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Regulatory reporting firm Qomply launches transaction solution

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Qomply has launched QomplyDirect – an integrated solution for firms wanting to take control of their transaction reporting and their costs. QomplyDirect enables firms to send their reports directly to the FCA eliminating the need for an ARM.

Qomply has launched QomplyDirect – an integrated solution for firms wanting to take control of their transaction reporting and their costs. QomplyDirect enables firms to send their reports directly to the FCA eliminating the need for an ARM.

Developed with input from five leading financial firms, QomplyDirect offers various options from a staged migration to a full end-to-end service. Firms wishing to undergo a staged migration can continue using the ARM to submit their data in conjunction with QomplyDirect as it connects directly to most leading ARMs. To simplify the process, users are able to monitor report status through one portal – QomplyDirect. 

For firms wishing to implement a completely “hands-off” solution, QomplyDirect can be used in conjunction with QompyEngine that will take raw trade files directly from a drop point, create the transaction report on behalf of the firm and then enrich, filter, validate and send.  Large data volumes can be managed effectively via the Qomply API.

 

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