The introduction of EMIR Refit was a key driver of FCS reviewing its transaction reporting technology. While the firm had a digital system in place already, the new reporting requirements threatened to overwhelm the team and their existing technology. They needed to find a way of automating their transaction reporting so that their processes were scalable.
The team at FCS Capital spoke to several vendors as part of its selection process but said that eflow immediately stood out as a good fit for their business.
Not only did our transaction reporting system offer an impressive solution to their challenges, but they quickly established that the eflow team’s technical knowledge was second to none.
Our experts were able to advise us on FCS’s transaction reporting processes and make recommendations on how to streamline them, which was very helpful and added real value.
eflow's transaction reporting technology streamlined FCS's data reporting processes.
Our in-house experts were able to advise FCS on the most efficient way of meeting their regulatory obligations.
eflow was able to simplify a potentially complex requirement through our highly configurable software.
"It quickly became evident that the eflow team was able to offer additional value through their expertise. We deal with some unique trades, so we had to configure the system to meet these specific requirements. What could have been quite a complex process was made so much easier by the knowledge and experience of the eflow team."
