DTCC Consulting partnered with a leading global asset manager who was facing significant challenges in aligning their internal processes with ASIC’s regulatory requirements. The asset manager approached us for our expertise in interpreting complex rules and refining their submission procedures.

Background

From the outset, our team focused on understanding the client’s needs and mapping the data flows involved in their ASIC submission process. With our subject matter expertise, we created a comprehensive data lineage document that captured every step, from trade initiation to valuation and collateral reporting.

This document enabled the client to observe and trace all the different touchpoints along the data submission journey, allowing them to validate for accuracy and consistency. 

But we didn’t just stop at providing documentation; we also shared our knowledge of industry best practices and further recommended tools that would help the client strengthen their data management and compliance efforts.

To ensure everything was accurate and compliant, we conducted a detailed review of sample trades, comparing them against ASIC’s regulatory standards and industry best practice. We also expanded our review to include collateral and valuation submissions, providing the client with robust validation and confidence in their regulatory reporting. 

“The DTCC Consulting team showed great commitment and attention to detail throughout the engagement. Our experience really showcases the caliber of staff within this team.”

Our Approach

From the outset, our team focused on understanding the client’s needs and mapping the data flows involved in their ASIC submission process. With our subject matter expertise, we created a comprehensive data lineage document that captured every step — from trade initiation to valuation and collateral reporting. This document enabled the client to observe and trace all the different touchpoints along the data submission journey, allowing them to validate for accuracy and consistency.

But we didn’t just stop at providing documentation; we also shared our knowledge of industry best practices and further recommended tools that would help the client strengthen their data management and compliance efforts.

To ensure everything was accurate and compliant we conducted a detailed review of sample trades, comparing them against ASIC’s regulatory standards and industry best practice. We also expanded our review to include collateral and valuation submissions, providing the client with robust validation and confidence in their regulatory reporting.

Impact

The results were clear: our client received a thorough, end-to-end data lineage document that empowered them to meet ASIC’s requirements with certainty.

Our independent review and actionable recommendations positioned them for ongoing success in a demanding regulatory environment. Throughout the engagement, we prioritized clear communication and proactive issue resolution. As the client shared, “The consultants working on the project were approachable, personable, and very knowledgeable. We had great interactions throughout the project.”