MiFID II Transaction Reporting - What Our Clients Say
“I have been very impressed with the work undertaken by Duff & Phelps in helping us with a Transaction Reporting review. The knowledge of the individuals we have worked with has been of a very high standard and they have quickly understood the complexities of our business and provided sound and pragmatic advice throughout the review.”
Head of Compliance, Institutional Asset Manager
"Duff & Phelps helped our organization verify, plan, and implement a transaction reporting remediation over the course of a year and a half. Their knowledge and expertise have proven crucial at each step of the project, from project planning to implementation, and onward to governance questions regarding transaction reporting. Duff & Phelps' consultants have plugged seamlessly into a rapidly changing business environment, and not only understood that environment, but made and helped implement needed regulatory changes to ensure business compliance."
Business Manager, Brokerage and Investment Banking Firm
“I would like to thank you and your team for the hard work your partnership has done to enable the executive to sign an attestation in relation to our Transaction Reporting systems. We recognize the work was comprehensively designed and executed to a high standard within a very aggressive time scale. We are particularly grateful to the team for the extended length of time they spent each day on the task and the patience and professionalism they expressed to all our staff throughout the process. We will now review, consider and implement the recommendations you have made as appropriate, but wanted to take this opportunity to express our thanks for the support and assistance you have provided to us.”
European Head of Regulatory Group Global Investment Bank
“The Duff & Phelps Transaction Reporting team was very thorough in their approach to their work, ensuring all tasks were completed fully and on time. They have detailed knowledge of transaction reporting and are often thinking beyond the immediate issues to ensure any solutions are robust and durable and not just a “stop-gap”. They always demonstrated a good understanding of the Transaction Reporting world and the developments taking place in the Transaction Reporting arena, both in the UK and wider, and through these attributes, proved themselves to be a valuable asset to us and instrumental in the transaction reporting review work.”
Senior Compliance Officer, European Investment Bank
“We were impressed by the approach Duff & Phelps adopted when reviewing our transaction reporting data, processes, systems and controls. They interviewed the key people in the front office, compliance, operations and IT so that they understood our business flows and infrastructure. Their detailed report and skilled technical and audit staff proved to be invaluable as they highlighted clearly what needed to happen in order of priority and effort."
Global Head of Compliance, UK Trading firm
“We are now confident with our transaction reporting as Duff & Phelps helped us develop robust governance arrangements, documentation, reporting logic and approach to testing. We found Duff & Phelps to be professional, friendly and good at listening to our issues and getting to the root causes and solutions efficiently. I would recommend them to any firm that is unsure about their Transaction Reporting.”
COO, large broking house
“We were concerned as to whether the FCA would take action as we had not reported any transactions since MiFID. Involving the specialist Transaction Reporting team at Duff & Phelps proved invaluable as they quickly advised how we should communicate this news to the FCA. Their efficient creation of a tailored training programme, system set-up, procedures and a file for back-reporting was impressive and we are now reporting confidently.”
Owner, Stockbroking firm