GMEX Technologies and CoDiese Release Trade Reporting Solution

GRC addresses regulatory trade reporting requirements imposed by G20-led reforms to the derivatives markets with a focus on corporate and buy-side client needs. These reforms, enacted in Europe through the European Market Infrastructure Regulation (EMIR), come into force on Feb. 12, 2014. They will require the mandatory reporting of both listed and over-the-counter (OTC) derivatives trades.

GRC's outsourced service provides reporting tools, data mapping, process monitoring and connectivity to the trade repository.

"GRC provides a neutral reporting point from the end client to the trade repository whilst protecting business confidentiality," says Marie-Hélène Crétu, founding partner of CoDiese and director and co-founder of GRC.