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SymQ Emir study shows need for action

The daily routine of treasurers is currently dominated by the migration to SEPA. The new European Market Infrastructure Regulation (EMIR) adds an additional workload to many companies right now. As of 12 February 2014, new reporting requirements apply to all companies trading with OTC derivatives. These requirements were agreed upon at the G20 Summit 2009 in order to make OTC derivatives trading more transparent and secure.

SymQ, the Hamburg-based SAP consulting firm, wanted to know, if German companies are prepared for EMIR and carried out a survey among treasurers in October 2013. 100 treasurers responded to our questions.

We have evaluated the responses in our EMIR survey, and would like to thank all those who participated in the survey. Would you like to know more about EMIR or are you looking for support when adjusting your SAP TRM to the new European regulation? Then, please take a look at our EMIR website or contact us directly.