Point Nine CHRISTINA BARBASH & ALEXIA KOKKINOU BDM & Head of Client Success at Point Nine
Q Tell me about yourselves, your background, and your current role at Point Nine.
such as MMSR. We are aiming to give more back to our society through our CSR.”
Christina: “I’m originally from Ukraine and moved to Cyprus 16 years ago. I had been working in the Forex industry for seven years before I joined Point Nine. During my tenure in the Forex Industry, I had heard about the Fintech and Regtech industry and immediately became interested in it. It was then that I decided to make a change. Today, my role at Point Nine is Business Development Manager. I help bring in new business and partnerships to the company. We work hard to establish partnerships with different companies that will allow us to grow further.”
Q You have been working at Point Nine for a long time. Describe to us how Point Nine started to offer Trade & Translation Reporting services. What were the big obstacles along the way? How did you manage to establish Point Nine as one of the premier providers in this industry?
Alexia: “I studied Mathematics and have a Master’s degree in Actuarial and Finance Mathematics. I joined Point Nine as an Operations Analyst offering middle and back-office services to Funds, Hedge Funds, Investment Banks, amongst others. Two years later, I was transferred to the regulatory reporting department of the company as a Client Success Manager. Following the acquisition of Point Nine from MUFG, I was offered the Head of Client Success at Point Nine Data Trust. One of the primary responsibilities of our team, among other things, is to understand our clients’ requirements, assist them with their reporting operations, and deliver solutions that are aligned with their business requirements and specifications. According to our clients’ needs, we will onboard them and liaise internally to adjust our system on our clients’ bespoke business rules. The maintenance of our clients’ reporting processes is one of our top priorities; hence we are in constant communication with them to eliminate and mitigate any issues or exceptions that may arise.” Q What are the plans for 2022 for Point Nine? Christina: “Our goals for 2022 include growing our market presence through strategic alliances. Along with that strategy, we want to grow our team of Point Nine-ers. We are also in the process of increasing our product and service coverage to all major jurisdictions, including USA, Singapore, Hong Kong, and Canada and also add more EU/UK reporting regimes,
GAME CHANGERS Issue #39
Alexia: “When the founders of Point Nine met two of the most capable professionals in the RegTech industry, they saw it as an opportunity to expand our service offering to clients. At the time, RegTech was in the early stages of development, and recruiting these experts turned out to be a great decision. These two professionals are now the partners, the CEO, and CP&TO of Point Nine Data Trust. The complexity of the reporting requirements and specifications, and the large number of required fields to be reported were among the difficulties we had to overcome. The guidelines that were initially provided by the authorities were vague and kept changing continuously through the years—something that still happens. Point Nine personnel now have the knowledge and expertise to untangle regulations and understand and implement the updates and amendments for each regulatory regime. We relied on our team of experts in every aspect and managed to become one of the leading companies in the RegTech industry.” Q What exactly does Point Nine offer? Christina: “Point Nine Data Trust is an industryleading team of experts specialising in trade processing and reporting. We serve as a dedicated regulatory reporting firm focused on providing trade and transaction reporting services to legal entities across the globe. Point Nine works with financial firms—both on the buy- and sell-sides—financial services providers, and corporations to help them ensure high-quality and accurate reporting to remain compliant with EU and UK (EMIR, MiFIR, SFTR), Australia ASIC, and Switzerland FinfraG. Point Nine also maintains 100% accuracy in MiFIR, SFTR, and 99.95% accuracy in EMIR / ASIC reporting.
