• What’s happened?

    Preparing for the go-live of a new regulation such as MiFID II or an update to a regulation such as the upcoming EMIR rewrite can be a massive reporting headache.

    We have a proven track record in helping firms understand their obligations and get their testing and controls in place. We are helping a number of firms with their MiFID II preparedness so that they can get on the front foot with their reporting.

    We can independently identify issues before go-live and in production so that you hit the ground running to meet your reporting obligations.

  • What challenges do you face?

    Under MiFIR (RTS 22, Article 15) firms are required to put in place testing and reconciliation for go-live on 3 January 2018. Failure to do so will be a regulatory breach. The new obligations are complex, and designing and building effective controls in-house is a huge challenge requiring significant resources.

    “The specific demands that MiFID II requires of firms establishes it as the most demanding and challenging regulatory reporting ask of 2017”. Read more

     

  • How Kaizen can help

    We can put in place a comprehensive set of controls that will detect issues with your regulatory reporting before go-live – at significantly less cost than if you were to develop them internally.

    Our advanced reconciliation, quality assurance and reference data testing will correctly identify and quantify any errors, while our comprehensive control framework will give you the governance structure, policy documentation and training you need to be compliant with new obligations.

    Contact us to discuss your MiFID II challenges or if you have a new regulation that’s causing you stress, we can help.