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.
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.