BME Regulatory Services launches Assisted Transaction Reporting (ATR), a new service designed to simplify and streamline MiFIR transaction reporting for investment firms operating across the European Economic Area (EEA).
With the same high-quality standards, validation rules, and responsiveness as BME's established ARM (Approved Reporting Mechanism), ATR offers exhaustive coverage of both on- and off-venue transactions, facilitating clients to maintain full regulatory reporting compliance without operational complexity.
ATR provides a ‘last yard’ approach: clients connect directly to their National Competent Authority (NCA), while ATR handles the full data ingestion, validation, normalization, file preparation, and management of feedback from NCAs. This model allows clients control over submission while reducing the internal burden of managing evolving regulatory requirements.
Key features include:
- Manual and automated reporting options (via web dashboard or secure SFTP).
- Compatibility with CSV, XML, and ISO 20022 standards.
- Adaptability to client-specific activity profiles.
- Tailored for investment firms across the EEA jurisdictions where BME ARM is not currently active.
As a top quality service with a competitive fee structure, ATR offers firms a reliable and efficient reporting infrastructure without the need to integrate directly into an ARM framework.
’With ATR, we’re responding to a clear demand in the market: firms that need quality regulatory reporting without high overheads or heavy IT efforts changes. We’ve built a flexible, robust solution that enables compliance while offering efficiency, transparency, and cost-effectiveness.’
José Manuel Santamaría, Head of Regulatory Services, BME.