Insurance Companies Protect Assets – But What Protects Them?
What if we told you that insurance providers protect people with disability, life, travel, car and home cover, but also need to protect their own portfolios using derivatives? With numerous active derivative positions, insurance providers aren’t just safeguarding policyholders, they’re safeguarding their balance sheet too. Derivatives help insurers manage their assets so funds are available […]
FCA Makes the ‘Execution Agent’ Field Conditional under EMIR
The UK Financial Conduct Authority (FCA) has introduced changes making the field ‘Execution Agent’ a conditional field to report under EMIR. The new requirements transaction reports are reflected in the EMIR Technical Standards on reporting through Handbook Notice No 132 and updated EMIR validation rules and XML schema. These new validation rules will take effect from 26 January […]
Reporting Transactions seamlessly under EMIR, MiFIR and SFTR
Navigating your European reporting obligations can be tricky.
We’ve answered some of our most frequently asked questions below to help you understand your transaction reporting obligations a little better.
Meet the team: Manoj Kumar
How did Manoj find himself at TRAction? Prior to joining TRAction, Manoj worked at a legal tech domain. Factors that led to Manoj’s search for a new challenge included his ambition for a role that is “faster-paced, more advanced and intellectually demanding.” Manoj quickly realised TRAction was the perfect fit for his skills and interests. Manoj’s […]
Digging Deeper with Derivatives: Mining Giants & Finance
A lot more than most people realise. Behind every truckload of iron ore, copper, or lithium, is a complex business model managing global risk – and derivatives are a key part of it. Here’s how major mining companies stay steady in a financially volatile world: Commodity hedging to lock in prices on metals and minerals. […]
MiFID Reporting Remediation Tips and Traps – FCA’s Market Watch 82
The FCA has published observations of their supervision of the UK MiFID transaction reporting regime in Market Watch 82. It discusses: remedial timelines, back reporting and breach notifications on trade reporting, advising firms to consider if these should be integrated into existing processes. Operational frameworks should be improved given persistent inefficiencies the FCA has observed. […]
Meet the team: Abhinav Choudhary
How did Abhinav find himself at TRAction? Abhinav joined TRAction’s team after gaining his Master of Computer Applications from Central University of Karnataka. Abhinav’s responsibilities in his role… Abhinav works with clients to understand their requirements in order to write new code and apply changes to existing clients upon request. His role also involves assisting […]
What do everyday brands have in common with complex financial instruments?
More than you may expect. Behind everyday products found in homes around the world, leading consumer goods companies rely on derivatives to manage global risk and keep operations running smoothly. Here’s how they manage volatility across the supply chain: FX hedging to navigate revenue from sales in over 150 countries. Commodity hedging to control costs […]
Crypto-asset identifiers – (DTIs) as underliers for UPIs
Historically, crypto-assets, as opposed to other financial instruments, have been more difficult to identify given their complexities and intricacies. To date, they been given general short-names. For example: bitcoin is called BTC or XBT, and Ethereum Ether referred to as Ξ, Ether or ETH Non-uniformity of such names, has made the process of identifying such […]
Flying with Derivatives: Keeping Airports Grounded in a Turbulent Economy
What if we told you airports use financial derivatives to keep operations running smoothly despite economic headwinds, fuel cost fluctuations, and rate volatility? Major international airports don’t just manage runways, they manage risk. Behind the scenes, derivatives help keep everything from infrastructure projects to passenger services financially on track. Here’s how airports use derivatives: Interest […]