TR Accuracy Product Release – 31/07/2023

KEY POINTS

TR Accuracy

EMIR – 1 validation amendment;
EMIR Reconciliation – ingestion amendment;
MiFIR – 2 validation amendments, 1 deleted validation;
MiFIR Core – 1 validation amendment;
ASIC, MiFIR – 1 Summary Report amendment;
TRAC Portal – Amendment to Statistics and Benchmarking downloaded file names;
TRAC Scheduler – 1 User Interface amendments

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 benefit from the new features.

Ref	Product	Change	Affected feature	Client description	Issue key
1	Accuracy: EMIR	Fix: MI	EMIR MI: Notional Tolerance	We have updated the EMIR MI report ‘Notional Tolerance’, “Notional Tolerance Details” table with the details of the records not linked to the reporting entity. The same change was applied to the supplementing Details MI (.csv).	DEV-3137
2	Accuracy: EMIR Reconciliation	Bug	EMIR Reconciliation module	We have fixed an ingestion issue of EMIR pairing and matching files (Unavista Portal format) for EMIR Reconciliation report.	DEV-3171
3	Accuracy: MiFIR	Fix: Validation	M107 – Underlying instrument code (47): incorrect ISIN for underlying index	We have amended validation M107 to allow use of alternative ISINs for some indices (where 1 index can be identified with 2 different ISINs).	DEV-3169
4	Accuracy: MiFIR	Fix: Validation	M260 – Commodity derivative indicator (64) populated for non-derivatives	We have amended validation to not flag for instruments where derivative may be an ultimate underlying (as opposed to immediate underlying).	DEV-3099
5	Accuracy: MiFIR	Delete: Validation	M128 – Execution within firm (59): unrecognised country for Natural Person	We have deleted validation M128 as it is duplicated with Core validation MC186	DEV-3156
6	Accuracy: MiFIR Core	Fix: Validation	MC186 – The national identification code does not include valid country code (CON-590)	We have amended to logic of core validation MC186 to flag all NP ID types (previously only NIND was flagged).	DEV-3155
7	Accuracy: ASIC, MiFIR	Fix: MI	Report Summary	We have amended the formatting of “% Inaccuracy” field on the “Inbound File(s) Summary” of “Summary Report”.	DEV-3089
8	Accuracy: Portal	Improvement	TR Accuracy: Benchmarking, Statistics	We have updated the names of the Statistic and Benchmarking reports downloaded from the portal to include the regime name.	DEV-3127
9	Accuracy: TRAC tool	Improvement	Scheduler	We have made some UI improvements on the Scheduler functionality on the TRAC tool.	DEV-3095

Please let us know if you have any questions: client.support@control-now.com.

Control Now can help you seamlessly manage such changes as amendments and modifications are automatically integrated into our software.

For more details, including a demo of our products, please contact: info@control-now.com

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