The Danish independent pension company PFA has chosen TradeChannel and the solution TradeseC to manage their trade-reporting obligation under EMIR.
The TradeseC EMIR solution is integrated to PFA’s portfolio management system, providing PFA with a fully automated validation and reporting process to their Trade Repository DTCC. TradeseC EMIR enables a high level of control and transparency, making it possible to monitor transactions, valuations and collateral in the reporting process.
”With all the changes we have seen in EMIR we felt the need for a solution that would give us peace of mind. With TradeseC and TradeChannel we feel confident that we will be compliant, regardless of any future changes. This solution enables us to solely focus on our core business rather than on reporting.” – Jesper Blok, Head Of Operations, It, & Projects, PFA Asset Management
TradeseC EMIR covers both OTC and ETD and is currently used by clients in Denmark, Finland, Norway and Sweden.
”We are happy to be selected by PFA and pleased that we are extending our presence in Denmark. It’s great to see that we can provide a solution that brings serenity to our clients. We look forward to support PFA in being compliant and to provide them with regulatory updates from DTCC and ESMA.” – Carl Zenzén, COO, TradeChannel AB
Enquiries regarding this announcement and TradeseC should be addressed to
Andreas Bergh, Vice President, Head of Sales, TradeChannel AB, +46 (0) 812 13 95 19
PFA Pension was founded in 1917 and is Denmark’s largest commercial pension company. The PFA Group has assets of more that DKK 500 billion (USD 79 billion), and its premium income exceeds DKK 30 billion (USD 5 billion) from approximately 1.2 million customers.
TradeChannel AB is based in central Stockholm where the company develops, supports and sells its standard solution TradeseC, an integration hub that streamlines the transactional communication and distribution for its clients. TradeseC provide solutions under the three main areas: Investment Management, System Integration and Legal Transaction Reporting
TradeChannel’s client base consists of some of the largest asset management firms, fund managers and fund administrators in Northern Europe. The company has extensive financial and technical knowledge and acts as an integration partner for its clients.