We gave a presentation on the EMIR REFIT amendments, covering the current changes and requirements to help market participants to develop more efficient and up-to-date financial processes. The presentation covered what actually gave rise to EMIR REFIT, how the regulatory environment has evolved over the last decade and a half and what new challenges reporting agents face. The first report under the new legislation is due on 29.04.2024, which not only has a new content and reporting logic, but also a new format that will finally say goodbye to the previously accepted csv format and will only accept the ISO 20022 XML format.
It was a great pleasure for us that both our clients and independent operators, as well as KELER, attended the workshop.
As part of the presentation, we also presented plans on how the new requirements will be served by the new EMIR module of InFoRex. We trust that the information we provided will help you navigate the challenges of the EMIR REFIT amendments and that you will choose our new InFoRex module to support your daily tasks and workflows.
If you have any further questions or comments, please contact us!
ACCELERATING TECHNOLOGY DEVELOPMENT
In a fast-paced IT world, especially for security reasons in the banking sector, it is essential to keep up-to-date with the latest versions of the software you use. However, for a core banking system with a custom implementation, this is no small task and requires a significant commitment of resources from the users. This is where our test automation service can be a great help.
Contact us to find out what test automation can do for you, how we can take advantage of it in-house and what we can offer our customers in terms of resource requirements for regression testing and quality assurance of live versions.
At FX Software, we aim to ease the transition for treasury processes. Our solutions, available in InFoRex, our integrated treasury system, assist in both the proper recording and revaluation of existing IBOR affected portfolios (so-called Legacy portfolios), and the implementation of alternative reference rates (ARR), as well as the ex-ante quantification of the risks associated with the transition.
2021.11.06. – BLOOMBERG & FX SOFTWARE
Bloomberg & FX Software joint webinar in treasury innovation topic: possible use of artifical intelligence in the everyday activity of the sales desk team.
For those who were unable to attend the event, we are making available our slide show here.
2022.12.28. – INNOVATION IN SOFTWARE TESTING – IS AUTOMATION THE SOLUTION?
The aim of our study is to investigate the theoretical and practical effectiveness of automated software testing. We assess the criteria for choosing automated testing software and highlight the cases in which automated testing is more effective than manual testing. First, we compare the two testing methodologies on a theoretical level, then we present a real business case study to illustrate the selection of a testing software and perform a practical comparative analysis. A comparison of five automated test systems reveals that, in addition to basic technological and economic requirements, flexibility and reliability are also key considerations in the selection process. The study also shows that automation can only be effective in the case of repetition. However, for a software developer with at least ten customers, it is worthwhile to move towards automated testing.