Qomply Wins at FOW International Awards 2025
Trade Reconciliation Solution of the Year
20 February 2025
We sat down with our Co-founder Michelle Zak who shares her thoughts on Qomply's recent award for Trade Reconciliation Solution of the Year Award at the recent FOW International Awards 2025.
WHAT DOES THE AWARD MEAN TO YOU?
We started Qomply in 2019 and we've built a great team who, in turn, have built a great solution. We spent a significant amount of time understanding the industry and analysing the problem before building our Reconciliation Solution. There wasn't any magic formula or big-bang software development - there was, instead, a lot of hard graft and countless hours. To be recognised with such a prestigious award is testament to this hard work.
“Trade Reconciliation is not glamorous or sexy in today's world of software solutions but our solution is a game-changer for our clients.”
WHAT MAKES QOMPLY STAND OUT IN THE INDUSTRY?
Our Trade Reconciler enables investment firms to comply with their MiFID II and EMIR Refit obligations effortlessly - it eliminates the need for manual checks or lengthy reconciliations, delivering speed and accuracy to our clients’ operations.
To put this into context, 45 seconds is the average time it takes for our Trade Reconciler to return results – this is not only fast, it is blazing fast. The alternative manual processes could take days if not weeks to perform and, of course, include the risk of human error.
The Trade Reconciler is just one example of how our solutions are built to deliver tangible benefits to our clients’ day-to-day operations from the get go. Every solution is designed to free up teams from time-consuming and frankly tedious manual processes, reduce the risk of human error and allow them to focus on core business activities.
As a client recently put it:
“Qomply has reduced the complexity of what was a tedious and painful process. The scope and breadth of their platform helped us address our regulatory obligations around transaction reporting reconciliation. Qomply is an excellent solution for our MiFID reporting requirements and significantly reduces the very real risk of an error in what had been a manual exercise."
- Simon Hebb, Compliance Director, Gore Browne Investment Management
HOW HAS QOMPLY'S CULTURE CONTRIBUTED TO ITS SUCCESS?
Our journey has shown us that our team is without a doubt, one of our greatest assets. Recognising new perspectives, varying viewpoints, and individuality means an exceptional product. Working collaboratively, we built one of the most-successful, cloud-based solutions on the market with some of the world's leading asset management firms, hedge funds, investment banks and trading venues using our platform.
WHAT EXCITING DEVELOPMENTS CAN WE EXPECT FROM QOMPLY?
On the heels of our success in the UK and the rest of Europe, we’re now expanding our reach into North America with our US entity, Qomply US, based in NYC. We have already team members who have joined our NY office so watch this space…
About Qomply
Ensuring your regulatory reporting is accurate, efficient, and cost-effective sits at the core of what we do.
Across the UK and Europe, over 65 investment firms, trading venues and wholesale brokers benefit from Qomply's award-winning technology for MiFID, EMIR, SFTR, CFTC, MAS and ASIC.
This translates to over 1 billion reports processed and experience in validating a broad range of products, instruments and reporting scenarios.
Qomply is the only solution chosen by regulatory consultancies. This is testimony to the forensic-level detail embedded in our solutions. Our clients benefit from the depth-and-scope of our combined regulatory knowledge and financial industry acumen.
For more information, please contact Qomply, on +44 (0) 20 8242 4789 or info@qomply.co.uk
Follow Qomply on social media on Twitter (https://twitter.com/QomplyRegTools) and LinkedIn (https://www.linkedin.com/company/qomply/)
