OpenLink and ICE Trade Vault to support compliance solution for regulatory reporting
First Published 16th July 2012
OpenLink's suite of Dodd-Frank Regulatory Compliance solutions to be expanded with swap data reporting to ICE Trade Vault
New York - OpenLink Financial plans to expand its suite of Dodd-Frank Regulatory Compliance solutions with ICE Trade Vault Swap Data Repository (SDR) reporting capabilities.
This solution is intended to enable commodity and energy market participants to comply with U.S. Commodity Futures Trading Commission (CFTC) SDR reporting requirements resulting from the Dodd-Frank Wall Street Reform and Consumer Protection Act.
"The combination of ICE Trade Vault and OpenLink will allow global market participants to benefit from our functionality and compliance tools, helping them manage new reporting requirements through a well-designed, cost-effective solution," said Bruce Tupper, President of ICE Trade Vault.
Phil Wang, SVP of Product Management at OpenLink, said, "We are pleased to continue our strong partnership with ICE by expanding our connectivity solutions to facilitate SDR reporting to ICE Trade Vault."