RTS 1 and 2 of MiFIR require firms to report the financial details of their trades to an APA for publication to the market, as close to real-time as possible after the trade has occurred. While this is often lower on a firm’s list of priorities, it’s something that should have the same governance and controls as other regimes.
In addition to reporting in a timely manner, firms need to ensure that the data they’re submitting is accurate too. At Kaizen we don’t just check data samples – our multi-dimensional testing methodology has been adapted to meet the requirements of RTS 1 and 2 and provides a full, impartial quality assessment by testing every data field.
Watch our video to find out why it’s time to focus on the quality of your Post-Trade Reporting data.