Collateral reporting

Collateral reporting has already commenced in ASIC, and will be in scope for MAS reporting starting 1 November 2016 based on the latest consultation paper.  Collateral reporting is challenging because collateral value is often maintained at the portfolio level and may require additional logic to link to each individual trades. Furthermore, validating that all the trades reported are correctly linked to the collateral portfolio can be time-consuming. This causes significantly more operational effort and increasing risk of misreporting.