Canadian Reporting
Our Canadian Reporting refers to a comprehensive Derivatives Reporting Service designed to ensure compliance, efficiency, and regulatory alignment, and to provide accurate and timely reporting for all derivatives transactions.
Challenges
- Analysis & interpretation of complex Canadian regulation and TR requirements
- Dedicated resources for technology, infrastructure and regulatory aspects
- Extra effort, time and costs required
Risks
- Lack of expertise that might lead to errors in your reporting
- Missing regulatory updates that may affect your reporting
- Limited capacity for daily monitoring of reporting and meeting the requirements
Key features
- Automated Reporting: Simplifies compliance with efficient, fully automated reporting workflows.
- Data Accuracy and Transparency: Rigorous validation processes for precision and enhanced audit trails.
- Scalable and Secure: Flexible architecture tailored for firms of all sizes, backed by advanced data security.
- User-Friendly Reporting Portal: Seamlessly report and monitor transactions with our intuitive Polaris Portal dashboard for complete control and management.
Benefits
- Cost-efficient integrated reporting solution provided under a single platform
- Lower technology costs as a result of eliminating the need to connect to multiple TRs
- Integrated dashboard that provides a holistic view of all reports across all participants and TRs
- Single solution for all asset classes
- Comprehensive regulatory reporting IT infrastructure resulting in long term cost efficiencies
Solution Includes
- A team of specialists that will set up the service and provide training on extracting specific, relevant data as needed
- Canadian training throughout the implementation process to ensure that key personnel understand the regulation and process
- Support to answer any queries regarding the system and regulatory updates
- Integration with an authorised TR
- Daily tracking of reporting