Tighter regulation of derivatives trading has led to the emergence of Trade Repositories to provide transparency into OTC derivatives trading. Fulfilment of regulatory reporting obligations such as EMIR, MiFID and Dodd Frank is dependent overcoming the following data challenges:
✓ High fidelity of data
✓ High quality matching of trades to counterparties
✓ Matching & augmentation of entities with standard entity identifiers
✓ Matching cleansing 100’s millions of rows of data
Datactics provides continuous data quality metrics on trade & counterparty reference data fields. Powerful in-memory fuzzy matching and de-duplication technology can automatically identify errors and enhance data with augmentation.
✓ Manage ETL operations (e.g. import & normalization) on trade data from a single hub
✓ Out of the box rules for validation of identifiers: CUSIP, SEDOL, ISIN, FIGI, LEI etc
✓ Powerful fuzzy matching of counterparty to LEI
✓ Powerful fuzzy matching of OTC derivatives to underlying ISIN
✓ On demand data quality metrics for visualization in popular BI tools like Qlik.
✓ Easily validate and match hundreds of millions of records
✓ Easy integration existing databases and ETL processes
✓ Solution is owned by your data experts without the need for software development resources
✓ Future Proof – Our GUI lets you easily import trade and counterparty data from new sources & validate new fields