At Cappitech, we wanted to make it as easy as possible and cost efficient for online brokers to comply with EMIR regulation. This is done by focusing on three principles; flexible integration, automation and cost savings through delegated reporting.
Flexible integration: Capptivate, our EMIR reporting platform, easily integrates with trade recording formats from popular trading platforms like MetaTrader 4/5, proprietary brokers systems, CRM software and databases from bridge providers such as OneZero, Gold-i and PrimeXM. As each broker’s needs and setup is unique, our goal is to adapt are connectivity to what fits best for our clients.
Automation: As a leading technology provider in EMIR reporting sector, one of our goals is to reduce the ongoing work for our customers. We do this by working with them to create a process that automates the generation of files to limit their day to day manual activity.
Delegated reporting: For online brokers with high volumes of trades, EMIR compliance can easily cost over €150,000 in reporting fees paid to Trade Repositories for report submissions. Cappitech is able to reduce this expense by providing delegated reporting services and cultivating relationships with Trade Repositories. Through this feature, Cappitech submits reports on our client’s and our customers are able to leverage our economy of scale to receive lower per-trade report fees.
iFOREX is one of the most established brokers in the online retail forex and CFD trading sector. Due to rising fees for reporting directly to a trade repository, iFOREX tapped Cappitech and their Capptivate platform to provide cost savings through their delegated reporting service. Read the Case Study
Tradeo is a social broker that has been operating as a white label brand under regulated brokers for numerous years. When Tradeo gained their own regulation and migrated their customers to their independent trading systems, they chose Cappitech to help them start reporting for EMIR and provide a seamless migration. Read the Case Study