Within 24 hours more than 100 downloads ...

of our FX rates tool.

The Good, The Bad and The (not so) Ugly

Excel & Treasury go well together. Check out our new tools corner and unleash the power of Excel. We have done it several times and our clients love the reports.

Challenging treasury reporting project

If the TMS vendor does not deliver what the client has asked for, which happens from time to time, we fix it. We are currently working for a client on risk management reports, based on exports from the TMS. And it works.

FinfraG / Final wording

German - French - Italian

FinfraG / No reporting of trades between NFC-s

Game, set and match: Swiss National Council.

After intensive discussions during the past few days it had been finally decided that trades between NFC-s will not fall under the reporting obligation.

The only residual reporting obligation for Swiss corporates will concern trades concluded with Non-Swiss banks that will very likely not report under FinfraG.

EMIRate clients can be sure that we will offer a possibility to report the a.m. trades to a trade repository.

FinfraG / NFC Trades / Tie-Break?

It currently looks like we will see a tie-break decision. The Swiss Council of States does not plan to change the reporting obligation for NFC trades.

FinfraG & NFCs - Swiss ping pong?

After yesterday's decision of the Swiss National Council to - again - exclude trades between NFCs from the reporting obligation, the Swiss Council of States will discuss the matter again today. This will be interesting because summer is getting closer  and a final decision should be taken soon and definitely before summer.

Cash around the globe

From a list of bank accounts and balances to a rotating world map showing e.g. all bank balances world-wide in just one minute with EXCEL 2013 & Power Map. Pretty cool.

FinfraG - Trades between NFCs will have to be reported

According to today's decision by the Swiss Council of States, trades between NFCs (e.g. group-internal trades) will fall under the reporting obligation.

Press release (German only).

EMIR - How to migrate from any other repository to REGIS-TR

REGIS-TR have published a migration guide, explaining the necessary steps if a market participant considers the option of migrating from any other repository to REGIS-TR.

We support this process by helping the participant to upload still active trades with just little effort.

Two new EMIRate clients from Germany and Switzerland

Within the past few days we signed to new clients in Germany and Switzerland. Getting closer to 100.

ESMA clarifies reporting and clearing of commodity trades

Due to different opinions and interpretations in some of the EU Member States ESMA has released guidelines to clarify e.g. the reporting obligations regarding commodity trades. One of the key statements of this guideline:

'9. A Regulation that is directly applicable in all the Member States cannot be applied differently as a result of different national interpretations of definitions included in a Directive. This is contrary to the spirit and objectives of the Regulation.'

This statement also indirectly emphasizes the fact, that there should not be different interpretations regarding other derivatives (e.g. FX forwards and swaps) as well.

The guideline will come into force on August 7, 2015 and applies to the NCAs (National Competent Authorities).

Cloud, SaaS and other assorted myths

Our article published on treasuryinsider.com

FinfraG - Bad news for corporates?

Maybe bad, at least not so good news for Swiss corporates. The Swiss Council of States might not follow the Swiss National Council with regards to trades between NFCs, proposing that such trades should be reported.

The Swiss Council of States will discuss FinfraG on June 2, 2015.

35% of Sweden's Top 50 corporates use EMIRate

EMIRate becomes more and more popular in Sweden. Already 35% of Sweden's Top 50 corporates use EMIRate for their EMIR reporting.