October 25, 2017 (UK): Contemi Solutions, the leading supplier of modular solutions to wealth management, insurance and financial institutions across the globe, announces a partnership agreement with the London Stock Exchange’s UnaVista as part of their ongoing MiFID II compliance.
MiFID II enforces additional transparency with the objective to create an integrated financial market in which investors are effectively protected and the efficiency and integrity of the overall market are safeguarded. It requires significant re-engineering of systems and business operating models. Wealth Intelligence MiFID II solution for the wealth management community makes this process significantly easier. The partnership with UnaVista, an award-winning Approved Reporting Mechanism (ARM) further strengthens the solution’s efficiency to fulfil regulatory reporting obligations.
Wendy Collins, Managing Director, Strategic Partnerships UnaVista commented, “We are delighted to be partnering with Contemi Wealth to allow their clients to connect to UnaVista for MIFID II transaction reporting. The partnership will enable clients to utilise leading technologies from both organisations to meet regulatory reporting obligations in a timely and efficient way.”
Kean Williams, CEO, Contemi Europe, said, “Partnering with the wider financial services community is an essential part of our business in developing our front to back Wealth Management solutions. We are pleased to partner with UnaVista, an ARM of choice by our customers. We have an existing collaboration with them for transaction reporting and this partnership makes it easier for us to expand the existing functionality within our Wealth Intelligence solution.”
UnaVista is LSEG’s hosted technology platform, helping firms reduce operational and regulatory risk. The platform assists over 5,000 counterparties reporting in excess of 5 billion transactions annually with 60,000 users in 86 countries.
UnaVista's Partner Programme brings together the world's leading financial services technology and consultancy firms to help the markets become more efficient and reduce operational and regulatory risk. Located in more than 200 cities around the world, UnaVista’s partner ecosystem provides clients with a wide variety of options to comply with regulations across the globe such as MiFID II, Global Derivative Reporting, CAT, MAR and many more.
Public Relations WINcomms@contemi.com