SFTR reports will need to be compliant with validation rules – there’s no doubt about that. However valid data is not necessarily correct data. Just because the report has been validated doesn’t mean the actual data within the fields is accurate.
Our Senior Regulatory Reporting Specialist Jonathan Lee spoke to the Securities Lending Times to explain what we call the ‘valid but wrong’ problem and how Kaizen can help firms make sure that data quality is established and maintained once SFTR is a live reporting regime.
- Watch Jonathan speaking to Justin Lawson, Publisher of the Securities Lending Times.
For further details of how we can help you prevent ‘valid but wrong’ reporting, please contact us.