Risk Focus, Inc., the leading provider of control and compliance solutions for regulatory trade and transaction reporting to the global capital markets, today announced the first implementation of Reportable.Trade. The trade reporting eligibility service allows banks to comply with the regulators’ trading volume reporting requirements and to avoid the potentially enormous fines and penalties resulting from under- or over-reporting derivatives transactions. Risk Focus works very closely with regulators to provide financial institutions with an exclusive regulatory trade reporting SLA; this unique commitment allows firms to stay ahead of regulations.
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