CLSReporting on the way

CLS is launching CLSReporting, a reporting product for FX matched instructions that supports members with their MiFID II reporting requirements.

March, 2018

Alan Marquard
Alan Marquard

CLS is launching CLSReporting, a reporting product for FX matched instructions that supports members with their MiFID II reporting requirements. In response to market demand, CLS will provide the ability for parties and counterparties to FX trades to exchange additional information in their settlement instructions submitted via SWIFT FIN and ISO20022 XML messages. The trade information will be collated from CLSSettlement and CLSSameday in a single report after end-of-day processing has occurred for each service.

“Alan Marquard, Chief Strategy and Development Officer at CLS, said: “By allowing clients to include additional information in their settlement instructions and providing a downloadable end-of-day report, we can help them to easily capture data and streamline their MiFID II reporting processes.”