About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Refinitiv Adds Regulatory Reporting Solutions to Verified Entity Data as a Service

Subscribe to our newsletter

Refinitiv continues to build out the Verified Entity Data as a Service (VEDaaS) technology it acquired with Avox back in March 2017 with the addition of modular, enhanced data services supporting the entity data requirements of regulatory reporting.

The company has released modules for FCA transaction reporting, European Markets Infrastructure Regulation (EMIR), Dodd-Frank, AnaCredit, and the Foreign Account Tax Compliance Act (Fatca), and is looking at a solution for Securities Financing Transaction Regulation (SFTR). Others will follow as further regulation emerges.

The modular solutions add validated entity data required by particular regulations to the standard data points already included in VEDaaS. AnaCredit, by way of example, requires information on entity size, which is not in the standard service but is delivered among additional entity data fields required for compliance. Entity data for Markets in Financial Instruments Directive II (MiFID II) reporting, in case you are wondering why it is not on the list of regulations above, is supported by the data points in the standard service.

As well as adding enhanced data services to VEDaaS and continuing to provide the most complete entity data possible, including ultimate beneficial ownership data where entities own 50% or more of an organisation – the company also offers an Enhanced Due Diligence service that is supported by analysts and provides ownership data at 10% or less of an organisation – Refinitiv is working to streamline the underlying VEDaaS technology with the core data platform at the heart of its development strategy.

The former Thomson Reuters, and now Refinitiv, PermID open entity identifier is also on the agenda, along with other elements of entity data such as more generic entity data provided by the Refinitiv DataScope Select data delivery platform, and entity data available through the company’s cloud-based QA Direct quantitative analytics platform.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Mastering Data Lineage for Risk, Compliance, and AI Governance

Financial institutions are under increasing pressure to ensure data transparency, regulatory compliance, and AI governance. Yet many struggle with fragmented data landscapes, poor lineage tracking and compliance gaps. This webinar will explore how enterprise-grade data lineage can help capital markets participants ensure regulatory compliance with obligations such as BCBS 239, CCAR, IFRS 9, SEC requirements...

BLOG

Regulatory Volatility Offers Opportunity to Mine Value from Compliance Data

A new era of regulatory change is presenting institutions with a golden opportunity to prosper from the troves of data they need to comply with reporting obligations. Information required by market overseers has value that goes beyond its obligatory use in disclosures and companies that put it to wider use stand to gain a competitive...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...