Transaction reporting is every firm’s legal obligation under MiFID II, EMIR and other regulatory regimes, requiring firms to send their trade data at T+1 intervals to a selected Approved Reporting Mechanism (ARM), National Competent Authority (NCA) or Trade Repository.
With up to 65 different data fields and over 300 validation criteria, transaction reporting can end up costing a huge amount of time, money and effort for firms. But it doesn’t have to be. SteelEye completely automates data collection, normalises data received in different formats and enriches it with additional information required by the regulations, like LEIs and ISINs.
We create and validate your transaction reports, all you have to do is click a button to submit. Time saved, money saved, load lightened.
Click here to arrange a demo and see how SteelEye reduces your regulatory compliance burden.