MiFID ARM Reporting Service

Challenges with Other MiFID ARM Solutions

Low tech and limited capabilities

Reporting solutions for EU and UK MiFID compliance can be inefficient, costly, and operationally burdensome. Many existing solutions fail to fully address some of firms’ biggest MiFID reporting challenges, like back-reporting, error correction, and ability to easily export reported data.

DTCC's MiFID ARM Solution

A single, resilient, cloud-native platform

To address these challenges, DTCC has extended its resilient, cloud-native, scalable reporting capabilities to offer a MiFID ARM solution. For over a decade, DTCC has distinguished itself as a trusted authority in regulatory reporting, supporting firms through complex regulatory change and increased scrutiny around data quality. Today, our award-winning Global Trade Repository service (GTR) supports derivatives and securities financing transactions reporting to over 70 regulators, covering 24 global reporting regimes/jurisdictions. More than 5,000 firms worldwide already trust DTCC with their regulatory reporting needs. You can too.

UK-FCA MiFID ARM Service

EU-esma mifid arm service

Launching H2 2026, pending regulatory approval

DTCC’s MiFID ARM service simplifies reporting by replacing fragmented legacy solutions with a single platform that enables high volume back-reporting submissions, error correction support, and enhanced data quality.

The DTCC Difference

Access to your global reporting, including EU and UK MiFID, through a single portal
Receive full copies of all submitted reports for review, analysis, and audit support
Access insights, trend analysis, and anonymized peer comparison data to support prioritization and remediation
Dedicated 24/7 back-reporting channel into the ARM for seamless in-sequence processing
Corrections Engine simplifies exception management and large scale back reporting, helping firms correct many issues efficiently and at volume
24/6 follow-the-sun-telephone support augmented with DTCC’s MiFID reporting subject-matter-experts

Markets in Financial Instruments Directive (MiFID)
Reporting at a Glance*

MiFID II transaction reporting applies to investment firms that execute transactions in reportable financial instruments. In-scope firms, including brokers, portfolio managers and authorized trading venues, must submit reports to their regulator, directly or via an ARM, by T+1.

Transactions in financial instruments that are:

Admitted to trading or traded on a trading venue (RMs, MTFs, OTFs)
Linked to a traded instrument, including derivatives where the underlying is traded on a venue or based on a traded index or basket. This obligation applies regardless of whether the transaction is executed on or off venue.

MiFID reporting covers the acquisition, disposal, or modification of a financial instrument, including purchases or sales of securities, and the entering into or closing out of derivatives. Certain activities, including novations and portfolio compressions, are excluded.

Transaction reports must be complete, accurate, and timely, with firms able to demonstrate effective controls and ongoing oversight over reporting quality.

*Information contained herein are for general informational purposes only, are not intended to provide legal, tax, investment, accounting, financial or any other professional advice on any matter, and should not be used or relied upon as such. DTCC assumes no direct, indirect or consequential liability for any errors in or for reliance upon any such information. You should obtain your own independent professional (including financial, tax and legal) advice.

MiFID ARM Reporting Service: Key Benefits

SEAMLESS ONBOARDING
- Dedicated team and single point of contact to assist with onboarding.
- Self-service tooling to set up accounts, set permissions and subscribe to reports and alerts.
MULTIPLE CONNECTIVITY AND SUBMISSION FORMATS
- Resilient, scalable and stable cloud-native platform supports submissions in CSV and XML via MQ, SFTP and Web Upload channels.
- DTCC/ISDA collaboration on Common Domain Model / Digital Regulatory Reporting.
COMPREHENSIVE ANALYTICS
- Access insights daily and easily investigate, schedule and download results.
- Trade Reporting Analytics – offers near real-time, fully automated data quality oversight, through detailed peer comparisons, root cause identification, and historical trend analysis.
DEDICATED BACK-REPORTING CHANNEL
- Dedicated, 24/7 back-reporting channel into the ARM, for seamless in-sequence processing.
- Submissions error report supports timely issue resolution.
QUALITY CONTROL ASSURANCE
- Highly performant ingestion layer with rapid response generation.
- Error Corrections Engine simplifies exception management and large-scale back-reporting, helping firms correct many issues efficiently and at volume.
- ARM and NCA ACK/NACK status management through intra-day and end of day reports.
- Cloud-to-cloud data sharing gives clients access to their full database in their own cloud.
INDUSTRY ADVOCACY
- DTCC’s dedicated government and regulatory liaison teams based in Brussels and London focused on financial services policy across Europe.
- Acting as trusted partners and strategic advisors, our inhouse subject matter experts advocate on industry issues.
OUTSTANDING CLIENT EXPERIENCE
- Single, consistent user interface across all global regulations, including MiFID.
- 24/6 follow-the-sun-telephone support augmented with DTCC’s MiFID reporting subject matter experts.
- Regular and transparent communication on updates.