TR Accuracy PRODUCT RELEASE – 29.12.2020

December 21, 2020

We have a product release due on the 29th December 2020 at 1700 UK local time.

The release includes 6 new EMIR validations, 4 EMIR validation amendments, 1 new EMIR MI and a change to 1 Client Reference data.

For features which are configurable (TR Accuracy MI report and validations etc), you will be able to log into your management portal and turn them off if you do not wish to see the functionality.

Please let us know if you have any questions: .

 

Release Date 2020-12-29
New TRAC Version Required No

This update will not require any action from users of TR Accuracy or TR Completeness. All changes will automatically be applied to your solution from the release date.

 

Issue key Summary Description
TRD-19 Client Reference data – add new field (NFC-) Adding a new field to ‘Client’ reference data to allow reporting counterparties to define NFC status of their clients and run relevant validations.
TRD-16 New Validation: E167 Collateral report without collateral data New validation verifying if Collateral report has been submitted with required information.
TRD-12 New validation: E160 – delegated report for unknown cpty New validation verifying if delegated reports were sent only for known counterparties.
TRD-15 New validations: ISIN validity check (E161, E162, E163, E164) 4 new validations verifying correctness of ISINs provided in fields ‘Product Identification’ and ‘Underlying Identification’ (country code and check digit)
TRD-20 E112, E113, E114 – OTC definition correction Amending 3 validations to identify OTC trades according to EMIR definition (including MTFs and OTFs as OTC)
TRD-13 E3 Validation change: Agency execution where Broker ID = Reporting Counterparty Amending existing validation to correctly recognise broker in agency executions
TRD-17 New MI to check positions updated daily New MI to review if Trade and Position valuations are being reported on a daily basis.