ISDA Extends Digital Regulatory Reporting to Support Revised Canadian Reporting Rules – REGnosys

Industry News
21 May 2025

We welcome the news that ISDA plans to extend its Digital Regulatory Reporting (DRR) solution to cover the new reporting rules in Canada!

The news means DRR is now compatible with a trade reporting messaging format used for North America reporting to maximise the benefit of adoption by those firms subject to the rules which are scheduled for July 25 2025.

DRR, powered by our Rosetta product, has emerged as a powerful solution for financial institutions grappling with complex global trade reporting requirements. It is freely available for market participants to review and test.

The Canadian rules will be the seventh set of reporting requirements available on the ISDA DRR following the global regulatory rewrites last year, with more upcoming with Hong Kong scheduled in September.

Read more about the news here.

Similar articles

We are delighted to welcome  Lionel Smith-Gordon as our new  Head of Client Services at REGnosys!

Thursday 24th October 2024
Insights

REGnosys names Lionel Smith-Gordon as Head of Client Services

We are delighted to share that Hugo Hills has been promoted to Vice President of Engineering at REGnosys...

Tuesday 26th September 2023
Insights

Hugo Hills promoted to Vice President of Engineering

This latest instalment in my CDM myth-busting series is somewhat overdue... Not just because my previous one was published months ago, but also because I have sat on its synopsis for so long.

Monday 30th January 2023
Insights

CDM myth #5: No one is adopting it

Get in touch

And learn more about how we're transforming the industry

Data Modelling

Take an existing data pipeline of any form…

Just choose among your existing business processes to experiment a model-driven approach in +/- 2 days.

We can start from any kind of artefact, from XML messages down to Excel or even PDF documents.

… To demonstrate the model-driven approach…

Our team of data engineering experts works in immersion with you and guide the process from start to finish.

Our promise: some executable data pipeline running based on your model by the end of the workshop.

… Which you can deploy within your organisation

All it takes is a cross-functional team of developers and non-developers, who is open to a fresh (and fun!) approach.

The buck doesn’t stop there. That team is now empowered to carry that project forward and build model-based pipelines for your organisation.

01 / 0

Reporting Audit

First, map your data into CDM...

We have it covered it. All it takes is a +/- 2-day immersion workshop with your tech team to build your mappings.

As a by-product, you get a ready-to-use API to convert all your trade data

… And access your audit results on-line…

Once your trade data have been mapped, our reporting engine compares its output to your reports and analyses any discrepancy.

Analysis is developed within 6 weeks and results published into a web application.

… Through a powerful user interface

Forget static audit reports that end-up on a shelf.

Our reporting engine is available on-demand to reconcile your reporting process end-to-end and down to single trade flow, through a fully interactive interface.

01 / 0

Model-Driven Regulation

Bring-on the regulatory text…

Can be anything in your existing corpus, as long as it’s digestible and relatively self-contained.

The target is to deconstruct that text and reconstruct a model of the regulation in +/- 2 days.

… We’ll handle the rest…

Our team of regulatory and engineering experts works in immersion with you and guide the process from start to finish.

Our promise: some executable code running by the end of the workshop, delivered to you and ready for demonstration.

… And you’re ready to develop rules on your own

All it takes is a cross-functional team, ideally all-encompassing from policy to technology, who is open to a fresh (and fun!) approach.

The buck doesn’t stop there. Your team is now empowered to carry that project forward inside your organisation.

01 / 0

CDM Integration

We do the data mappings for you…

Just extract transaction data from your booking, reporting or any other systems, we handle the rest.

We build mappings in immersion with your tech team, as a packaged +/- 2-day workshop that includes valuable CDM training – and is fun (yes, really)!

… And deliver you a packaged output…

Forget data mapping spreadsheets and forget hard-coded translation buried deep into your code base.

What you get is a transparent, maintainable CDM translation dictionary, automatically packaged into an API to translate your internal trade messages.

… Which you can start using right away

Start using the API for testing right away. For production deployment, we offer a range of hosting options that adapt to your technology stack.

The application grows with you. Just edit your dictionary to connect more and more systems to CDM.

01 / 0