LET CAPPITECH HELP WITH YOUR RTS 27 & 28 OBLIGATIONS
Creating quarterly RTS 27 and yearly RTS 28 reports isn’t easy. It requires regulatory know-how and unique data capture to fill the required tables. To solve this problem, Cappitech has expanded its Best Execution suite of solutions to support RTS 27 & 28 reports.
HOW IT WORKS
Cappitech connects to client databases to pull execution data. The data is then standardized and filtered for required trading statistics.
For RTS 27, Cappitech calculates pre and post-trade related information to generate average transaction prices, order sizes and effective spread among the many calculations for required data fields. Static and pre-trade data is then enriched and populated according to the standards of the 9 tables of RTS 27.
To comply with RTS 28 standards, Cappitech filters trades by the regulation’s product type classifications, converts trade amounts to a single currency and calculated top 5 venue details.
Best Execution Suite of Products
Along with RTS 27, Cappitech also provides daily Best Execution monitoring. The platform helps investment firms ensure that they are following MiFID II’s requirements to “take all reasonable” steps to obtain best possible prices for their clients.
HOW YOU CAN BENEFIT
SaaS & Automation: Significantly cuts the initial IT and HR costs to begin reporting and the ongoing work required to keep the reporting compliant as laws are updated regularly. Operational excellence: Our Client Services team monitors client trades on an ongoing basis, alerts and helps fix any reporting exceptions.
Customized for your business
Asset Managers Capptivate provides integration with fund management and OMS software in a secure environment to grab data needed to complete RTS 27 & 28 reports
Online Brokers Onboarding reporting solutions for over 50 brokers, Cappitech understands the needs of Forex and CFD brokers to provide a cost effective and simple integration process.
Banks Firms benefit from our flexible integration process which includes connectivity to treasury systems to automate reporting as well as customized Excel templates for manual file uploads.