The constant challenge for trade and transaction reporting teams is to understand and comply with the complex global requirements around which authorities have jurisdiction, who needs to report, and how to construct an accurate, timely report.
Without a clear view, teams face time consuming remediation of incorrect report submissions or managing over or under reporting. Trade and Transaction Reporting from Droit enables teams to produce the right reports, with the right fields completed, at the right time.
Produces accurate and easy-to-understand reporting eligibility decisions using precisely defined data inputs.
Consistently delivers high quality decisions backed by the right explanations, using horizon scanning and client feedback from the world’s top financial institutions.
Validates in-scope reports against regulatory and trade repository specifications, highlighting the nature of any errors and illuminating the path to remediation.
Offers enterprise-grade reliability, with full audit records for each transaction and the ability to re-run past decisions for retrospective review.
Reduces the volume of exceptions observed through the prevention of over or under reporting, thereby decreasing the marginal cost of remediation.
Built on Droit’s patented Adept platform, automates the decision-making process for report eligibility and provides full decision transparency and traceability to the regulatory source text.