Recent data from the FCA indicates that 50pct of firms may not be fully compliant with all aspects of MiFID.
MiFID II regulations requires firms to have arrangements in place to ensure transaction reports are complete and accurate.
Regulations state that firms must ensure the accuracy of their transaction reports.
Relax in the confidence that Qomply brings to your reporting.
Perform a One-Off Diagnostic Healthcheck on your reporting through Qomply's cloud-based ReportAssure Suite. Qomply performs accuracy, timeliness, and completeness checks providing assurance that transaction reporting systems are working correctly.
Qomply delivers instant peace of mind to firms concerned about the accuracy of their transaction reporting.
Qomply's game-changing technology-driven "Healthcheck" solution instantly highlights problematic areas in the accuracy of a firm's transaction reporting. Firms are in control of conducting a diagnostic using Qomply's technology.
Qomply's solution is trusted by Regulatory Consultancies, providing you with the forensic detail required to give you Peace of Mind that your reporting is correct.
Using Qomply's Diagnostic Healthcheck to identify, investigate and resolve issues is straight-forward. The process is simple and efficient - made easier by using the NCA's MDP file to retrospectively check trades sent to the regulator. With over a thousand accuracy checks on the 65 transaction fields, Qomply offers one of the most comprehensive healthchecks in the market.
The findings and recommendations, of each diagnostic report, are clearly displayed alongside a description of the issue, recommended resolution, and additional information. Flagged transactions can be easily investigated within the platform - using the UI or downloading to a csv file.
If you are looking to conduct your own periodic quality assurance, accuracy, completeness, and timeliness checks, then the ReportAssure Suite puts Thousands of Checks in a Click.
For a complete HealthCheck "Review" that also includes a review of trading modelling, operational policies and procedures and transaction reporting, Qomply is partnered with recognised Regulatory Consultants such as BDO and Kroll. Clients may choose from a variety of managed service packages that will lead them through a complete transaction reporting review that also includes access to the Qomply technology.
Instant
Immediate and accurate results regarding the quality of your MiFID reporting. Peace of Mind in knowing your reporting is accurate.
Cost effective
No need to onboard technical specialists or expert regulatory staff
Remediation
Detailed recommendations on how to resolves errors. Enables you to start submitting accurate reports and inform regulators quickly.
Comprehensive
Every field and product type are examined with granular, forensic detail through a sophisticated matrix of rules and data accuracy checks.
Best in class, secure technology
Our proprietary engine is kitted out with best-in-class technology - from AI pattern recognition to accelerate the detection of common errors to heightened levels of security.
Chosen by Regulatory Consultancies
Ensures our awareness of regulatory changes on the horizon and removing this uncertainty for our clients.
Easy to use
Plug-and-play and easy to use interfaces means you’re up and running in minutes
Scale Up
Option to subscribe to an annual subscription for more regular quality assurance checks
