Recent volatility in the markets has pushed governments to
introduce more and more regulation. For companies like yours, this
means more data to gather and report on in short timescales.
Rules keep evolving as the regulators respond to different
pressures. What may seem a simple change often ends up requiring
complex process and system modifications.
The current typical process of employing ad-hoc desktop software
increases the burden on operational staff and isn't scalable along
with the problem. The rules are getting more complicated, volumes
are increasing and more asset classes are being encompassed.
The risks associated with regulation can vary; increased
operational costs to meet compliance, regulatory fines and loss of
business due to impact on reputation, and the extreme scenario
where restrictions are imposed on what markets or asset classes
companies can participate in.
Our Elements platform has a number of solutions available that
target regulatory reporting. These allow your organisation to
comprehensively manage the business process and take control of
your data. By doing this you get a clearer understanding and can
use the insight to adapt your business as you need.
We're currently focusing on the following areas:
• MiFiD - Transactional Reporting to the FSA and other
European Authorities.
• SEC - Large Trader Transaction reporting.
• DMO - Gilt Transactions as a Market Maker.
What does it do?
Capture all the data you need from your existing systems. Make
sure it's correct and add in missing parts. Understand what needs
to be reported to who and why. Send the data to the right people at
the right time and in the right format. See overall audit and risk
information so you can manage your business. Get additional
benefits from the set of data you've collected.
