See here on LinkedIn for an interesting post by Harry Nota of OpenLink on why it is wise to invest in a more strategic solution to meeting various trade reporting needs, sooner rather than later.
The argument is made that each time one builds a tactical solution, the chances of throwing away the work and having to restart increases. Thus it is argued that one should avoid the temptation to “go tactical” for REMIT, and instead implement a strategy as soon as possible for a more sustainable system, hopefully placing companies well to also implemnt other rules such as MiFID II
About avivhandler
Aviv is the Managing Director of ETR Advisory, a niche consultancy focused on the regulation of the commodity, energy and financial markets.
He has more than 23 years of experience in the financial, energy and commodity markets, covering regulatory compliance, credit, risk and financial technology.
Prior to founding ETR, he was Partner at SunGard Global Services, where he built a Centre of Excellence in European Energy and Commodity Regulation.
Before that, he founded Coherence, a consulting firm specializing in credit risk in commodity and energy trading as well as software product management. The credit practice ultimately became part of Sirius Solutions, where he was the Managing Director of Europe. He has also held management roles at KWI and Iris Financial, among other organizations.
Mr. Handler holds a degree in computer science from Imperial College, University of London.
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