Point Nine announces development of FIS Trade Reporting Manager

Rick Steves

It collects raw data across all asset classes from multiple sources, performs data mapping, includes rich market data, and automatically translates, validates, and submits reports that meet specific regulatory requirements.

cyprus binary options

Cyprus-based Regtech firm Point Nine has announced a synergistic partnership with FIS to seamlessly extend its service and expertise to its valued customers.

Point Nine is a dedicated regulatory reporting firm focusing on the provision of trade and transaction reporting services to legal entities across the globe.

New reporting product ensures timelines and accuracy

The firm has processed and reported more than 7 billion transactions across all asset classes since 2015, with a proven track record of 99.95% submissions success in EU/UK transaction reporting.

Andreas Roussos, Chief Executive Officer of Point Nine, said: “We are thrilled to be selected by FIS to power Trade and Transaction Reporting together. We are proud to engage in this partnership with an S&P 500 firm and we are looking forward to strengthening and developing this partnership further towards achieving common goals”.

“The data which are necessary for firms to ensure timely and accurate reporting are segregated amongst multiple systems, data formats and 3rd parties. By leveraging FIS’ vast amounts of trade data and Point Nine’s capabilities we are thrilled to present FIS Trade Reporting Manager with Point Nine: aiming to ensure timelines and accuracy in reporting whilst reducing costs and associated risks.”

The FIS Trade and Transaction Reporting Manager with Point Nine offers an end-to-end, cloud-based solution for improved trade and transaction reporting efficiency and effectiveness, the firm explained.

It collects raw data across all asset classes from multiple sources, performs data mapping, includes rich market data, and automatically translates, validates, and submits reports that meet specific regulatory requirements.

Plus, the expert exception management service consists of two major components – email notifications, and the expertise to drill down and quickly resolve any potential issues.

Founded in 2002, Point Nine collaborates with both buy- and sell-side financial firms, service providers, and corporations to help them ensure high-quality and accurate reporting to remain compliant with the following:

Point Nine uses their in-house proprietary technology, to provide an in-class solution to all customers and regulatory reporting requirements.

 

Read this next

blockdag

30,000x ROI Potential: BlockDAG Secures $33.5M in Presale, Outruns Retik Finance’s Bitmart Performance

Uncover how BlockDAG’s impressive $33.5M presale and its innovative platform draw investors away from Retik Finance following the Bitmart listing.

blockdag

IT Professional Switches to Lucrative Crypto Mining Entrepreneur with BlockDAG’s Advanced Mining Technology

Learn how an IT pro turned Litecoin mining into a fortune. See if BlockDAG can match this with advanced mining tech and 30,000X ROI potential.

blockdag

May 2024 Crypto Spotlight: Why Whales Are Choosing BlockDAG Over Retik Finance, Will CoinW & P2B Listing Save $RETIK?

Uncover why BlockDAG is winning over smart investors in May 2024, and surpassing Retik Finance’s performance on exchanges like CoinW and P2B.

blockdag

Ethereum Leads Altcoins Toward a Huge Rally: Expert Top Picks for Altseson Unveiled

A fresh surge in alternative cryptocurrencies is building momentum as Ethereum leads the charge.

Chainwire

BEVM Unveils Groundbreaking Taproot Consensus for Decentralized Bitcoin Layer 2 Solution

On May 20, 2024, the Bitcoin Layer2 development team BEVM released the technical yellow paper titled “Taproot Consensus: A Decentralized BTC Layer2 Solution.”

blockdag

AI Cryptos to Pump Hard After NVIDIA’s Q1 Earnings 📊

The recent earnings from a tech giant have hinted at a significant upswing for AI-focused cryptocurrencies.

Retail FX

Weekly Roundup: Republican to end Fed, Bankman-Fried moves to California

Let’s take a look back at top stories that dominated the financial markets in our Weekly Round coverage. This week’s digest takes a deep dive into the most recent events and trends within the Forex, Fintech, and cryptocurrency.

blockdag

BlockDAG’s $32.8M Presale Outshines Retik Finance’s MEXC Listing, Featuring Cutting-Edge Dashboard Innovations

Explore how BlockDAG’s innovations overshadow Retik Finance’s MEXC debut, attracting investors to its vibrant platform for unparalleled gains.

blockdag

Top Altcoins To Watch: BNB And Injective Signal Market Upswing, BlockDAG’s Dashboard Spurs Investor Enthusiasm As Presale Surpasses $32.9M

BlockDAG outshines in our comparison of BNB Breakout Prediction, Injective (INJ) News, and Top Altcoins to Watch. Discover why BlockDAG is the best choice.

<