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"A practical guide to MiFID II data reconciliation"

MiFID II data reconciliation: A practical guide

MiFID II data reconciliation: A practical guide

White Paper: Duco

Data risk is an increasing challenge in the financial industry, for the innumerable processes that need to be taken care, before reporting the data to the regulators. It is extremely important to stay complaint and maintain data quality for Markets in Financial Instruments Directive II (MIFID II) during data reconciliation.

Duco Cube with its powerful and flexible reconciliation platform enables users to navigate directly to any underlying issues if and when they occur. The company is a completely secured hosted service that can easily support data reconciliation till the end and also ensure the accuracy and consistency of the same throughout.

Find out more about the Duco Cube and update your financial data through the Whitepaper and address your concerns

How Duco Cube helps firms through the lengthy ETL processes without transforming the projects?

What are the key factors to be considered for MiFID II data reconciliation?

How can ARMs reporting be handled with Duco Cube?

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What is

What is Data Reconciliation ?

Data Reconciliation is a process of verifying data during data migration, where the target data undergoes a comparison with the original source data to make sure that the migration architecture has transferred the data accurately. There are high chances of mistakes to be present in the mapping and transformation logic. Along with this, failures like broken transformation and runtime failures can lead to data loss or invalid data.

What is MiFID II ?

Markets in Financial Instruments Directive II (MiFID II) are the nucleus of European securities market legislation. The aim of MiFID II is to make financial markets more stable, efficient, and transparent facilitating protection of investors. The European Commission implemented MiFID II, in early January 2018, with a set of improvised rules for the structure of markets and the trading of financial tools.Embarking on its central theme of transparency

What is MiFIR ?

Markets in Financial Instruments Regulation or MiFIR, is a European law which demands its member states to comply with its regulations. As a result of the last financial crisis, the need for a European Union wide regulation called for the emergence of MiFIR. This regulation was formed with the intent to not only protect the markets, but also the investors.

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