MiFIR Audit & Reconciliation
MiFIR reporting does not end at submission. Firms must reconcile reported transactions against ARM feedback, identify unreported or inaccurately reported trades, and correct discrepancies — all under tight regulatory timelines.
Request a DemoCompliance teams responsible for MiFIR transaction reporting at regulated investment firms .
Investment firms reporting under MiFIR must verify that every reportable transaction was submitted accurately to Approved Reporting Mechanisms (ARMs) and reconcile ARM feedback against actual trading data. Finkit automates this audit process end-to-end: accept manual or API uploads from third-party reporting providers, highlight inaccuracies in reported data, and manage SFTP uploads to ARMs with receipt and processing of feedback files.
Key Capabilities
- Manual & API Upload Support
Accept transaction data via manual uploads or API connections from third-party reporting providers. Flexibility to work with any reporting workflow your firm uses. - Transaction Audit & Accuracy Checks
Audit reported transactions against actual trading data. Automatically highlight inaccuracies, missing fields, and discrepancies that could trigger regulatory scrutiny. - SFTP Uploads to ARMs
Upload transaction reports to Approved Reporting Mechanisms via SFTP. Manage submission batches with tracking and confirmation. - ARM Feedback Processing
Receive and process feedback files from ARMs. Automatically match feedback against submitted reports to identify rejected or queried transactions. - Proactive Error Detection
End-of-day alerts for unmatched or unreported trades. Proactively identifies transactions on your platforms that were not submitted or were reported with errors. - Reconciliation Reporting
Generate reconciliation reports showing submitted vs actual transactions, feedback status, and outstanding items for compliance review and regulatory audit preparation.
See MiFIR Audit & Reconciliation in Action
See how Finkit MiFIR Reconciliation for regulated firms.
Request a Demo