The Depository Trust & Clearing Corporation (DTCC) has launched an EU Markets in Financial Instruments Directive (MiFID) Approved Reporting Mechanism (ARM). The service combines transaction reporting with a dedicated 24/7 back-reporting channel, error correction and data analytics to help firms manage reporting quality and remediation.
The launch follows DTCC’s introduction of its UK MiFID ARM in May 2026. Firms can access both ARM services and DTCC’s Global Trade Repository (GTR) through a single-sign-on portal, extending access to its regulatory reporting services.
Built on a cloud-native platform, the EU service is designed to simplify reporting workflows and improve data quality, according to DTCC. Its back-reporting channel and error correction capabilities form part of an end-to-end transaction reporting offering.
DTCC’s ARM dashboards and reporting tools provide near real-time visibility into submission status, exceptions and data quality. Users can also access trend analysis and anonymised peer comparison data to help prioritise reporting issues and remediation.
“As regulatory expectations continue to evolve, European firms are looking for a trusted partner that can help them navigate changes while improving the overall quality of their reporting,” said Michele Hillery, Managing Director and Head of Repository and Derivatives Services at DTCC.
“DTCC’s EU-MiFID ARM extends our proven global reporting capabilities, enabling firms to meet evolving regulatory requirements across jurisdictions and regimes through one trusted provider. It also highlights DTCC’s commitment to serving clients across the EU,” she says.
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