Direct Reporting

Direct Reporting is the process by which firms submit their transaction data directly to regulatory bodies or designated entities like Approved Reporting Mechanisms (ARMs) or Trade Repositories (TRs). It bypasses intermediaries, giving reporting firms full control over their compliance submissions.

This method is increasingly adopted due to its efficiency, transparency and adaptability to evolving regulations. It ensures that firms meet requirements under frameworks like EMIR, MiFIR, and SFTR while maintaining a clear audit trail.

Direct Reporting provides a future-proof solution for firms looking to reduce reliance on third parties, cut operational costs and gain greater visibility over their reporting journey. It supports timely submissions and reduces the risk of data mismatches or reporting failures. With full access to reporting workflows and validation results, firms can take proactive steps to resolve issues before they escalate.

Direct reporting can provide a number of benefits when compared with reporting via an ARM (Approved Reporting Mechanism) or TR (Trade Repository).

Those firms that choose to direct report can expect the following benefits:

• Greater Control – Maintain full ownership of your reporting data and processes.

• Real-Time Visibility – Monitor submission status, validations and error feedback instantly.

• Reduced Costs – Eliminate third-party fees and lower operational overhead.

• Improved Data Accuracy – Minimise errors with automated validation and formatting.

• Faster Submissions – Streamlined workflows support timely and efficient reporting.

• Seamless Integration – Connect directly with regulatory endpoints.

• Scalable Infrastructure – Handle high-volume reporting with performance and reliability.

• Regulatory Agility – Quickly adapt to rule changes and new reporting obligations.

• Audit Readiness – Maintain a transparent and traceable reporting history.

• Operational Efficiency – Free up internal teams to focus on higher-value tasks.