The current regulatory framework does not fully consider the burden placed on firms who may not necessarily have the internal technical & operational resources or regulatory expertise to create accurate transaction reports, ensure the completeness and accuracy, conduct reconciliations, monitor submissions, and manage exceptions.

In response to these challenges, Qomply offers a Managed Service solution. Firms delegate the report construction, operational tasks, and exception handling to Qomply's team of experts.

Qomply Managed Service alleviates the burden of technical expertise but also provides peace of mind that regulatory requirements are being met in a risk-free and cost-effective manner.

Firms have the potential to reduce their transaction reporting costs by over 50 percent. This considers savings across divisions such as technology, internal resource, and operations staff as well as any additional external consultancy services.

Recognised Leader in Transaction Reporting Regimes

Qomply exclusively focusses on transaction reporting, providing quality assurance, reconciliation, report generation, and submission solutions to over 65 investment firms across the UK and EU.

Expert Oversight of Transaction Reporting Pipeline

Qomply Transaction Reporting Team is headed by Sophia Fulugunya who spent six years at the FCA, the majority of her tenure was within the Markets Reporting Team. Sophia also worked for a leading consultancy firm providing regulatory advice and guidance on transaction reporting. Sophia and her team provide daily oversight of the entire reporting chain.

Firms Rely on Qomply for Operational Consistency

All operational processes, starting from the point of consuming daily transaction reports, are conducted by Qomply. This includes report construction, validation, exception management, submission, support and reconciliation. It also includes assistance in preparing Errors & Omissions reports and interacting with the FCA.