The technology arm of Gmex, the derivatives market start-up founded by Hirander Misra, has unveiled a service that aims to ease the burden that buyside firms will face from rules requiring the reporting of derivatives trades.

The service, offered by Gmex's Global Reporting Company and French regulatory and market structure advisory firm CoDiese, will provide an outsourced service that includes reporting tools, data mapping, process monitoring and connections to trade repositories. It will help buyside firms and corporate entities comply with their regulatory reporting requirements.