1.2 Release Enhancements

European Market Infrastructure Regulation (EMIR) regulatory reporting changes for Derivatives and Options Modules

As per EMIR reporting regulation applicable to OTC trades, certain parameters are introduced in Treasury product which can assist a third-party reporting system to report OTC trades as per the required format. Fields related to Nature of the Entity, LEI Code, and Sector details are introduced in the Treasury Bank Parameter screen to define the respective parameters for the bank as an entity.

In the DV & OT contract online screen, Reporting Details placeholders for UTI details, Other agreement type, Reporting Obligation and Execution Venue are introduced.

53a: Delivery agent changes for Foreign Exchange and Money Market Modules

The Sender’s Correspondent field is introduced in the Treasury Settlement Instruction maintenance screen and settlement subsystem to capture the delivery agent as per SWIFT standards. This field identifies the financial institution from which party A will transfer the funds. The confirmation messages generated will stamp tag 53a: Delivery agent with details maintained in the field Sender’s Correspondent at deal level.