Platinum Asset Management Goes Live with Catena and CME for OTC Derivatives Trade Reporting
11th September 2018 - Catena Technologies today announced that Platinum Asset Management, an equity-focused Australian investment manager, has gone live using the Catena TRACE Reporting™ solution to report OTC derivatives information to the Australian Securities and Investments Commission (ASIC). TRACE Reporting connected to CME Group’s Trade Repository service in Australia to perform trade reporting for Platinum.
"We are pleased to extend our trade reporting coverage to CME Group," said Aaron Hallmark, CEO of Catena. "Our integration with CME Group’s Trade Repository demonstrates our ability to easily adapt to new platforms. Likewise, Catena’s effective management and implementation capabilities enable the TRACE Reporting platform to support new regulatory reporting regimes, such as Europe’s Securities Financing Transactions Regulation (SFTR)."
Catena Technologies' TRACE Reporting system enables financial institutions to report OTC derivatives trades to regulators across the globe via trade repositories. The system manages the end-to-end reporting and reconciliation workflow by automatically capturing, calculating, enriching, transforming, and submitting the required information to trade repositories. It can also reconcile trade repository data with a firm’s in-house and external data sources. Catena TRACE Reporting is a dedicated platform that manages all functional requirements for trade reporting, including cross-asset coverage, valuation and collateral reporting, reconciliation, and multi-jurisdiction support, including ASIC, MAS, HKMA, EMIR, and MiFID II.
"CME Group is pleased to work with with Catena in providing customers with robust and cost-effective trade reporting solutions," said Jonathan Thursby, Head of Global Repository Services, CME Group. "With trade repositories licensed in Australia, Canada, Europe and the United States, CME Group is well-placed to help our clients fulfil their reporting obligations. Connecting to firms like Catena to provide reporting across multiple trade repositories will bring clear benefits to our customers in Australia and other markets."
About Catena Technologies Pte Ltd
Catena Technologies Pte Ltd specializes in architecture, design, and delivery of advanced technology solutions for the financial services industry. Based in Singapore, the company has worked with customers across the world, including the U.S., U.K., Japan, Hong Kong, Australia, Singapore, and China. Catena Technologies combines in-depth knowledge of the financial markets with expertise implementing cutting-edge solutions.
About CME Group
As the world's leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. Around the world, CME Group brings buyers and sellers together through its CME Globex® electronic trading platform. CME Group also operates one of the world's leading central counterparty clearing providers through CME Clearing, which offers clearing and settlement services across asset classes for exchange-traded and over-the-counter derivatives. CME Group products and services ensure that businesses around the world can effectively manage risk and achieve growth.
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For more information, contact:
Catena Technologies Pte Ltd
3 Phillip Street
#10-01 Royal Group Building
Republic of Singapore
Phone: +65 6100 0881
Fax: +65 6399 0881