EMIR Refit has introduced additional fields requiring reconciliation, increasing the complexity of compliance. Qomply’s DualRec Tool simplifies the process of reconciling your EMIR Refit records with those of your counterparties—providing the clarity and control you need to manage your reporting obligations confidently and efficiently.
Record Reconciliation
Qomply’s DualRec Tool offers a single platform to efficiently reconcile trade reports between your firm and counterparties. With precision data comparison, the tool automatically highlights any discrepancies and pinpoints where they lie. This eliminates the need for manual checks or lengthy reconciliations, delivering speed and accuracy to your operations.
Comprehensive Counterparty Views
Take control of your Counterparty relationships with ease. DualRec enables you to create custom views by counterparty, enhancing transparency and visibility when addressing discrepancies. Track which counterparties align with your records and identify those requiring further attention as a result, resulting in improved relationship management and overall operational efficiency.
Ensure EMIR Refit Compliance
Under EMIR Refit, reconciling trade reports is a mandatory requirement. Qomply's DualRec Tool ensures your firm stays fully compliant by facilitating regular, thorough checks of trade reports. You can be confident that your records align with counterparties, minimising the risk of non-compliance, regulatory breaches, or fines.
Boost Efficiency and Accuracy
Automate the reconciliation process with Qomply’s DualRec Tool to dramatically reduce human error. The tool handles large volumes of data with ease, allowing discrepancies to be addressed promptly, resulting in faster resolutions and more precise data management.
Stay Ahead of Compliance Demands
Qomply’s DualRec Tool empowers firms to manage the complexities of EMIR Refit effortlessly, improving accuracy, operational efficiency, and compliance.
Reconcile with precision and manage with confidence!
Automate reconciliation tasks and free up your team to focus on higher-value activities.
Instantly identify and resolve discrepancies in your EMIR Refit records.
Gain full visibility into your counterparty relationships with custom views.
Stay compliant with EMIR Refit requirements and mitigate regulatory risks.
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
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
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
Instantly determine the reportability of instruments across UK and EU.
Free service searches multiple instruments, regions, and trade dates at once.
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