Advanced Regulatory Reconciliation

Regulatory reconciliations are complex and can consume a disproportionate amount of resources if executed internally.

Our end-to-end Advanced Regulatory Reconciliation Service tests for the completeness of regulatory reporting by comparing the raw data in your trading systems with the data received by the regulator.

Key features

Identifies mismatches of data (price, quantity, product difference etc) between your firm’s trading systems and what has been reported to the regulator
More comprehensive than standard reconciliations which do not typically check as far back as the trading system
All data sources reconciled and high volumes easily accommodated
Includes detailed management information and findings including reported and non-reported trades
For MiFIR, EMIR, DFA, SFTR, HKMA, ASIC and other G20 regulations.

What do you get?

Advanced regulatory reconciliations are delivered as a managed service at a frequency that you require – usually monthly or quarterly depending on your trading volumes.

Clients receive a summary reconciliation report following each test run which includes management information and detailed results including any errors and fully quantified findings.