MiFIR, EMIR and SFTR, are at their essence a data management problem. These regulations require firms to bring together a multitude of data sources where similar items are called different names and are in different formats. For EMIR and SFTR, it also requires firms to reconcile data submitted to trade repositories by the trading counterparty. Reitigh provide experts who understand the different terminology between the sources and who know how best to bring all the data together. Our regulatory reporting platform IntegraLynx will allow your business users to automate the collection of data into a unified data model – from there reporting flows seemlessly to your relevant National Competent Authority (NCA) or Trade Repository.
MiFIR, EMIR and SFTR AUTOMATED REPORTING & RECONCILIATION
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Entity Data Management
Trade reporting under MiFIR, EMIR and SFTR require inputs from a variety of trading systems, and for the details of the associated collateral provided. IntegraLynx will read data in it’s native format, without requiring manipulation or transformation by you. This speeds up implementation considerably. SFTR also requires generation of Unique Trade Identifiers (UTIs) which IntegraLynx will generate and transmit to counterparties.
For reconciliation under EMIR and SFTR, IntegraLynx will read files from Trade Repositories for post submission reconciliation and oversight, or it will read inputs directly from counterparties, for pre-submission reconciliation.
IntegraLynx has a built-in workflow wizard to manage the due diligence and data collection processing.
A simple drag-and-drop interface allows business users to import raw data from any file format (including .pdf). Likewise, users can easily store documents against entities within the database for audit.
IntegraLynx submits the .xml disclosures to regulator portals electronically via API.
The IntegraLynx drill-down reporting suite allows users to review the datasets created (incl. reconciliation to previous datasets).
Create .xlsx version of submissions for easy review and sign-off.
Create .xml files which have be internally validated against related .xsd schema (incl. exception reporting for all rule breaches).
Entity Data Management
The MiFIR, EMIR and SFTR disclosures require a significant amount of referential information.
IntegraLynx allow business users to easily store static/reference data relating to entities, and to define links between related entities.
A single data point may be relevant to multiple disclosures. IntegraLynx allows users to store data once, but disclose it multiple times. This reduces data inconsistencies and related reconciliations and investigations.
All static data is audited. Data change is permissioned and subject to a four-eyes check.
Users can attach files (such as emails) to changes for an easy audit trail of change instructions.
All system processing is recorded in an extensive event log.
IntegraLynx is a web-based application. This facilitates deployment on-site, or clients can avail of our cloud hosted solution.