ΜΑΡ-Validation Service can validate that the data directly sent to routing mechanisms without utilizing our ΜΑΡ-SystemLink service is consistent. These routing mechanisms may be any Approved Reporting Mechanism (ARM) and/or Trade Repository (TR) etc.
Regulatory reporting requires a large range of data fields significantly increasing the potential for discrepancies in submissions. The ΜΑΡ-Validation Service will identify any discrepancies across the reporting cycle and enables users to utilise the comprehensive Polaris Reporting Hub Platform workflow to investigate and resolve discrepancies.
In many instances the accuracy of the reported data remains your responsibility even if you aren’t the reporting party.
The data held in routing mechanisms is the respective regulator’s view of your business. Ensuring this information has been reported correctly is therefore crucial.