Interesting article on the implementation of trade reporting systems

See here on LinkedIn for an interesting post by Harry Nota of OpenLink on why it is wise to invest in a more strategic solution to meeting various trade reporting needs, sooner rather than later.

The argument is made that each time one builds a tactical solution, the chances of throwing away the work and having to restart increases. Thus it is argued that one should avoid the temptation to “go tactical” for REMIT, and instead implement a strategy as soon as possible for a more sustainable system, hopefully placing companies well to also implemnt other rules such as MiFID II

Leave a Reply