurers

Published 

SunGard and REGIS-TR, the European trade repository owned by Clearstream (Deutsche Börse Group) and Iberclear (BME), collaborated to help SunGard’s AvantGard Treasury customers meet their reporting obligation for over the counter (OTC) derivatives under the European Market Infrastructure Regulation (EMIR) when reporting started on February 12, 2014.

The EMIR reporting solution helps companies report all new trades, modifications, and early terminations of their OTC derivatives from their SunGard AvantGard treasury management system to a trade repository. The solution currently supports two-way connectivity for FX and Interest rate transactions with REGIS-TR, enabling companies to send their reports and receive and process confirmations directly from the SunGard Treasury solution. With this streamlined approach, companies can manage the whole process over the life of reported transactions.

Nicolas Boatwright, managing director of REGIS-TR said REGIS-TR has a range of participant and connectivity options, helping customers to remove the administrative burden of meeting their EMIR trade reporting obligations to the greatest extent possible. We have a diverse customer base and tailor our offering accordingly as we recognise that our corporate treasury participants will not necessarily need the exact same solution as, for example, a pan-European Clearing House or Universal Bank. Our connection to SunGard’s AvantGard Treasury solution offers our corporate treasury participants a highly efficient third party reporting option for making their reporting obligation less onerous.

We expect to continue to see many regulatory and accounting changes and therefore required a partner that would continuously invest to deliver functionality to meet the changing requirements. EMIR is that perfect example; where SunGard delivered an on-time solution, enabling us to report both sides of transactions, directly to REGIS-TR from our treasury management system, said Fergal O’Mongain, senior vice president of treasury, De Lage Landen International.

Many of our treasury customers needed to meet the February 12, 2014 deadline for EMIR (European Market Infrastructure Regulation) and we are proud to say that we helped them meet that deadline. SunGard aims to deliver solutions to our customers that help them navigate through their day-to-day operations as well as the ever-changing economic and regulatory environments.  Our reporting solution coupled with our relationship with REGIS-TR is helping our customers comply with the latest regulatory obligation, EMIR. said Paul Bramwell, senior vice president of treasury solutions, SunGard’s Corporate Liquidity business.

Most recent episodes

Trends in RFPs and RFIs: What Treasurers Want

Eleanor Hill (TMI) invites Dick Oskam and Bert Van Drie (ING) into the TreasuryCast hotseat to find out what trends treasurers want to see emerge from the Request for Proposal (RFP) and Request for Information (RFI)...

33:16

Creating a Connected Financial Office

When data flows are connected, it’s so much easier to make quick and accurate decisions. This is the principle behind the notion of the connected financial office. In this podcast, Gareth Priest (Bottomline Technologies) provides informed advice on how...

18:34

Journeys to Treasury: Managing Changing Perspectives

For this special edition of TreasuryCast, we showcase the results of the Journeys to Treasury 2021-22 report. Here, Jan Dirk van Beusekom (BNP Paribas) and Christian Mnich (SAP) offer Eleanor Hill (TMI) an informed view...

33:03

Cybersecurity for Treasurers

Cybercrime and fraud is on the rise and new attack vectors are emerging with alarming frequency. In this podcast, Nicolas Trimbour (BNP Paribas) and Laurent Sarrat (Sis ID) provide an overview of the latest tools and best practices treasurers should be employing...

37:53

A New Treasury Ecosystem: Open Banking, APIs, and BaaS

For this special edition of TreasuryCast, Eleanor Hill invites Peter Claus-Landi (GE) and Jared Smith (HSBC) to cover how key API-centric developments are changing the treasury landscape. With APIs significantly...

18:02

Using Data as the Corner for Finance Transformation

Many organisations face challenges in managing spend, payments, and cash effectively due to siloed processes and datasets across multiple departments. In this podcast, Ulrika Haug (Coupa) and Kim Estes (The Knot...

29:20

Realising Treasury’s True Value – A Strategy for Change

Join John Meehan (Froneri) to hear how Froneri utilised a year of no acquisitions and no meetings to implement a total transformation project through implementation of a TMS, unlocking the true value of his corporate...

49:14

Lessons from Innospec on Building a Strong Cash Culture

Without ready access to the key metrics of cash forecasting, Andrew Hawes (Innospec) knew the business could do little more than react to events. But without the collaboration of key stakeholders too, he knew that...

35:08

How to Make Your TMS the Ultimate Investment Tool

The right TMS can be a huge asset to treasury. But these one-stop shops often fall short when it comes to short term investment workflows. In this podcast, Ed Lopez, James Griffin (Calastone), Jeannot Jonas (Carrier...

01:24:00