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Lake Success, N.Y. - March 9th, 2017: Broadridge Expands its Global Post-Trade Control Solutions Through Acquisition of Message Automation. Acquisition extends Broadridge’s regulatory and compliance capabilities for capital markets firms and investment managers.

Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that it has extended its global post-trade control capabilities for sell-side and buy-side firms in capital markets through the acquisition of Message Automation Limited, a leading specialist provider of post-trade control solutions. The acquisition accelerates Broadridge’s ability to allow firms to transform their risk and compliance capabilities, particularly for complex asset classes where Message Automation is a proven leader. Terms of the deal were not disclosed.

“Broadridge is a global leader in driving technology innovation and business model transformation. The addition of Message Automation will enhance our ability to help companies to reduce risk and enhance compliance while improving operational efficiency,” said Charlie Marchesani, President of the Global Technology and Operations division of Broadridge. “This is the third acquisition related to broadening our post-trade and data analytics capabilities.  These recent acquisitions in securities financing, collateral management, and derivatives clearing have helped Broadridge establish a comprehensive suite of capabilities across asset classes globally, benefiting our clients who are seeking more efficiency from a single global market provider.”

Financial institutions have had to implement regulatory trade and transaction reporting solutions for Dodd-Frank, EMIR and other G20 mandates and they still face waves of regulations including MiFID II and the Securities Financing Transactions Regulation (SFTR). “Companies are faced with the growing challenge of improving their regulatory compliance and operational efficiency, under significant deadline pressures,” said Tom Carey, President of Global Technology and Operations International for Broadridge. “Our unique operational and technological insights, complemented by Message Automation’s leading technology and expertise on derivatives processing models, enable us to help clients address the fragmentation of data and connectivity standards in the post-trade marketplace.”

“We share Broadridge’s focus on delivering exceptional business value to clients, and we look forward to leveraging Broadridge’s scale and relationships to help accelerate industry transformation through our post-trade control solutions,” said Hugh Daly, co-founder and CEO, Message Automation.

Message Automation’s central data model is highly extensible to handle new regulations and market changes. Message Automation is actively implementing its MiFID II solution with global firms in preparation for the January 2018 deadline, already working with Broadridge on addressing self-reporting needs for buy-side firms under MiFID II, and is in advanced planning for SFTR. In parallel, there is a strong demand for the harmonization of clearing reports, an area for which Message Automation has developed exceptional capabilities.

Quayle Munro acted as exclusive financial and strategic advisor to Message Automation Ltd.

About Broadridge

Broadridge Financial Solutions, Inc. (NYSE:BR) is the leading provider of investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and other corporations. Broadridge’s investor and customer communications, securities processing and managed services solutions help clients reduce their capital investments in operations infrastructure, allowing them to increase their focus on core business activities.

With more than 50 years of experience, Broadridge’s infrastructure underpins proxy voting services for over 90% of public companies and mutual funds in North America and processes on average $5 trillion in equity and fixed income trades per day. Broadridge employs approximately 10,000 associates in 16 countries.

For more information about Broadridge, please visit www.broadridge.com

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MA DIALOGUE - 2016 News in Review

Read MA Dialogue for a consolidated view on what happened at Message Automation during 2016, or see the individual events in more detail below.

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Vienna - 23rd February 2017: Message Automation and Broadridge joint sponsorship of the Post Trade Forum in Vienna, Austria

Message Automation (MA) will be showcasing its strategic Trade and Transaction Reporting platform at the Post Trade Forum being held in Vienna, today - Thursday 23rd and tomorrow - Friday 24th February 2017. David Farmery, MA Director is joining the panel on Thursday to discuss ‘Update on EU development in relation to EMIR and CSDR.’ The panel session starts at 16:20.

MA, the leading specialist provider of post-trade control solutions helps clients manage the challenges of new regulations and market practices across all asset classes. Our solutions include Trade & Transaction Reporting where we offer a unique single x-asset class solution across Dodd Frank, EMIR, MiFID and many local jurisdictions; harmonisation of key reports from CCPs, exchanges and brokers to support collateral, treasury and risk management; and connectivity to a wide range of CCPs and platforms. MA’s solutions can be implemented individually or combined to provide a single holistic view of all post-trade activity, giving unrivalled control and transparency.

Broadridge brings transformative operational advantages to global trade processing and management,from trade capture through clearance and settlement, reconciliation, asset servicing, books and records, and regulatory reporting. Broadridge’s Global Post Trade Management solution streamlines and standardizes operations and infrastructure across asset classes, markets, currencies and business entities. It supports multiple asset classes, including equity, fixed income, foreign exchange, money market, exchange-traded derivatives, and trade financing.

David Farmery comments -‘2017 and 2018 will see financial institutions in Europe caught in the perfect storm of new and revised Trade and Transaction reporting requirements. With a major EMIR revision due in November 2017 and MiFID II plus SFTR scheduled for 2018, the need for a single transparent solution, which provides complete control over reported data and significantly improved management of the related workflow has never been greater.’

Please drop by our stand to discuss the implications of the EMIR revision; MiFID II; SFTR or any other Trade and Transaction reporting requirements. Alternatively contact David directly on:

david.farmery@messageautomation.com

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London - 17th Janurary 2017: Message Automation develops partnerships for MiFID II delivery

Message Automation continues to work on the development of its MiFID II solution as a natural extension of our x-asset class; x-jurisdiction strategic Trade and Transaction reporting platform. As part of this process we are members of a number of key working groups including the 'ISDA Data and Reporting MiFID Working Group'.  We are also working with a number of APAs and ARMs as part of their partner programs for testing reporting processes-these include Deutsche Bourse, UnaVista, Trax and TRADEcho.

Additionally we have formed our own detailed implementation working group with clients and key prospects - we ran a detailed kick off session in London in November, and we have had a series of follow up calls with more scheduled - if you would like to take part, please let us know, we are keen to get a broad cross-section of experience.

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London - 12th Janurary 2017: Message Automation is delighted to be included for the first time in two prestigious reports published by Chartis, the leading fintech research company

Firstly, we are included in the renowned Risktech100 (2017) report in recognition of the support we offer global banking clients in harmonising key risk information from CCP's, exchanges and brokers; and for our solutions helping clients manage regualtory risk.

Secondly, we are included in Chartis' inaugural 'Data integrity and control solutions' report highlighting our management of key incoming data as described above, as well management of data for Trade and Transaction Reporting purposes.

We consider our inclusion alongside industry giants many times our size to be a great honour, building on our recent FOW award as Best New Post trade Technology Product.

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London - 12th December 2016: MA features in Futures & Options World 2016 Awards supplement

Hugh Daly, CEO discusses how MA has built its business around addressing the fragmentation of data and data standards and its clearVELOCITY platform, aimed at addressing the acute problem in OTC clearing data.

Read more in Attached PDF: FOW International Awards 2016 Winners’ Guide

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London - 8th December 2016: Message Automation (MA), the leading provider of Post-Trade Control solutions for derivatives processing, are delighted to receive public recognition for their solution ‘clearVELOCITY’ for clearing reports harmonisation


The winners of these awards were chosen by a panel of independent judges who have expert insight on the industry and were announced at a dinner at the Grange City hotel, in London last night.

Hugh Daly, CEO at MA commented, “I am delighted to receive this prestigious award on behalf of the entire MA team. Although our solutions are proven and have been in use by a number of the world’s tier 1 financial institutions for some time it is always humbling to be recognised and chosen from a category of strong competition. It makes the perfect end to what has been an exciting and game changing year for MA and we are relishing the opportunities which the continuous onslaught of regulation is presenting. The clearVELOCITY solution is a vital competent of our strategic Post-Trade control offering and most recently has been implemented by Societe Generale.”

For more information:
Contact: Ian Chester  Tel: +44 7721 780029

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London - 30th November 2016: Message Automation (MA) expands connectivity suite with South African Partner.

Working with our South African partner Andile and a major South African Bank, MA is expanding its futureLANDSCAPE connectivity solutions to cover fixed income and CDS as well as its existing capabilities in other OTC and listed derivatives. Andries Brink, CEO of Andile explains - ' As part of a major connectivity project with the bank we have already successfully delivered a solution linking the bank's trading platforms to OMGEO for fixed income, and we are now working to deliver solutions for DSMatch and Clearstream connectivity. Neil Thomas MA CTO said, "For several years we have had a comprehensive solution live in several Tier 1 banks for all types of derivatives connectivity across multiple international CCP's and platforms such as MarkitWire, Traiana and ICElink.  It is a pleasure to work with our friends at Andile to expand our capability across other asset classes."

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London - 23rd November 2016: Societe Generale Corporate & Investment Banking opts for Message Automation for global rollout

Message Automation (MA), the leading provider of Post-Trade Control solutions for derivatives processing, is delighted to announce they have signed a contract with Societe Generale Corporate & Investment Banking (SG CIB) to support the collection and harmonisation of their group wide CCP, Exchange and Broker data. This is a global relationship, and the first phase of the implementation is scheduled to go live in December 2016.

Philippe De Brossard, Head of Fixed Income Clearing Solutions at SG CIB commented. "Monitoring and reporting of CCP exposures, is by nature a very complex process, particularly when having to collate and consolidate multiple information sources from a variety of subsidiary companies and over 80 external relationships. Our project objective is to streamline and simplify the entire process and we are working with the MA team to satisfy two very specific initial requirements. The first being the desire to fully automate our complete exposure reporting capabilities, to reduce our overall operational risk exposure by dramatically reducing manual tasks. Our second is to create a centralised database to improve data quality. Consolidating the many diverse formats into a single harmonised data store will provide our internal consumers with immediate access to the information that they need in a consistent way, regardless of source, be it a CCP, Exchange or Clearing Broker."

Philippe continued. "We have an ambitious implementation plan and speed to market was a key factor in our overall decision making process. Before partnering with MA, we looked at various options including building everything in-house. However, after very careful evaluation of all the possibilities, we decided to engage the services of an external partner to support this high profile project. Improved regulatory reporting was also a very important consideration and in particular providing regulatory information to satisfy BIS and ECB requirements on CCP exposures. MA were able to demonstrate a proven track record of delivery for both these essential requirements."

Apart from their overall simplification and automation goals, other major requirements for the bank, include increasing productivity by improving the overall user experience on CCP Exposure monitoring, enabling faster access to relevant detailed information and delivering significantly enhanced business intelligence capabilities by utilising shared integration and dashboard monitoring functions.

Hugh Daly, CEO at Message Automation said. "The relationship with SG CIB is very significant for our business and we are delighted to have been selected to support this new endeavour. As the number of cleared trades grows with mandatory OTC clearing regulations, it is becoming even more complex and expensive for banks to manage these functions effectively in house. Working in close partnership with our clients we have already significantly increased the number of CCPs, Exchanges and Clearing Brokers our solution extracts data from as well as extending the range of data being received from each. These enhanced capabilities makes our offering even more beneficial to multiple areas of the bank including collateral management, operations, risk, house & client clearing, reconciliations, treasury and liquidity management."

For further information please contact: Ian Chester / Clare Walsh

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London - 9th November 2016: Message Automation hosts MiFID II/MiFIR working group.

MA recently hosted a highly successful, in-depth MiFID II Working Group focused on trade and transaction reporting implementation. Held over 2 days in London the event attracted 15 representatives from 7 financial institutions (banks and buy-side) based across three continents. These included MA clients and others interested in the subject. Our aim was to create a collaborative environment to discuss the issues related to MiFID II implementation, and to disseminate and receive input on MA's current views and progress on MiFID II solutions. The discussion was rated as extremely valuable by all attendees, a particular feature being the need for a consolidated approach to data management across a number of new reporting regulations including MiFID, SFTR, Dodd Frank SEC and SFTR.

MA will now be hosting these sessions on a regular basis throughout 2017, if you are interested in joining then please get in touch with: hannah.pewter@messageautomation.com

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London - 14th September 2016: Hugh Daly, CEO, Message Automation (MA) will join a panel at the ISDA Annual Conference in New York on Thursday 15th September and again in London on Thursday 22nd September 2016.

MA has been an ISDA member for the past 18 months and truly appreciates the value of the conferences and the insights they offer. The panel will discuss "Collateral Management Solutions:  Is Help on the Way?". MA has a proven solution recently implemented at four Tier 1 banks to harmonise clearing data from CCP's, Exchanges, Brokers and Counterparties and we are looking forward to discussing how this supports our clients with effective and efficient management and optimisation of collateral.

If you would like to know more then please get in touch.

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London - 11th July 2016: Message Automation Chairman Anthony Finkelstein awarded CBE

Well-deserved recognition for Anthony Finkelstein, who was awarded a CBE in the Queen's Birthday Honours list for his services to Computer Science and Engineering.  Anthony was recently appointed as Chief Scientific Adviser for National Security to HM Government, having previously held roles as Dean of the Faculty of Engineering Sciences and prior to that Head of Computer Science at University College of London (UCL), where he continues to hold a Chair in Software Systems Engineering.

Anthony's connections with Message Automation date back to 2006 when MA acquired UCL spinout company Systemwire, together with its ground-breaking patented validation and rules technology, which sits at the heart of MA's solutions stack to the current day.  Through the acquisition UCL gained a shareholding in MA and Anthony joined the MA board, becoming Chairman in 2010.  MA's links with UCL have also been strengthened by the recruitment of a number of UCL graduates and PhD's who form a key part of the company's technology team. The longest serving of these has now been with MA for almost ten years. MA also regularly takes intern groups from UCL to look at how the company can use the latest technology developments for the benefit of our clients.

Hugh Daly, CEO at Message Automation said. "We are very proud that our longstanding chairman has been honoured. His support and guidance throughout the years has been invaluable and the entire team here send our heartfelt congratulations and wish him the very best."

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London - 5th July 2016: Message Automation working with Buy-Side on MiFID II -  Buy Side firms look to take control of their reporting processes and data. David Farmery joins panel at the Data Management and Regulatory Reporting for Investment Firms event in London on Thursday 7th July 2016.

Message Automation, the leading provider of Post Trade Control solutions launches a new initiative to support the growing number of buy side firms who are looking to take control of MiFID II, and their other regulatory reporting requirements internally, rather than delegating these responsibilities to brokers or other third parties.

Many financial institutions and buy side firms in particular are seeking ways to leverage the work required in achieving MiFID II compliance by adopting a much more strategic approach to all of their regulatory trade & transaction reporting requirements. This includes consolidating/harmonising the underlying data which can then be used for other purposes. There is also a growing belief that by bringing the reporting procedures in-house (encompassing MiFID II, MiFID I as well as EMIR, SFTR and other jurisdictions) firms can achieve much greater control over reporting processes as well as the all-important data.

Hugh Daly CEO at Message Automation said. "This is without doubt an emerging trend and we are already actively involved in a number of discussions with buy side firms who have all expressed a desire to gain significantly more control in-house in order to facilitate more efficient reporting structures and to have the ability to react effectively to further changes. In part, this trend is also being driven by the brokers themselves as they too are under increasing pressure within their own operations to implement additional reporting capabilities and simply may now not have the capacity to deliver the full delegated service they have traditionally provided to the buy side firms."

David Farmery COO at Message Automation continued. "Our approach is to create a harmonised data layer which utilises an advanced rules-based approach to address all of the regulatory requirements of both the sell side and buy side firms we support. A key component of our offering is that we deliver a fully operational control framework that sits over the solution to audit what has/hasn't been reported, manage feedback, update and resubmit trades where necessary and provide a complete picture of the organisation's regulatory trade reporting. The strategic benefits of taking this approach are endless, as we have seen within many of our sell side clients already, once the harmonised data layer is in place as new regulations arrive and old ones are updated all we need to do is update the rules. Not only this but the value of the data in a standard form is priceless to any organisation."

Hugh Daly concluded. "Irrespective of Brexit, all financial firms must abide by their obligations under UK law, including those derived from EU law and continue with implementation plans for legislation that is still to come into effect. So now more than ever before they need to ensure that their internal infrastructures can be easily adapted to accommodate all future changes not just MiFID or EMIR rules. Our cost effective and highly flexible solutions have been specifically designed to support these needs.”

In a recent report from The Boston Consulting Group, Philipe Morel, global leader of BCG's capital-markets segment says, "After the initial push for compliance, investment firms will be in a position to benefit from updated technology and sophisticated trade analysis."

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London, 6th June 2016: Message Automation harmonises clearing report data for major global banks.

A year ago Message Automation published a white paper 'Hell Freezes Over' highlighting the fragmentation of information in Post-trade derivatives processing caused by new regulation and market practices. One key aspect of this fragmentation is in the clearing reports produced by CCPs, exchanges and brokers containing vital information for management of derivatives processing. Working with three global banking clients based in North America, Europe and Asia, MA has now harmonised the data from hundreds of these reports, from dozens of agencies, enabling efficient, effective control of information flows to a variety of internal bank consumers. The attached paper Harmonising Clearing Reports summarises the way our clients are benefiting from this harmonisation. With increased mandatory clearing and collateral management demands coming over the horizon, we believe that management of this data will be a growing challenge for banks and buy-side firms alike. If you would like to know more about our solution in this area please contact us

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London, 11th May 2016: Message Automation are proud sponsors of the FOW event taking place at the Crowne Plaza City Hotel later today. David Farmery, COO , is joining the panel discussing  ‘Trade and transaction reporting under Mifid II’.

FOW launched this event last year to fill the void of a derivatives focussed Post Trade Event. David Farmery says “As proven #PostTradeControl specialists, we felt it was only right that we were involved. With regulation driving the capital markets , the technological requirements of listed and unlisted derivatives are converging and this has increased the playing field for MA.”

MiFID II is undoubtedly the blockbuster of current times and David looks forward to discussing the increased reporting requirements and address how firms need to process and treat data and in turn achieve #PostTradeControl.

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London, Q1 2016: Message Automation release the third instalment of 'MA Dialogue' - Click the link below to read about what has been happening at MA

The Client Bulletin is part of our external communications strategy aimed to keep our clients and community abreast of what we are doing, and what we plan to do. We aim to publish these on a regular basis and welcome your feedback and comments for future input. If you would like to be added to our mailing list please contact - Hannah Pewter  

Please click here to download MA Dialogue - March 2016

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London 20th April 2016: MA hosts their second annual User & Community Group Meeting

On Wednesday last week MA held the second annual User & Community Group at the British Bankers Association on New Broad Street. The user event started in the afternoon and we had representatives from HSBC, Lloyds, Mitsubishi and Ned Bank in Scandinavia. The aim of the afternoon was to look at the different solution sets we offer and discuss how they are being used and share experiences. The conversation and content was really interesting and we are delighted with the results, looking forward we may choose to do the next one via Web-Ex so that we can include our global clients.

In the evening we invited the wider MA community along, this is actually the third Community session we have held and the turnout was even better than the last. We asked Nick Hawke from Lysis Financial to talk about the Senior Managers Regime and how senior managers will be ultimately responsible for regulatory obligations. This lead nicely into a lively panel discussion titled 'Building appropriate defences for on-going regulatory and market storms'. What is on financial institutions' agendas for the next 12-24 months and what are the key things that their senior managers need to focus on to ensure compliance? We had representatives from CGI, Commerzbank and LCH Clearnet. Even though regulation is probably the topic of every panel session in the city at the moment the insights were invaluable and prompted some interesting conversation during drinks afterwards.

We would like to take this opportunity to Thank all of users and community who came along and those who took part in the panel session. Also a big Thank you to the BBA and their staff for a fantastic event!

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London, 25th February 2016: David Farmery, our COO joins a panel discussion at the MiFID II / MiFIR & EMIR Reporting Conference in London today.

With the current regulatory landscape ever changing the industry as a whole is now relying on peers and known experts more than ever to help clarify the obligations for Sell side & Buy side Firms. This afternoon, David Farmery will be part of a panel which will discuss, "Practical Steps Towards Achieving MiFID II and EMIR Reporting Compliance within the Prescribed Deadlines". MA already have clients signed up for MiFID II reporting as part of a more strategic play across their reporting landscape, we believe that by taking this approach firms can not only satisfy the regulator but also reap benefits from improved efficiency and increased transparency.

If you're not at the event or can't wait until this afternoon - please click here to download our white paper.

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London, 4th February 2016: Hugh Daly, our CEO joins a panel discussion at the Intelligent Trading Summit (ITS) in London today.

Back by popular demand, ITS attracts influencers from across the financial services trading community. This year the conference includes a session on 'Gaining Control of Post-Trade Messaging for Improved Performance'. #PostTradeControl is MA's mantra and so we are very pleased to be part of this discussion. With market and regulatory changes on the increase, including MiFID2, SFTR, mandatory clearing and mandatory collateral exchange, there is a perfect storm brewing which Hugh will address.

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London, 28th January 2016: Message Automation - Riding the crest of a wave.

Plus “A Bridge Over Troubled Waters” white paper available to download, click here

Message Automaton (MA) is pleased to report a highly successful second half of calendar 2015, building on record earnings at the end of their FY2014/2015 trading year in June. June’s numbers showed a revenue jump of over 50% with a 70% growth year on year in recurring revenues from subscription licences.

Since June MA has added a number of new name clients to an already impressive blue chip user community. Highlights include signing up a major tier one U.S. bank who is using MA's unique solution for harmonizing inbound clearing house / broker reports. The company has also extended its coverage in Europe with Banque Cantonale Vaudoise, one of Switzerland's largest Cantonale Banks, who recently announced they had contracted with MA to support their Swiss finFrag reporting requirements.

Hugh Daly, CEO - MA said, "In addition to this, we have also deepened our relationships with a number of existing clients who increased their usage of our offerings to incorporate new functionality and new jurisdictions. For example one of our North American based clients incorporated Fixed Income (IIROC) reporting into their fully integrated single strategic trade reporting platform built on the MA technology. For another banking client, again using the core MA technology platform, we also implemented new solutions to better manage their static data harmonization capabilities, which are a vital component in improving trade STP rates; and a comprehensive Post-Trade control dashboard across multiple asset classes for all internal and external trade flows. We expect both of these solutions to bring significant future growth into MA."

MA has long evangelized the urgent need for harmonization across the derivatives trading spectrum, particularly with regard to trade and transaction reporting. This is now becoming even more important with MiFID II and SFTR appearing on the horizon. Most recently the FCA were quoted as saying that the scale of the changes needed for a successful MiFID II implementation are huge and despite the delay until January 2018, firms should continue to prepare, irrespective of the published target date. They also are urging all financial institutions to keep this topic high on the agenda of all senior management.

Daly continues. "We strongly believe that those organisations who are prepared well in advance of any new regulatory deadlines will reap substantial rewards not only in terms of quantifiable cost reductions and improved compliance capabilities, but will also enjoy a significant competitive advantage over those who adopt a 'wait and see' policy’. The continuing onslaught of regulatory mandates is, without question, helping to fuel our growth. In particular the stringent requirements around regulatory reporting changes, for example, EMIR Level 2, and the new jurisdictions have both been significant factors. At the same time we are delighted to report that our recent client’s upgrades have all gone very smoothly and were live in good time for the EMIR Level 2 changes. Looking forward, now that MiFID II planning looks like it is finally underway, not to mention, Mandatory Clearing, Collateral processing and SFTR, we expect there to be even more demand over the coming months."

MA's recently published white paper, ‘A Bridge Over Troubled Waters’, explains their approach to these complex business issues and how to get the best from your trade reporting operations. To download click here

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London, 11 January 2016: Message Automation (MA) is pleased to announce that Banque Cantonale Vaudoise (BCV), one of the largest regional banks in Switzerland, is the latest firm to select MA to support their trade reporting requirements.

This new signing means that BCV joins a fast growing number of customers using MA’s comprehensive trade reporting solution and further expands the portfolio of geographical jurisdictions the company’s solutions cover.

MA's trade reporting solution is a proven, rules-based, built-for-purpose platform and will provide BCV with a complete reporting capability taking trades and static data from multiple bank systems and providing total control and transparency across all asset classes. The system has been designed to support not only the specific needs of the Swiss market, but also covers Canadian and Asian reporting as well as incorporating the entire requirements of Dodd-Frank and EMIR trade reporting.

Bernard Angeloz, Deputy Head of Trading at BCV said, "The forthcoming FinfraG Act (Finanzmarktinfrastrukturgesetz) which will regulate derivatives trading in Switzerland is due to come into effect during the second half of 2016. Here at the bank we take our regulatory responsibilities very seriously and believe it is essential that we are fully prepared, well in advance, to efficiently handle all the implications related to this new Act and for any other related requirements that will most probably emerge over time. The FinfraG initiative is strategically very important for the Swiss market, so before engaging with MA, we conducted a very thorough review of all the options available to us. After a stringent evaluation process we decided that the combination of MA's in-depth market knowledge and experience, coupled with their proven track record of success in trade reporting, across a diverse, international client base meant they were ideally suited to support the new trade regulatory reporting requirements. MA’s commitment to maintain the solution in line with evolving changes to the regulations was also an important factor in our decision."

Hugh Daly, Message Automation CEO, commented. "We are delighted to have been selected by BCV to be part of this important project. The seemingly never-ending waves of new regulatory requirements continue unabated.  Based on our previous experiences with regulations in other jurisdictions such as EMIR and Dodd-Frank, the regulations will continue to evolve, even after the initial introduction. We strongly support BCV’s position of being prepared well ahead of the FinfraG deadline and are looking forward to working with them to achieve their business goals."

About Message Automation

Message Automation is the leading specialist provider of Post Trade Control solutions. We help clients manage the multiple trade processing challenges created by new regulations and market practices across all asset classes in OTC, ETD and FI markets. Established since 2003, our clients include tier one and two investment banks, regional banks and buy side firms.

About BCV

BCV is the Canton of Vaud's leading bank for both retail and business customers, as well as one of Switzerland’s top wealth managers. As the community bank of Vaud, its customer franchise, consistently solid financial results and strong balance sheet underpin its status among a handful of banks in the world without government guarantees that hold AA credit ratings from Standard & Poor’s.

For further information please contact Ian Chester at: Ian.chester@messageautomation.com

Or Tel: + 44 7721 780029

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London, December 2nd: Article published in Rocket magazine, The OTC Space - Click the link below to read the article.

Hugh Daly, CEO of Message Automation, outlines his company’s philosophy for helping clients achieve harmonisation and control of Post Trade derivatives operations in a pragmatic, efficient and effective manner.

See: A Bridge Over Troubled Waters

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