Outsourced trade reporting services ramp up ahead of key deadline

Industry aims to coalesce around a standard agreement for third-party reporting

With new EU rules that require reporting of derivatives trades fast-approaching, a flurry of new services to help the industry handle the burden is continuing to emerge.

Many market participants - particularly buyside and corporate firms - are finding it difficult to meet a February 12 reporting deadline and are looking for third-parties that will take on the responsibility for them.

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Inside the Wall Street Recruitment Wars Pitting Banks Against Buyout FirmsExternal link

Inside the Wall Street Recruitment Wars Pitting Banks Against Buyout Firms