Company: Sapient Global Markets
Published: 03 November 2015
With the next wave of regulations and further enhancements on the horizon, firms are expecting their trade reporting costs to rise substantially.
Driven by tight deadlines and the threat of non-compliance, most firms quickly discovered it was too difficult and time consuming to build a single, enterprise-wide solution to comply with regulations. As a result, many are using disparate, often disjointed systems, which fuel duplicative and contradictory processes and documentation, which lack transparency and increase risk.
This white paper will look at the factors affecting the rise in trade reporting costs, the biggest trade reporting challenges, impending rules and the future of trade reporting.