We are proud to announce that since its launch MAP-ERS has successfully and timely reported over 10,000,000 trades via its unique and specialised platform, with zero downtime and 100% success rate!
In line with our commitment to the high-calibre institutions including banks and investment firms from all over the European Union who have become members of MAP-ERS, our teams have recorded yet another first ensuring full and timely compliance for all members of MAP-ERS. Our systems have been accepting Collateral Valuation Reports since the July 23 – i.e. three weeks ahead of the August 11th EMIR deadline for submitting daily mark-to-market valuations of positions and collateral updates.
The MAP-ERS platform, designed and built by Europe’s leading and awarded financial services consultants, MAP S.Platis, provides ease of access, fast processing and enhanced security protection for the transferring and handling of data, whilst it is supported by our experienced in-house teams of compliance professionals and IT specialists. Our platform applies fully-automated error-validation controls on the submitted files with a very detailed explanatory feedback and weekly reports which indicate the reporting frequency and the volumes of each Client for better management and monitoring, which together with the continuous guidance and assistance by our consultants, provide invaluable guidance to our members’ reporting procedure.
For more information please visit www.mapsplatis.com/map-ers.