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

UnaVista to Offer Transaction Reporting Service

Subscribe to our newsletter

The London Stock Exchange announced today that the Financial Services Authority (FSA) has given UnaVista Approved Reporting Mechanism (ARM) status for transaction reporting. In addition to providing the basic validation services required under MiFID, UnaVista will offer firms validation tools to monitor the quality of their transaction reports, significantly reducing the risk of providing incorrect data to the FSA.

UnaVista’s Transaction Reporting solution can: accept data in a range of different formats, so clients do not need to rely on middleware to transform their data into the FSA standard formats; apply validations in addition to those mandated by the FSA; facilitate management of exceptions highlighted by validation; and monitor trends to discover recurrent issues.

Kevin Milne, director of Post Trade Services at London Stock Exchange Group, said: “This new service will offer UnaVista’s clients a functionally rich and flexible approach to transaction reporting. With UnaVista exceeding the level of validation mandated by regulators, firms using our transaction reporting service will be able to reduce the risks and costs associated with incorrect, late or duplicate reporting.”

The exchange has offered a transaction reporting service known as the Exchange Reporting Service (ERS) since 2002. ERS was approved by FSA as an ARM when this requirement was introduced as part of MiFID. After consultation with major financial institutions the ERS service has been migrated on to the UnaVista platform, providing member firms with a more flexible service with improved validation functionality and a wider choice of interface approaches.

UnaVista is the London Stock Exchange’s secure web based platform for all validation, matching and reconciliation needs. UnaVista offers a number of solutions including Transaction Reporting, Post Trade Confirmations, Reconciliation, and Reference Data Management.

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

Are Financial Infrastructures Ready for Round-the-Clock Trading?

Sergei Samushin, Head of Exchange Solutions, Devexperts. Financial markets are increasingly moving to incorporate longer trading hours. Whether it be pre-and post-market availability extending the traditional trading day, or 24/5 overnight trading in stocks, futures, and ETFs, the trend is clear. The progressive shortening of settlement cycles across jurisdictions is further evidence of this. There’s...

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

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...