With the introduction of the IOSCO principles in 2013, and the new European Benchmark Regulations (BMR) with associated Technical Standards from ESMA, Benchmark Administrators are now required to meet a higher standard of performance and compliance.
GRSS is ideally placed to be able to assist benchmark administrators of IBORs, FX fixings, Indexes and other benchmarks in how to meet these new standards.
GRSS has been operating in the European Benchmark space since 2013, and operates as the Benchmark Administrator for the PRIBOR benchmark. During this time it has developed policies and procedures in accordance with IOSCO principles and the new BMR regulation.
Contact us and we can assist you in understanding how you can meet new standards, and how GRSS technology and other services may help you.