TR ACCURACY PRODUCT RELEASE – 28.11.2022
November 21, 2022
We have the following features due for release on the 28th of November at 0700 UK local time.
- MiFIR 1 new ingestion format added, 2 ingestion format amendments, 1 definition update;
- MiFIR Core 2 validation amendments;
- EMIR 1 validation amendment, 1 ingestion logic amendment;
- EMIR Reconciliation 1 MI report amendment;
- Portal 1 report setting enabled, Reference data search amended, Action Log – 1 functionality amendment;
WHAT DO YOU NEED TO DO?
All users are recommended to re-start their TRAC desktop tool after the release. Otherwise you can continue using TRAC tool as normal, there are no configuration changes required to beneft from the new features.
|Ref||Product||Change||Affected feature||Client Description||Issue key|
|1||Accuracy: MiFIR Core||Fix: Validation||MC148(a-f) Underlying instrument code is not present in the ref data||We have updated MC148(a-f) to avoid double flagging with M106. Reports where ‘Underlyin Instrument Code’ is not available will only be flagged by M106 now.||TRD-978|
|2||Accuracy: MiFIR Core||Fix: Validation||MC041 Buyer Date of birth is later than trading date (CON-110)||Fixed an issue with MC041 false flagging when field contains repeatable values.||TRD-987|
|3||Accuracy: EMIR||Fix: Validation||E177 Non compressed trade (2.93) without valuation||We have added an exception to avoid flagging missing valuation reports, where contract was concluded and terminated on the same day.||TRD-953|
|4||Accuracy: EMIR Reconciliation||Enhancement: MI||EMIR Matching Report – Matching Field Level Examples||We have reformatted the way client comments are displayed on the EMIR Reconciliation report.||TRD-955|
|5||Accuracy: MiFIR||Ingestion||TRAX ingestion format||We have introduced a new ingestion format: TRAX Extract||TRD-971|
|6||Accuracy: MiFIR||Ingestion||TRAX submission format||We have updated the ingestion logic for MiFIR TRAX submission format to intepret underlying fields for Swaps.||TRD-972|
|7||Accuracy: MiFIR||Ingestion||Cappitech format||We have updated the ingestion logic for MiFIR Cappitech format to intepret underlying fields for Swaps.||TRD-973|
|8||Accuracy: EMIR||Ingestion||DTCC harmonised||We’ve updated the ingestion of field ‘Exchange rate basis’ for DTCC EMIR harmonised format.||TRD-952|
|9||Accuracy: MiFIR||Definitions||Client||We have updated the interpretation of ‘clients’, to no longer include entities present in ‘Clients’ reference data when they also act as Executing Entity. This only affects clients processing reports for multiple entities, where one entity may act as a client to another in certain circumstances.||TRD-963|
|10||Accuracy||Portal UI||Market Reference Data||We have fixed an issue with viewing Market Reference Data in the CN Portal.||DEV-1827|
|11||Accuracy||Portal UI||Action Log||We have further improved sorting on the Action Log table.||DEV-1662|
|12||Accuracy: ASIC, MiFIR, EMIR||Portal UI||MI Details Report – Clean Reports||We have enabled the user configuration setting to switch the ‘Clean CSV Report’ on or off by clients via ‘MiFIR MI Details Reports Settings’ menu. Report contains all transactions that have not been flagged (i.e. ‘clean’ records).||TRD-979|
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