Quality Control: Trade Reporting and the Global Standardization of Derivatives Data
Report Summary
Quality Control: Trade Reporting and the Global Standardization of Derivatives Data
Data problems are the biggest ongoing trade-reporting challenge for most respondent firms.
London, 15 November 2016 – It has been nearly four years since derivatives trade-reporting requirements were first introduced in the United States, and it has been over two years since Europe followed suit. Regulators’ ongoing revisions to trade-reporting practices have kept firms and trade repositories busy, and the global picture has become much more complex from a reporting-obligation standpoint. What lessons have been learned, and where should the industry and regulators focus their attentions next?
Based on Aite Group telephone interviews conducted with 20 leading market participants during Q1 and Q2 2016, this report explores these ongoing regulatory developments and the challenges faced by firms active in the global derivatives markets and reporting derivatives financial transaction data to centralized databases.
This 41-page Impact Report contains 32 figures. Clients of Aite Group’s Institutional Securities & Investments service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions BM&F Bovespa, BSDR, CCIL, CETIP, CME, CJSC NSD, DTCC, HKMA, ICE, KDPW, Korea Exchange, LSE, OJSC, Regis-TR, and SAMA TR.