Trade reporting challenges require data re-think

Data accuracy issues are hampering some firms’ regulatory reporting abilities. So why aren’t data professionals more involved? And how can compliance costs be turned into revenue drivers?

As the amount of regulation governing participants in the financial markets increases, so does the compliance burden on these firms. Many require voluminous amounts of data to report an event or transaction, with each report containing dozens of fields that must be filled out, often using data stored in different systems within a firm.

For example, when the revised Mifid II and Mifir rules came into force governing financial transactions in Europe in 2018, the number of fields in a transaction

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here