Energy trading firms faced significant compliance challenges with UK EMIR reporting, spending countless hours manually extracting trade data from their ETRM systems, transforming it in spreadsheets, and manually uploading files to the ICE trade repository. This inefficient workflow was error-prone and created last-minute reporting pressures before regulatory deadlines.
The manual process created multiple compliance risks human errors in data extraction, inconsistent field mappings, missed lifecycle events, and potential regulatory breaches. With regulatory requirements becoming increasingly complex, firms needed a robust solution that could transform this high-risk, high-effort task into a streamlined, automated background process that ensures timely, accurate submissions every time.
In the manual data extraction tasks.
Automated, timely submissions achieved.
Per reporting cycle daily workload reduced.
In long-term maintenance and enhancement spend.
Consistent, validated inputs ensured.
Value Creed engineered an end-to-end automated UK EMIR reporting framework connecting trading systems to the ICE trade repository. Built for rapid deployment in Allegro, Aspect, Tempest, and other leading ETRM platforms, it streamlines the complete lifecycle from data extraction to submission and status tracking. By centralizing reporting rules, validations, and enrichment logic outside the ETRM, the framework enables fast regulatory adaptation without major development or lengthy release cycles.
Dataset Discovery & Validation
Identified all required UK EMIR data elements trade details, lifecycle events, counterparty attributes, reference data through cross-functional collaboration. Established clear ownership and ensured no critical data points were missed.
Data Mapping to EMIR Schema
Translated ETRM structures into EMIR reporting fields with accurate mappings and clear traceability. Created an audit-ready blueprint ensuring consistent reporting across all commodity types and trade structures.
Transformation & Validation Rules
Centralized all logic for derived values, conditional transformations, enrichments, and standardizations. Built a unified rules engine reducing errors and accelerating changes without ETRM customization.
Lifecycle & Reporting Cadence
Defined data flow timing for new trades, modifications, corrections, and resubmissions. Aligned reporting schedules with operational workflows and regulatory deadlines to eliminate last-minute pressures.
Resilient Integration Framework
Incorporated retry mechanisms, checkpoints, fallback logic, and monitoring to handle outages, network failures, or data issues. Built fault-tolerant processes safeguarding compliance under adverse conditions.
Performance Optimization
Optimized extraction, transformation, and submission workflows for high-volume environments and peak periods. Reduced ETRM load and improved cycle times to handle growing transaction volumes.
Exception Management
Implemented intelligent error handling that identifies, categorizes, and routes issues with daily logs for rapid remediation. Enabled proactive resolution with full lifecycle visibility and reduced compliance exposure.
Value Creed’s automated UK EMIR framework transforms compliance into a strategic advantage, ensuring 100% on-time regulatory submissions to the ICE trade repository with near-zero errors. By eliminating manual processes and automating the reporting lifecycle, teams focus on high-value analytics while our configurable architecture enables rapid regulatory adaptation, comprehensive audit trails, and seamless market expansion.
Explore our suite of solutions designed to empower your trading and risk management functions. Partner with us for a transformative CTRM experience that drives success in today’s ever-evolving markets.
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