Peer Analysis Infographic | MIFIR Transaction Reporting: Perception vs. Reality

Author

Matt Chapman, Charlotte Longman

Publish Date

Type

Article

Topics
  • Compliance
  • Trade & Transaction
  • Managed Services

When it comes to MiFIR Transaction reporting how confident are you?  Or more importantly, how confident should you be?

Over the last three years, we’ve conducted a series of industry polls to better understand industry confidence in MiFIR reporting quality as well as existing and emerging consensus on approaches and key challenges.

While the results indicate widespread confidence in the quality of reporting, our own analysis of firms’ data quality, supported by information obtained from the FCA under Freedom of Information requests, suggest that most firms still have a long way to go.

Download our latest peer analysis infographic, which outlines:

  • Confidence in Quality 
    • completeness, timeliness and accuracy
    • frequency of market data processor (MDP) downloads
    • implications of errors and poor-quality data
  • Key Challenges
    • greatest reporting challenges
    • who has the overall responsibility for daily exception management?
  • Recommendations and Next steps

Download Infographic 

How we help

Our transaction reporting specialists are on hand to help your firm identify failings in the completeness, accuracy, and timeliness of your trade and transaction reports.  

Book a free review

Click here to book a free transaction reporting review to help identify problems in your regulatory reporting before the regulator does. This includes a summary report identifying, among other things, the percentage of reports submitted that include an error and the number and type of errors affecting those reports.   

With ACA Regulatory Reporting Monitoring & Assurance (ARRMA) support, firms benefit from a service offered by no other firm; a unique blend of technology and consulting that identifies transaction reporting errors and provides practical advice/support to resolve them.