Get ready now for Consolidated Audit Trail compliance with Inforalgo’s cloud-based
Reg Flex platform
Regulatory reporting has become a significant undertaking in Capital Markets and new Consolidated Audit Trail requirements, due to apply from November 2019 as mandated by Rule 613 of the US Securities Exchange Commission (SEC), are among the most demanding yet.
Consolidated Audit Trail (CAT) will allow regulators to more efficiently monitor eligible equity and option securities trading activity throughout US markets – via a single, comprehensive database. It requires that orders and broker-dealer activity are tracked right across the trade lifecycle.
The opportunity to perform big-data analytics on this comprehensive and harmonised data, enables firms to turn regulatory obligations into strategic business value.
How we can help
Inforalgo’s cloud-based Reg Flex platform will make light work of this extensive data management requirement, having been designed to manage and automate the delivery of ALL reporting requirements – irrespective of the platforms, data sources and formats involved.
Consolidate and streamline current & legacy regulatory requirements such as Order Audit Trail System (OATS), Electronic Blue Sheets (EBS) and Large Trade Reporting (LTID), in advance of CAT
Avoid reinventing the wheel and meet the compliance timeline. Inforalgo’s Reg Flex platform provides a single point of management across multiple regimes where the cost and effort of maintaining disparate solutions across fragmented markets is ultimately increasing
Powerful ready-to-go capabilities that can be customised quickly and effortlessly to reflect your own trading environment and data stores
Proactive validation of data prior to submission minimises error submissions and maximises operational efficiency
Automatic checks of data accuracy and completeness as transactions happen. Real-time data capture & management ensures report delivery within tight timescale. Real-time reconciliation reduces end-of-day exception management
Big-data analytics capabilities can be used to gain insights from the new data set that provide a strategic advantage