TR Accuracy Product Release – 06/11/2023

Ref

Product

Chnage

Affected feature

Client description

Issue key

1

Accuracy: EMIR

Fix: Validation

E143 – Product identification (2.6) and Asset Class (2.2) mismatch: Credit

We have amended an issue with validation underflagging when ISIN is not available.

DEV-3265

2

Accuracy: EMIR

Fix: Validation

E130 – Option exercise style (2.79) – FIRDs Mismatch

We have amended validation to correctly flag for “Option Exercise Style” = ‘Other’.

DEV-3239

3

Accuracy: EMIR

Fix: Validation

E7 – Reporting Counterparty ID (1.2) with no reporting obligation based on HQ location

We have updated the validation to include EEA countries, rather than just EU countries.

DEV-3268

4

Accuracy: MiFIR

Enhancement: Validation

M121 – Net amount (35) blank for debt instrument

Amended validation logic to avoid double flagging cases already flagged by core validation MC111 and MC262.

DEV-3267

5

Accuracy: MiFIR

Fix: Validation

M109 – Underlying index name not populated where underlying is an index

We have corrected an issue with validation not being triggered.

DEV-3324

6

Accuracy: MiFIR

Fix: Validation

M106c – Underlying (47/48) not identified – overreporting (“Instrument identification code” (41) listings are outside of trading dates)

Amended validation logic to avoid double flagging cases already flagged by core validation MC220.

DEV-3295

7

Accuracy: All Regimes

Enhancement: MI

TR Accuracy: Statistics

We have amended the Statistics report to generate separate tab (report) for each client entity, as defined in ‘Client Configurations’ reference data file.

DEV-3075

8

Accuracy: All Regimes

Enhancement: MI

TR Accuracy: Benchmarking, TR Accuracy: Statistics

We have reorganized the Statistics and Benchmarking reports generated on TRAC tool by splitting these reports into two separate files for more clarity.

DEV-1970

9

Accuracy: All Regimes

Reference data

Client Reference Data: Fund Managers

We have added new fields to ‘Fund managers’ reference data to allow clients to indicate sub-funds, funds set up exclusively for the purpose of serving employee share purchase plans and funds that are securitisation special purpose entities. New fields were added for the purposes of EMIR REFIT validations.

DEV-1940

10

Accuracy: All Regimes

Reference data

Client Reference Data: Client Configurations

New field added to allow clients to indicate where reporting was delegated to a third party. New field was added for the purposes of EMIR REFIT validations.

DEV-3218

11

Accuracy: All Regimes

New Report Configuration

Reports settings

We have added a new functionality on the Portal to allow client choose fields to be visible on the output details reports.

DEV-1089

12

Accuracy: TRAC Portal

Portal UI

Portal Menu

We have reorganized the left hand side menu on the portal by creating a new section for reports.

DEV-3224

13

Accuracy: Action Log

Portal Configuration

Action Log

We have added new dropdown options to Action Items to allow tracking ongoing projects: TR Direct (Product field) and EMIR Refit (Regime field).

DEV-3259

14

Accuracy: Action Log

Bug

Action Log

We have improved user experience on Action Logs – filtering will not be lost when Action Item dialog box is closed.

DEV-3326