Fennia Life and Fennia Mutual selects TradeseC EMIR solution

Fennia Life and Fennia Mutual selects the TradeseC EMIR module to automated their reporting obligation.

Fennia Mutual and Fennia Life uses TradeseC EMIR for Trade reporting solution of ETD and OTC contracts to Regis TR under the EMIR regulation. Regis TR is one of the approved trade repository defined by ESMA.

TradeseC EMIR creates an automated integrated reporting and validation process from Fennia’s back office system SimCorp Dimension to Regis TR, thereby providing full transparency on transaction level.

TradeseC EMIR support FX, Futures, Options, Swaps, Swaptions, TRS, FRA and CDS. TradeseC EMIR are cuttently being used by Seventh AP Fund, Länsförsäkringar AB, Elo, Local Tapiola and Fennia.

Enquiries regarding this announcement and TradeseC EMIR should be addressed to

Andreas Bergh, Vice President Head of Sales, TradeChannel AB, +46 (0) 812 13 95 19

About Fennia

The Fennia Group consists of Fennia, Fennia Life and Fennia Asset Management Ltd. Together the companies offer their clients competitive, high-quality non-life and life insurance and asset management services. Fennia and our insurance activities date back to the 19th century, giving us a solid professional foundation.

The Fennia Group provides various risk management and insurance services for enterprises, their personnel, entrepreneurs and private households, as well as flexible client financing solutions. Find out more on www.fennia.fi.

About TradeChannel

TradeChannel AB is based in central stockholm where the company develops, supports and sell its standard solution TradeseC, an integration hub that streamlines the transactional communication and distribution for our clients.

TradeChannels client base consist of some of the largest asset management firms, fund managers and fund administrators in the Nordic including NN investment partners in the Netherlands.

The company has extensive financial and technical knowledge.