As the premium provider of global futures and options reference data, Euromoney TRADEDATA has, for many years, provided regulatory data products and transaction reporting solutions to many clients covering MiFID I, EMIR, Dodd-Frank and 871(m) regulations. For MiFID II go live in Jan 2018, we upgraded our global Classification of Financial Instruments (CFI) database to the latest ISO 10962:2015 standard. Our trusted CFI data, used by the world’s top 10 banks and many market participants, covers all tradable futures and options worldwide, as deployed in our community data model since 2014.
Our other essential MiFID II regulatory data attributes include traded series ISINs and new Base Product, Sub Product and Further Sub Product classifications. We also maintain Aii to ISIN translation symbology for existing EEA markets under MiFID I, to facilitate the transition of Aii markets to ISIN and for retrospective analysis of trading activity.
Regulators have signalled their intentions and stated “that there needs to be a line in the sand” and that they will “continue to take appropriate action against any firm that fails to meet requirements” and for large sell-side institutions whose transaction reporting has been found to be wanting, that can mean fines in the multi-millions.
Whether reporting firms’ non-compliance is due to systems not fit for purpose, not adequately resourced or performing properly, or whether that is identified by internal audit, regulatory consultant audit or by an on the ground audit by the regulator itself, if you are without the data needed to comply then Forensyx should be your first stop.
Click here to find out more.
We make it easy for our customers to seamlessly integrate different sources of market data using our symbology alliance partnerships with third parties – which our competitors cannot achieve - through our industry leading Xymbology instrument mapping service, which has become the essential driver of systems interoperability demanded by modern trading operations.
Unlike our competitors who focus on large scale market and reference data feeds covering all asset classes, we offer customised, compliant reference data solutions that respond to a changing market landscape and a firm’s continued need for new and refined data sets, where they “only pay for what they need, when they need it and how they need it”, cutting their overhead costs of setting up and maintaining this data.
Contact our sales team to find out more.
© 2018 Euromoney Institutional Investor PLC. All rights reserved.