Pre- and post-trade transparency and transaction reporting only work if systems flows match the rulebook — especially across UK and EU branches after Brexit.
A US banking group’s UK and EU branches needed confidence that equity-derivatives and multi-asset regulatory data would meet ongoing MiFID II obligations as Brexit reshaped booking and reporting paths. Back-to-back trading flows, pre/post-trade transparency and transaction reporting all had to be assessed against current requirements.
Our consultants analysed back-to-back trading flows for equity derivatives and the changes required for ongoing regulatory compliance; assessed MiFID II pre- and post-trade transparency and transaction-reporting data across asset classes for USA bank branches in the UK and EU; confirmed gaps in equity-derivatives systems flows against regulatory requirements; and reviewed front-office controls and policies covering trading execution, commodity derivatives, research and post-trade requirements.
The client had a documented gap set and a practical remediation agenda for regulatory data and front-office control policies — not a theoretical inventory.