XML.Cov.Vert refers to our sophisticated solution of validating and converting predefined CSV files to the ISO 20022 XML format required by the pertinent Trade Repositories.
Relevant Regulation: Derivative transaction reporting jurisdictions that require ISO 20022 XML format.
Start Date: N/A
Regulation Type: Regulatory Reporting
Types of firms affected: Supervisory Authority: ESMA, FCA, ASIC, MAS, and others.
Our XMLCon.Vert Service leverages a diligently crafted template to seamlessly convert CSV data into the requisite XML format mandated by the chosen Trade Repository (TR) during your onboarding journey. Our methodical approach ensures compliance with the utmost accuracy, sparing you the arduous burden of manual conversion tasks.
Key features:
Conversion of client-provided CSV files to the required ISO 20022 XML format.
Formatting and schema validations based on ISO 20022 XML schema.
Single solution covering all asset classes across many derivative transaction reporting
jurisdictions that require ISO 20022 XML format (e.g. EU/UK EMIR, ASIC, MAS, etc).
Fully automated, streamlined reporting cycle.
User-friendly interface that simplifies the process of file conversion.
Option for UPI integration with ANNA-DSB.
Effortless rectification of errors that failed validation with inline editing.
Adapts to the specifications of established Trade Repositories (e.g. DTCC, LSEG, REGIS-TR, KDPW).
Benefits:
Offered as a SaaS solution through Polaris platform hosted on AWS, ensuring high availability
of services, Disaster Recovery, outstanding uptime service, and GDPR compliance.
Cost-efficient service designed to provide exceptional value without compromising on quality.
Scalable solution, adapting effortlessly to varying data volumes.
A comprehensive compliance-focused approach ensuring data accuracy, completeness, and timeliness.
Solution includes:
Seamless compliance with evolving regulations and industry standards, ensuring adaptability
to ongoing changes for sustained data integrity.
Comprehensive and easy-to-follow user guides.
Support for queries regarding the service and regulatory updates.