Independent Oversight for MiFIR and EMIR Reporting Accuracy

MiFIR (Markets in Financial Instruments Regulation) and EMIR (European Market Infrastructure Regulation) require firms to report detailed trade and transaction data. These reports help regulators monitor market abuse and systemic risk.

ARRMA (ACA Regulatory Reporting Monitoring and Assurance) is an independent solution that helps firms identify and resolve errors in MiFIR and EMIR transaction reporting. It combines regulatory technology with expert consulting to deliver oversight, assurance, and actionable insights.

Internal and third-party validation checks often miss systemic issues. ARRMA provides independent assurance, helping firms uncover hidden errors, reduce regulatory risk, and improve the accuracy, completeness, and timeliness of their reports.

ARRMA supports a wide range of financial institutions, including asset managers, hedge funds, banks, broker-dealers, and investment firms. It’s especially valuable for firms with complex reporting obligations or those expanding into new asset classes.

ARRMA is available on a monthly, quarterly, or semi-annual basis, allowing firms to choose a cadence that aligns with their reporting cycles and risk appetite.

Unlike standard platforms, ARRMA offers:

• • Independent validation and exception management.
  • Deep consulting expertise.
  • Integration with ComplianceAlpha^® for market abuse surveillance.
  • Strategic insights to improve systems and controls.

ARRMA identifies a wide range of issues, including:

• • Data mismatches.
  • Incomplete fields.
  • Incorrect trade classifications.
  • Timing discrepancies. On average, firms experience 30 unique error types per submission, with 97% of reports containing inaccuracies.

You can book a complimentary one-time analysis directly by filling out this form. This review provides a snapshot of your reporting framework’s health, including error rates, types, and key areas for improvement.

Regulatory reporting refers to the submission of financial data to regulators such as the FCA, ESMA, or other governing bodies. It ensures transparency, market integrity, and systemic risk monitoring. Common reporting regimes include MiFIR, EMIR, SFTR, and AIFMD.

Firms often struggle with:

• • Data quality and completeness.
  • Trade lifecycle complexity.
  • Evolving regulatory requirements.
  • Inadequate validation processes
  • Governance and oversight deficiencies.

ARRMA helps address these challenges through independent oversight and expert consulting.

ACA combines deep regulatory expertise with cutting-edge technology. Our ARRMA solution offers independent assurance, actionable insights, and seamless integration with ComplianceAlpha^®, making us a trusted partner for firms seeking robust compliance frameworks.

If you’re ready to see how ARRMA can strengthen your reporting framework, fill out this short form to book a free transaction reporting review. This complimentary analysis will help you understand your current error rates, uncover hidden issues, and identify key areas for improvement.