Regulators see the full picture, now you can too
When it comes to reporting, what you don’t know can hurt you. When you only see snapshots of your trades from your side, errors are hard to spot. And if a regulator finds them first, making amends can be time-consuming and costly.
Introducing SensAI: A completely new approach to reporting accuracy. SensAI uses our vast transaction dataset to analyze every trade within a day of it being reported. Our sophisticated technology enables rapid benchmarking against market participants and counterparties.
Consider SensAI your AI assistant, measuring the quality of your reporting. Then quickly presenting results in an intuitive visual display. So, you can take action immediately. And by eliminating false positives, only when you really have to.
Stay on high alert. But low on stress.
Let the latest technology attend to the details.
How does SensAI’s surveillance work? It uses both sides of matched trades to derive benchmarks and detects any differences and outliers. Then runs predictive analytics with an understanding of the latest regulatory rules to determine which counterparty is most likely to be correct. Eliminating the guesswork for you.
Our vast cloud-based data set lets SensAI efficiently glean actionable insights. Using machine learning SensAI keeps getting smarter, all while creating an industry best-practice set of validation rules.
Permanent solutions to reporting problems
Regulations aren’t static. Staying on top of the changes is taxing. In the near future, as SensAI evolves, errors will be linked directly to the regulatory text, so you’ll see why a mistake was made and how to report it correctly. We call this “traceablity”. You can call it certainty. You’ll know you’re always reporting within the current paradigm.
With all the right data in the right place in a way that’s easy to access, you can be confident you’ve got reporting under control.
- Provides you the same view as a regulator
- Reduced error rates over time
- Greater accuracy in error tracking
- Faster error capture resolution times
- Clear benchmarking & performance analysis to peer groups and industry peers
- Clear, simple reports & analytics for senior management and boards as well as regulators
- Streamlined departmental workflow
Whether you already report to us or are a new customer, SensAI works for you. Easily satisfy regimes such as MiFID II and the SMCR. Senior managers see a detailed overview of your firm’s transaction reporting, including benchmark reports, giving you total transparency into the quality of your reporting framework.
Effectively and efficiently report transaction details.
Simplify your trade publication to meet your APA requirements.
Enforcing settlement discipline
The business case for overhauling the back office
Financial regulations have largely been successful but have focused mostly on the front office, leaving back-office processes well overdue for extensive overhauls.
Countdown to CSDR
The countdown to #CSDR is well and truly on, but with ESMA calling on the European Commission to delay the mandatory buy-in regime, a lot of uncertainty remains. Camille McKelvey outlines how firms can prepare in the face of moving timelines.
Post-Trade Repo quarterly data update
Repo matched trades were up 22% YoY to more than 160k matched trades in Q3 of 2022, with an average of 2.5k matched Repos per day. Download our latest stats and be part of the community.