ABOUT
MiFID II, RTS 23 requires reporting of instrument reference data for trading venues and systematic Internalisers
OUR SOLUTION
Oktris has developed a complete reporting solution where the only source data the investment firm needs to provide is typically the ISIN of those instruments traded on any given day
The capability to send reference data to the regulators is a requirement under MiFID II. Two of the six firms in the reporting space offer a partial solution requiring significant provision of data by financial firms.
DARRENCEO, Oktris Limited.The Oktris solution requires the provision of one single data field in the case of an existing instrument, and no on-boarding for other products is required!
DARRENCEO, Oktris Limited.Components
The FCA MDP on-boarding process, from application through to successful production use, can either be undertaken by the investment firm or supported by Oktris as necessary.
1
DATA
Daily trade data
2
DATABASE
Enrichment using the Oktris Database
3
PROCESS
Generates Instrument Reference Data report
4
SUBMISSION
Submit to regulator and process the replies