LSE's UnaVista Gets FSA Nod

 

The London Stock Exchange has gained approval from the UK Financial Services Authority to provide an Approved Reporting Mechanism for transaction reporting, using its UnaVista Web-based matching, validation and reconciliation platform. In addition to the validation services required by MiFID, UnaVista will also provide tools for firms to monitor the quality of transaction reports, and to reduce the risks and costs of incorrect, late or duplicate reporting.