Message Automation’s futureLANDSCAPE provides a fully functioning platform
to support multiple functions within post trade processing. However, the
power patented technology used to underpin the processing platform
can be focused on detailed analysis of existing trade populations and
Amongst the many headaches caused by the increased regulation,
internal risk initiatives and improved transparency is the enforcement
of a consistent identifier of OTC products. For many organisations
determining how an existing product naming convention or hierarchy
is defined, applied and maintained is a major challenge.
The problem exists across asset classes, which in practice may translate
into several silos and primary trading systems. A simple mapping exercise
using existing product types to a single scheme is very likely to be insufficient.
We are now making available to our client community the taxonomy determination
capability of futureLANDSCAPE as a standalone product. Our patented first order logic
rules engine can be deployed along with the pre-
the precise product from the full economic details and characteristics of each trade.
As Message Automation continues to maintain futureLANDSCAPE to ensure industry compliance, we can of course supply standard rule sets (such as ISDA) out of the box. The knock-
The futureLANDSCAPE Product Determination Module can be used for a one-
Most organisation have their trades described in a XML representation, frequently a flavour of FpML. (We are used to working with proprietary or unusual XML schemas.) Where this is not the case, and where outlier systems do not yet have this capability, we use the powerful data mapping functions within futureLANDSCAPE to create the required XML or FpML.
Once the entire population is available to us, we use the rules based product determination process to review the economics of each trade and allocate it to a single type in the hierarchy or taxonomy. Once the allocation is achieved we can update the XML description, update a database, or merely record product level statistics.
|Post Trade Control|
|Affirmation & Platform Connectivity|
|Inbound Clearing Reports|
|Trade & Transaction Reporting|
|Internal Trade Monitoring|
|MiFID II Reporting|
|SFTR/DF SEC/EMIR Revision|
|Getting Value from Trade Reporting Solutions|
|Dodd-Frank Trade Reporting|
|EMIR Trade Reporting|
|Canadian Trade Reporting|
|Asian Trade Reporting|
|Swiss Trade Reporting|
|South African Trade Reporting|
|Russian Trade Reporting|