Forefront Communications

The TRADE News: TORA Opts for LSE’s Reporting Ahead of MiFID II

Mackey

Mark Dowd

Mark Dowd

OEMS provider TORA has joined the London Stock Exchange’s (LSE) UnaVista in a bid to ensure its clients meet reporting requirements under MiFID II.

As a UnaVista partner, TORA’s clients will be able to integrate the reporting service to simplify the investment process and guarantee MiFID II compliance.

UnaVista is an approved reporting mechanism (ARM), meaning firms can submit transaction reports directly and avoid reporting errors or over/under reporting.

Chris Jenkins, managing director of TORA, explained the regulatory changes in Europe mean “asset managers of all sizes will need to review their existing technology solutions with additional scrutiny”.

Read the full article here.

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