Tech and infrastructure demands of reporting data put pressure on banks and regulators

Regulators and banks are struggling to deal with the technology and infrastructure demands posed by trade reporting requirements, and there is a lack of clarity on what regulators will do with the gigantic amounts of data flowing into trade repositories, panellists said at the 10th annual FX Week Asia conference in Singapore.

"There is a messy disconnect between what the original goal of reporting rules were and what the current reality is. There are conflicting regulatory regimes and a high