Qomply Diagnostic Solutions

MiFID Post-Trade Quality Assurance & Diagnostic Solution

The requirement to publish a Post-Trade Transparency report is a well-defined aspect of MiFIR.

The obligation to ensure the accuracy of the published trade data sits with the investment firm even where they have delegated the reporting to a third party. It is not sufficient to completely rely on a third party to monitor the accuracy of your data and the firm itself is expected to take proactive steps to ensure that it is meeting its obligations under MiFIR.

Qomply's Post-Trade solution instantly checks the accuracy and quality of post-trade reporting giving you Peace of Mind that your reporting obligations are being fulfilled.

CHECKS MIFID REPORTABILITY

Flags non-reportable transactions that appear in file

CHECKS TIMELINESS OF REPORTING

Flags reports sent after the deadline

CHECKS APPLICATION OF WAIVERS & DEFERRALS

Flags usage of waivers and deferrals

CHECKS RESUBMISSIONS AFTER REJECTIONS

Flags trades that were initally rejected and not resubmitted

Our Other Solutions

Quality Assurance for Transaction Reports

MiFID, EMIR, ASIC, SFTR, MAS, CFTC

Only solution trusted by regulatory consultants

Most comprehensive arsenal of accuracy checks in the industry

Mitigates risk, reduces reporting costs & ensures operational efficiency

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Reconciliation for Transaction Reports

Instantly & efficiently reconciles transactions sent from front-office to regulator vs those received by regulator

Two-way and three-way reconciliation

Over-reporting, under-reporting & timeliness identified in easy-to-use dashboard

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Send Reports Directly to the Regulator

Send transaction reports directly to regulator or ARM

Through one platform, users monitor status,resolve exceptions & reduce costly reporting fees

Streamlines reporting process & reduces costs

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ISIN Quest - Instantly Retrieve ISINs for an Instrument

Many financial instruments have ISINs that should be used in transaction reporting instead of using the descriptive fields of an Instrument such as Instrument Classification Code and Instrument Full Name.

Use ISIN Quest to query ANNA DSB and FIRDs databases in order to retrieve the reportable ISIN for any given trade date.

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