December 23, 2020 – Point Nine, has successfully integrated to International Exchange (ICE Trade Vault) as the new Trade Repository assuring post Brexit continuity to firms and central counterparties established in the UK who will be subject to the UK EMIR reporting regime.
Due to FCA statement all outstanding UTIs must be held in UK as of 31.12.2020, 11 pm. Therefore, all outstanding UTIs (as of 31.12.2020) should be reported once again on 04.01.2021. Point Nine, has successfully integrated with ICE Trade Vault and is fully ready to assure continuity to our clientele in relation to these changes and set to migrate all customer’s data within January 1st, 2021.
ICE Trade Vault was an easy selection, using an API (Application Programming Interface) connectivity guarantees the advantage of real-time submission and feedback while using an XML submission, provides us additional validations and flexibility for changes. ICE Trade Vault has the feature of full audit trail in all action types and levels made this Trade Repository selection decision a confident one.