Leveraging Automation for MAS OTC Trade Reporting

Back in June, we provided an overview of the Monetary Authority of Singapore’s (MAS) Securities and Futures (Reporting of Derivatives Contracts) Regulations to serve as a tool for asset managers as they prepared to begin reporting their foreign exchange, commodity and equity derivatives contracts/trades.

In anticipation of the impending October 1^st deadline, many managers turned their attention to the power of automation to ensure compliance by providing the ability to:

• Source Files automatically from several internal systems to enrich and prepare all necessary trade and valuation files
• Identify mandatory errors to be corrected before submission
• Generate relevant CSV files to be uploaded to the DTCC portal
• Track on-time, late and missed submissions
• Reconcile incoming and outgoing trades with reconciliation reports

To help asset managers streamline their entire MAS reporting process, IVP Regulatory Reporting MAS module offers a number of specialized features including built-in DTCC and regulatory-defined errors, seamless integration with downstream trade repositories, data sourcing from upstream systems, and automatic report generation/submission.

Learn more about updates from Monetary Authority of Singapore’s (MAS)

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