Fidectus Earns Registered Reporting Mechanism (RRM) Status under REMIT

Fidectus is proud to announce that we are now officially a Registered Reporting Mechanism (RRM) under REMIT (Regulation on Wholesale Energy Market Integrity and Transparency).

A Journey of Challenge and Reward

It’s been an incredible journey - both challenging and rewarding, requiring thorough testing, attention to detail, and perseverance. This milestone reflects our ongoing commitment to simplifying compliance and improving operational efficiency for energy market participants. It also strengthens our position as a trusted partner in the energy trading industry, supporting our customers in navigating complex regulations with confidence and precision.

Addressing the Challenge of REMIT Compliance

Since the introduction of REMIT, energy market participants have faced the complex, time-consuming task of reporting transactions and market-relevant events to the EU Agency for Cooperation of Energy Regulators (ACER). The regulation's high complexity and room for interpretation make it difficult to ensure accuracy and efficiency. For many, balancing compliance with daily operations has proven to be a significant challenge.

Our Solution: Seamless, Intuitive, and Comprehensive

At Fidectus, we specialise in OTC post-trade processes. As an officially recognised RRM, we offer a robust solution to streamline REMIT compliance. Our fully automated and flexible Regulatory Reporting Hub ensures that transaction and fundamental data are processed efficiently, validated thoroughly, and submitted directly to ACER.

With Fidectus, you gain:

• Integrated Workflows: Embed REMIT compliance directly into your OTC post-trade processes, eliminating manual effort and minimising errors.
• Data Accuracy and Validation: Ensure error-free submissions with powerful validation tools.
• Real-Time Insights: Stay informed with tracking and reporting updates, giving you peace of mind.
• Scalability: Handle large data volumes effortlessly with a solution that grows alongside your needs.

The Fidectus Advantage: Innovating OTC Post-Trade Processes

Our approach goes beyond compliance. With advanced features in our Regulatory Reporting Hub, we empower energy traders to focus on what matters most. Key highlights include:

• Customisable Dashboards: Track submission statuses with ease.
• Comprehensive Data Validation and Error Guidance: Streamline your operations.
• Automated Solutions: Speed up workflows with increased reliability.
• Transparent Archiving: Enjoy secure, revision-proof monitoring and reporting.

Ready to Streamline Your Compliance?

As your trusted partner in regulatory reporting and OTC post-trade processes, Fidectus is dedicated to transforming complex tasks into efficient workflows. Whether you're looking to simplify REMIT compliance or optimise your post-trade processes, our solutions are designed to deliver.

See the full list of RRMs here and contact us today to learn more about how Fidectus as an RRM can help you achieve seamless compliance and operational excellence.

Together, let’s navigate regulatory complexity with confidence and clarity!

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