Regtech and tax reporting solution provider Regnology has joined REGIS-TR’s Partnership Programme.
Regnology’s membership to the programme will facilitate transaction reporting for its customers ahead of the implementation phase of European Market Infrastructure Regulation (EMIR) REFIT.
The official partnership is a continuation of the common work in transaction reporting, offering end-to-end solutions and services to increase efficiency within the regulatory reporting market.
REGIS-TR continues to expand its partnership programme with a wide range of partners who will benefit from operational advantages and greater levels of efficiency upon joining, the company says.
Commenting on the partnership, Nick Bruce, head of business development for REGIS-TR says: “We have worked closely with the Regnology team for many years, and we are delighted to formally add them to our portfolio of partners. Regnology shares our vision of working towards safe, strong and transparent financial markets by providing leading technologies along the regulatory value chain.”
Alexander Becht, head of transaction reporting at Regnology, comments: “REGIS-TR has been a strong and reliable partner for us and our customers for over eight years. We are now further strengthening this close cooperation by signing an official partnership agreement.
“The partnership has come at the perfect time as we enter the 18-month implementation phase of EMIR REFIT, during which all market participants need to adopt new connectivity based on the ISO 20022 standard. It is more important than ever to have stable and reliable solutions for transaction reporting.”
