Comment Text:
Risk Focus is pleased to provide comments on the CFTC Draft Technical Specifications for Certain Swap Data Elements.
Risk Focus offers the only commercially available Data Validation and Trade Repository Emulation service (https://validate.trade). Validate.Trade is a rules based validation engine that codifies and distributes data validation rules to help market participants meet the data quality expectations of Global Regulators, including the CFTC and SEC. In this capacity, we support efforts by regulators to define the usage, content and format of critical data elements and to prescribe specific swap data reporting and recordkeeping rules.