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London Stock Exchange Group
UnaVista Technology
Natalia Kryukova
11 November 2015 Page 1
London Stock Exchange Group
Alignment with LSEG Value Chain
Page 2
Primary Trading Middle & Back Office Clearing Settlement &
Depository
Information
Technology
UnaVista Business Solutions
Risk and Controls
Regulation
Data & Analytics
Operational and Regulatory
Risk Management
Solution
Page 4
Risk & Controls
Central Solutions Approved EMIR trade
repository (all asset classes) Approved Reporting
Mechanism (ARM) MiFID G20 transaction reporting
_ global repository and routing
Regulatory Solutions -e.g. AIFMD Short Selling Financial Transaction Tax Primary dealer (HRF) EU Transparency directive Mergers & Acquisitions
(POTAM / Rule8) Section 793 UK companies
Rules Engine
Reconciliations Cash & Stock Front Office/Back Office Broker (CFD trade) Client Money NAV Intersystem / InterCompany Transaction reporting
MiFID eligibility checking Forward FX Commission sharing Back Testing (BASEL II) ETD Exchange (Gross & Net)
Swaps Processing Tri Party Matching
Buy side Executing Broker Swap writer / prime
brokerConfirmations
Broker Matching Broker/buy-side Low automation SWIFT GETC
Full lifecycle matching & routing supported
Omgeo integration OGD & CTM
Bilateral netting FIX connectivity & local
matchingCCP Connectivity
Data SEDOL Masterfile Corporate actions Participant trade data LSEG historic Reference data EMIR data feed MiFID eligible stocks MiFID historical data (for back
reporting) Tick & Enhanced best price data LEI Data Feed CAI Data Feed EMIR public aggregation dataAnalytics Reporting KPIs Management Information User Defined Thresholds Peer to Peer MAR Surveillance
Operational and Regulatory Risk Management Solution
UnaVista Business Solutions
UnaVista Platform Solutions
Operational and Regulatory Risk Management Solution
Regulation Risk and Controls Data & Analytics
5
Risk Management Evolution
BespokeBuild/Buy
RegionalSolutions
GlobalRepositories
StrategicFrameworks
• Tactical local solutions• Operational silos• Geographically dispersed
• Single regulation, regional solutions
• Streamlined operations• Regional control frameworks
• Global• Multi regulation • Business insight• Risk mitigation
GTR
UnaVista
UnaVistaOn
Big Data
BusinessValue
Tactical Regional Centralization Optimization
ReportingPlatforms
London Stock Exchange Group
Software Testing for UnaVista
11 November 2015 Page 6
UI
Data Input
Data Validation
Data Normalization
Data Transformation
DB
FW Selenium
FW Selenium
Reconciliations
Development
Test Scripts Test Scripts
Test Results Test Results
Solution Functional
Testing
Platform Regression
Testing
Platform Functional
Testing
Solution Regression
TestingReconciliation Testing
Two New Regulation Products
Page 7
EU Short-Selling:
• Covers Equity and Sovereign Debt positions in EU
• Automated, jurisdiction specific, short position threshold monitoring
• Formatted private and public disclosures to relevant Competent Authorities
EU+ Transparency Directive:
• Covers EU plus 9 adjacent economies (Switzerland, Russia, Turkey, etc..)
• Automated monitoring of equity based long positions
• 4-eye disclosure workflow and ability to suppress jurisdiction-country combinations
UnaVista Regulatory Reporting
Page 8
• Technology platform to support global reporting
needs
• Single, strategic reporting platform:
• Only TR proving EMIR TR and MiFID ARM services
• G20 reporting for multiple jurisdictions
• FTT, AIFMD, Short Selling, Transparency Directive,
M&A and others
• Provision of all reference data: ISIN, SEDOL, LEI,
eligibility, etc..
• Only future provider or EMIR, MiFIR and APA
services from one vendor
UnaVista’s MAR Transaction Surveillance
Data AnalysedIf you already report to UnaVista as a MiFID Approved Reporting Mechanism, UnaVista will leverage the data already provided to seek and detect potential instances of suspicious transactions.
Types of suspicious transactions detectable by UnaVista: Insider Trading (part of MAR 1.3):
• Based on price movement and trade profitability thresholds
• Weighted by asset class and duration open
Market Manipulation (part of MAR 1.6):• Front Running - Based on Agent vs. Proprietary trade indicator
• Restricted List Analysis – Based on supplied list
• Parked Trades Analysis - By monitoring trading books
• Wash Trade Analysis - Based on trades of similar price
• Cancellation Analysis - Based on trade cancellation
All of which are major forms of market abuse prosecutable under both MAD and MAR. UnaVista does not monitor for non-quantitative forms of market abuse such as spreading misleading information, or non-compliance with research disclosure and managerial disclosure requirements.
Page 9
Thank You
Jan
Jul 2015 Jan 2016 Jul 2016 Jan 2017 Jul 2017Jan 2015
Rules Engine: G20 Derivatives Reporting, REMIT, DTCC Connectivity
Regulatory Reconciliations: MiFID, EMIR, REMIT, Canada, Dodd Frank, G20
Cen
tral
Solu
tions
EMIR L2MiF
IR R
egul
ator
y S
uite
MiFIR / APAProduction
Reference Data: MiFIR, LEI, EMIR, SEDOL, Static Data
2015-2017 MiFIR UnaVista Regulatory Package Roadmap: MiFIR, EMIR, G20, SFT, CPR, APA and BI/Transaction Surveillance for all.
EMIR V2 Commodities Reporting / SFT
Static & Reference Data, MI, Peer To Peer, LEI Monitor
MiFIR Accelerator
MiFIRUAT
APA/ Rules Engine
Test tool ready UAT ready Production ready
EU Short Selling, Transparency, M&A FinFrag Reporting
May 3, 2023London Stock Exchange Group Page 10