Market Overview

C24 Technologies Introduces New Derivatives Regulatory Reporting Solution


C24 Technologies, a leader in financial services messaging and integration solutions, today announced the C24 Derivatives Regulatory Reporting solution, a software product and reporting framework enabling firms to jumpstart their derivatives and compliance initiatives.

The Dodd-Frank Wall Street Reform and Consumer Protection Act and the European Market Infrastructure Regulation (EMIR) require firms to comply with swaps reporting, transparency and recordkeeping rules today in the U.S. and starting January 1, 2013 in EMEA. Many of the new and pending regulations require swaps information to be reported to agencies in new, highly structured data formats, creating a costly and time-consuming data integration challenge for all derivatives firms. The C24 Derivatives Regulatory Reporting solution accelerates swaps reporting and communication with data repositories through the creation and delivery of regulatory reporting services that collect information from various systems and generate the appropriate report – whether in FpML, CSV, or any other data format.

The C24 Derivatives Regulatory Reporting solution consists of C24 Integration Objects; prebuilt FpML, FIX, FIXML and SWIFT standards libraries; test cases; and consulting services tailored to the user's specific needs. The solution provides comprehensive support for FpML 5.3 messages, validation rules, and Reporting, Transparency, Confirmation and Recordkeeping Views saving firms considerable time and effort over custom-coding reports. To speed reporting compliance, the solution simplifies the integration with data repositories including the DTCC Global Trade Repository (GTR).

C24 Integration Objects is a data modelling, meta-data management, transformation and messaging integration toolkit based on Java data binding technology with in-depth support for over 40 industry standards that also include SWIFT MT/MX, ISO 20022, and SEPA. The product fully integrates with Spring, ESB, grid, caching and cloud technologies.

“Financial firms are under unprecedented pressure to implement new post-trade matching, OTC derivatives, and regulatory reporting processes” said Wayne Meikle, commercial director, C24 Technologies. “These business processes require the integration of diverse financial standards with internal and external data models. With the C24 Derivatives Regulatory Reporting solution, financial firms vastly improve operational efficiencies and significantly reduce the costs and risks inherent in these software projects.”

About C24 Technologies

C24 Technologies is a software company specializing in financial services messaging and integration solutions. Companies worldwide significantly decrease the time and costs for integrating financial standards and systems using C24's data interoperability tools and pre-built standards libraries. Comprehensive support is provided for over 40 industry standards including SWIFT MT/MX, ISO 20022, FpML, FIX and SEPA. For more information or to download an evaluation version of C24 Integration Objects visit or email

Follow C24 on Twitter: @C24io

C24 Integration Objects is a trademark of C24 Technologies. Any other marks contained herein may be trademarks of their respective owners.

C24 Technologies
Ray Christopher, 212-572-6493

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