Company: Sapient Global Markets
Published: 28 October 2015
Recently it is becoming more likely that regulators will begin to scrutinize data and organizations will need ways to create assurance and paths to remediation for trades that are self-reported or reported on their behalf.
With many of the systems currently implemented there is no clear path to efficient tracking, reconciliation and remediation of trade data. The time is right for firms to re-evaluate the ongoing business-as usual outlay for trade reporting and determine whether or not the cost for compliance will be sustainable into the future.
This white paper explores the current state of trade reporting and shows how growing costs, complexity and regulatory scrutiny are fuelling a compelling business case for third-party managed solutions.