Successful Launch of TecconTR 2.0 to Achieve EMIR-REFIT Compliance for the EU and UK
The successful launch of the regulatory reporting solution TecconTR version 2.0 has enabled five clients to fulfill their reporting obligations under the new EMIR REFIT requirements in both the EU (ESMA) and the UK (FCA) on time. TecconTR offers the perfect solution for the transition from EMIR to EMIR Refit. Additionally, the solution includes reporting functions for other regulations such as MiFID/MiFIR, Finfrag, and SFTR, ensuring our customers are well-protected and benefit from a comprehensive platform.
Customer-Centered Solutions Through Agile Methods and Flexible Architecture
With an agile approach and a technical architecture designed for flexibility, the Teccon team has demonstrated its ability to respond individually to the specific requirements of each customer. This agility has enabled the quick and efficient implementation of customizations for EMIR Refit, precisely addressing the specific compliance needs of our clients.
Important Improvements in TecconTR 2.0
The introduction of TecconTR 2.0 has brought numerous enhancements to help customers organize their reporting processes efficiently and accurately:
‘One Solution’ Approach for Comprehensive Reporting Capabilities
While the launch of version 2.0 focused on EMIR Refit, TecconTR also covers the regulatory requirements for MiFID/MiFIR, Finfrag, and SFTR. This comprehensive reporting platform allows our clients to manage all major regulations in a single solution, reducing the effort and complexity of compliance reporting in the long term.
Future Prospects
TecconTR is continuously being developed to meet the latest regulatory requirements. We are ideally positioned to meet the new MiFID/MiFIR requirements in 2025. Our roadmap includes further optimization of the system through regular feedback and the latest regulatory changes. This will ensure that we continue to offer our customers a stable and adaptable solution in the future. The combination of a scalable architecture and an agile development approach ensures that TecconTR remains the preferred solution for compliance reporting in the future.
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